Thursday October 14, 2021

AC Declares Zardari Bail Petition As Non-Maintainable In Suspicious Transaction Case

Islamabad: An accountability court hearing a reference of eight billion rupees suspicious transaction against Asif Ali Zardari declaring his bail petition as non-maintainable and rejected his bail.

Earlier, the hearing of eight billion rupees suspicous transaction against former president Asif Ali Zardari was heard today while the court had reserved verdict on bail petition maintainability.

Counsel of former president Farooq H Nayik said that he has filed bail petition then decide the bail petition first. Farooq H Nayik said that one can not be indicted in the reference adding that this is not the case after the NAB Amendment Ordinance. While he argued that there is no allegations of harming the national exchequer.

To which, the NAB prosecutor said that if the court give us notice then we will respond on it.

Farooq Nayik said that this case not comes to corruption or corrupt practice adding that there is no case of illegal use of power or taking illegal money. He said that the court should issue notice to the NAB ask it for reply.

He said that “you should provide justice to us not bulldoze our case.”He went on to say that the dubious transaction case worth Rs 8 billion is a private transaction which no longer falls under the purview of NAB.

Later on the basis of the NAB amendment ordinance Asif Zardari filed bail petition. On which, Judge Asghar Ali remarked that is bail petition of Asif Zardari is maintainable or not? we will give verdict shortly.

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