Pak court issues arrest warrant against Zardari in money laundering case

Press Trust of India  |  Karachi 

A court here today issued non-bailable arrest warrants against Pakistan's former and PPP co-and 15 other suspects in the fake bank accounts scam case, according to a media report.

During the hearing of Rs 35 billion money laundering case, the court directed authorities to arrest and present Zardari, 63, before it by September 4, the Express Tribune reported.

However, issued a statement in which he quoted Zardari's as saying that no warrants against the former have been issued.

The (FIA) had declared and his sister Faryal Talpur, along with 18 other suspects, as absconders in an interim charge sheet filed in the case. Talpur had, however, obtained a bail against her arrest.

The fake accounts case revolves around a 2015 inquiry into suspicious transactions when 29 benami' accounts were identified, 16 of them in the Summit Bank, eight in the and five in the United Bank Limited.

The prosecution today stated that arrest warrants were issued in an earlier hearing for the accused who were declared absconders in the charge sheet submitted by the investigative agency in July.

Former Stock Exchange (PSX) is among the accused.

Speaking to media, an FIA said the remand was to further probe and obtain documents from the accused in the money laundering case.

The hearing has been adjourned till August 25.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 17 2018. 17:50 IST