Banking Court approves pre-arrest bail of Zardari in money laundering scam

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Karachi, August 31 (TNS): Banking court in Karachi approved the pre-arrest bail of Pakistan Peoples Party (PPP) co-chairman Asif Ali Zardari on Friday in money laundering case.

Asif Ali Zardari appeared in the court amid strict security. The banking court also ordered Zardari to submit surety bonds worth Rs20 lac.

As the former president arrived at the court, a journalist asked him, “Why didn’t you come in helicopter?” asked the journalist. “Wait here and I will come back in helicopter,” he replied.

Speaking to the media, Farooq H. Naik said that after becoming President of Pakistan, Asif Zardari left all business relations with Zardari Group (Pvt) Ltd and didn’t even supervise it.

“My client has not been shown as a suspect in the case. It has been said that money from A1 International came into Zaradri Group. How can Zardari be declared fugitive when he was contesting election? Neither the FIR nor the charge sheet says that my client committed money laundering,” he maintained.

It must be noted here that Zardari was granted protective bail from Islamabad High Court (IHC) while his sister Faryal Talpur, close aide and Omni Group Chairman Anwar Majeed and his three sons are out on interim bails.