NAB issues arrest warrants for Asif Zardari in fake accounts case

The National Accountability Bureau (NAB) on Thursday has issued arrest warrants for former president Asif Ali Zardari in a case pertaining to a suspicious transaction of Rs 8 billion.

The case is related to a suspicious transaction of Rs 8.3 billion from Bahria Town through joint accounts of Zain Malik, son-in-law of property tycoon Malik Riaz, into fake accounts.

As being reported, NAB chairman Justice (retd) Javed Iqbal has signed the arrest warrants.

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Furthermore, the bureau submitted a written reply to the Islamabad High Court (IHC) in bail before arrest petition filed by the former president.

In its reply, the corruption watchdog stated that the former premier is required for investigation.

A two-member bench headed by Justice Aamer Farooq will hear Zardari’s bail plea today.

 Farooq H. Naek, Zardari’s lawyer will be appearing before the court.

On September 23, the IHC had extended the former president’s interim bail till October 15 (today).

The court had granted pre-arrest interim bail to the former president in this case on June 18, 2019.