LAHORE – A banking court Saturday extended the bail of PTI’s JahangirTareen and his son Ali Tareen in money laundering and financial fraud cases.

Jahangir Tareen and son Ali Tareen appeared before the banking andsession’s court while their counsel prayed to grant bail for a longerperiod owing to the Covid-19 situation. The legal team of the JDW ownermaintained that the federal investigators had summoned his clients onFriday and are likely to call them to its office again.

Judge Hamid Hussain asked the FIA lawyer whether it has any objections tothe authority of the court. The lawyer replied that the institution has noobjections and said that the court should order the accused to join theinvestigation.

The judge further added that FIA must have told the court regarding therole of each accused and the investigation should be made transparent.Judge Hussain also directed all the accused to join the probe launched bythe FIA.

The FIA lawyer told the court that Jahangir Tareen, 67, is the owner of JWDSugar Mills and the initial investigation traced illegal funds transfersworth billions in the bank accounts of Jahangir Tareen and his son. Theruling party leaders are also facing allegations of their role in anartificial increase in sugar scam, he added.