ISLAMABAD - Fearing arrest, Former President Asif Ali Zardari has approached Islamabad High Court for bail before arrest in money laundering case.
A banking court issued non-bailable arrest warrants for Pakistan People’s Party Co-chairman Asif Ali Zardari and 15 other accused in the fake bank accounts case.
During the hearing of Rs35 billion money laundering case, the prosecution stated that arrest warrants were issued in an earlier hearing for the accused who were declared absconders in the charge sheet submitted by the investigative agency in July.
Former PSX chairman Hussain Lawai is among the accused. However, a statement issued by the PPP said Zardari’s counsel Farooq H Naek denied that the court had issued arrest warrants for Zardari.
Those who were declared absconders include the former president, his sister and MPA Faryal Talpur, chairman of a private bank, Anwar Majeed, Abdul Ghani Majeed, Aslam Masood, Mohammad Arif Khan, Adeel Shah Rashidi, Nasser Abdullah Hussain, Mohammad Ashraf, Adnan Jawed, Mohammad Umair, Iqbal Arain, Qasim Ali, Shahzad Ali, Azam Wazir Khan, Sher Mohammad Mugheri, Zain Malik, Mohammad Iqbal Khan Noori, Nimr Majid and Mustafa Zulqarnain.