ISLAMABAD – The Islamabad High Court (IHC) on Wednesday granted bail to PTI founder Imran Khan in 190 million pounds case.
A division headed by IHC Chief Justice Aamer Farooq issued the verdict, while ordering the former premier to deposit surety bonds worth Rs1 million.
The bench had reserved the verdict a day earlier after hearing arguments from both sides.
In February this year, the accountability court indicted PTI founder and his wife Bushra Bibi in the 190 million pound settlement case. Both suspects had later denied the allegations.
Last year, the National Accountability Bureau (NAB) filed a corruption reference against Khan, his wife and six other suspects in the case of a £190 million settlement case.
The PTI founder and others were accused of receiving land worth millions of rupees as a bribe from a real estate tycoon through the Al-Qadir Trust in return of protecting his month.
The case began when the British government discovered £140 million in an account owned by the son of a prominent Pakistani real estate tycoon and his wife in 2019. The National Crime Agency froze the funds, suspecting them to be proceeds of criminal activities. Surprisingly, neither the individuals nor their wife challenged the account freeze. Following legal procedures, the UK returned the laundered funds to the Pakistani government in 2019.
More to follow…
