ISLAMABAD – The Islamabad High Court (IHC) Tuesday granted bail to Pakistan Peoples' Party (PPP)'s Leader and former president Asif Ali Zardari's sister Faryal Talpur in a case pertaining to mega money laundering through fake accounts.
The bail was accepted against surety bonds worth Rs10 million.
A division bench comprising Chief Justice Athar Minallah and Justice Aamer Farooq announced the judgment after hearing arguments from both sides at large.
During the course of proceeding, the bench asked the Additional Prosecutor General (APG) National Accountability Bureau (NAB) Jahanzeb Bharwana that if the bureau had concluded its investigation from the accused. Bharwana answered in affirmation.
Earlier, NAB submitted its reply to the court and opposed the bail petition of Faryal Talpur. The reply stated that Faryal Talpur had been nominated in a NAB reference and beneficiary of fake accounts.
It stated that the NAB had filed a supplementary reference against the accused regarding the money laundering.
The NAB said that Faryal Talpur had been chief executive officer (CEO) of Zardari Group of Companies.
After hearing arguments from both sides, the court accepted the bail petition of Faryal Talpur. It may be mentioned here that former president Asif Ali Zardari had also been given bail a few days back in two references.
Meanwhile, an Accountability Court Islamabad adjourned hearing on fake accounts references till January 7. Nominated accused including Faryal Talpur, Abdul Ghani Majeed and others appeared before AC-II Judge Azam Khan.
However, Farouk H. Naek submitted medical report of former president Asif Ali Zardari and requested the court to grant his client an exemption from hearing.
Naek apprised the court that the doctors had stopped his client from travel due to his health condition.
The NAB prosecutor pleaded that copies of supplementary reference pertaining to money laundering would be prepared till tomorrow.
Associated Press of Pakistan Corporation (APPC) - Pakistan's Premier News Agency
Pakistani rupee remains stable against US dollar in the open market on 29 March, 2024.
In the open market, the US dollar was being quoted at 278.3 for buying and 281.05 for selling.
Euro moves down to 299.75 for buying and 302.75 for selling while British Pound hovers around 353.75 for buying, and 357.25 for selling.
UAE Dirham AED remains stable at 75.55 whereas the Saudi Riyal saw minor increase, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 278.3 | 281.05 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.70 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.46 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.7 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724.36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.78 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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