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

Pakistan court issues arrest warrant against former president Asif Ali Zardari
Asif Ali Zardari. File Pic

A banking court yesterday issued non-bailable arrest warrants against Pakistan's former president and PPP co-chairman Asif Ali Zardari 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, PPP spokesperson Farhatullah Babar issued a statement in which he quoted Zardari's counsel Farooq H Naek as saying that no warrants against the former president have been issued.

The Federal Investigation Agency had declared Zardari 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 Sindh Bank and five in the United Bank Limited.

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