The <a href="https://www.wionews.com/south-asia/high-treason-case-against-me-baseless-lawyer-not-being-heard-musharraf-266085">Islamabad High Court</a> (IHC) on Wednesday adjourned the hearing of former president <a href="https://www.wionews.com/south-asia/pakistan-former-president-asif-ali-zardaris-bail-application-admitted-in-high-court-266001">Asif Ali Zardari</a> and his sister Faryal Talpur's bail petitions in connection with two money laundering cases.

A two-member bench headed by Justice Athar Minallah presided over the hearing of the bail applications in the graft cases through fake bank accounts and Park Lane corruption references, Dunya News reported.

The applications were filed by Farooq H Naek on behalf of both <a href="https://www.wionews.com/south-asia/pakistan-peoples-party-a-brief-history--149576">Pakistan Peoples Party</a> (PPP) leaders. The <a href="https://www.wionews.com/south-asia/pakistan-national-accountability-bureau-to-freeze-shehbaz-sharifs-properties-in-disproportionate-assets-case-236464">National Accountability Bureau</a> (NAB) and the federal government have been made respondents in the petitions.

The applications maintained that the NAB has failed to provide any evidence against the PPP leaders since their arrest, which took place more than five months ago.

On Tuesday, Zardari had filed two bail applications on medical grounds in two references whereas Talpur sought bail from the same court in one corruption reference, while pleading with the court that she was a mother of a differently-abled child, and therefore she needed to take care of that child.

The former president, who is currently undergoing treatment at a hospital in Islamabad, has maintained in the bail plea that he is suffering from a heart condition as well as diabetes and needs medical care.

On July 1, the NAB had arrested Zardari in the Park Lane case while he was already in custody with the bureau's Rawalpindi directorate in connection with the fake accounts case.

On July 29, an accountability court issued copies of the Park Lane reference against former president Zardari which states that the former president had taken Rs 1.5 billion loan from the National Bank of Pakistan (NBP) in the name of fake company Parthenon.

The PPP leader was 25 per cent shareholder in Park Lane Company and he also made a fake company Parthenon in the name of his employees. Besides, the property was also bought in the IBC Center where the bureau has sealed eight floors.

The Islamabad High Court (IHC) on Wednesday adjourned the hearing of former president Asif Ali Zardari and his sister Faryal Talpur's bail petitions in connection with two money laundering cases.

The Islamabad High Court (IHC) on Wednesday adjourned the hearing of former president Asif Ali Zardari and his sister Faryal Talpur's bail petitions in connection with two money laundering cases. A two-member bench headed by Justice Athar Minallah presided over the hearing of the bail applications in the graft cases through fake bank accounts and Park Lane corruption references, Dunya News reported. The applications were filed by Farooq H Naek on behalf of both Pakistan Peoples Party (PPP) leaders. The National Accountability Bureau (NAB) and the federal government have been made respondents in the petitions. The applications maintained that the NAB has failed to provide any evidence against the PPP leaders since their arrest, which took place more than five months ago. On Tuesday, Zardari had filed two bail applications on medical grounds in two references whereas Talpur sought bail from the same court in one corruption reference, while pleading with the court that she was a mother of a differently-abled child, and therefore she needed to take care of that child. The former president, who is currently undergoing treatment at a hospital in Islamabad, has maintained in the bail plea that he is suffering from a heart condition as well as diabetes and needs medical care. On July 1, the NAB had arrested Zardari in the Park Lane case while he was already in custody with the bureau's Rawalpindi directorate in connection with the fake accounts case. On July 29, an accountability court issued copies of the Park Lane reference against former president Zardari which states that the former president had taken Rs 1.5 billion loan from the National Bank of Pakistan (NBP) in the name of fake company Parthenon. The PPP leader was 25 per cent shareholder in Park Lane Company and he also made a fake company Parthenon in the name of his employees. Besides, the property was also bought in the IBC Center where the bureau has sealed eight floors.

Court adjourns hearing of Zardari, Talpur's bail applications till December 11

An accountability court here on Monday extended till August 8 the physical remand of former President Asif Ali Zardari and his sister Faryal Talpur in a money laundering case worth Rs 4.4 billion.

The National Accountability Bureau (NAB) had sought a 10-day physical remand of Zardari and that of five-day of Talpur.

During the proceedings, Zardari's counsel Farooq H Naek requested the court that it would be better if the two were presented in the court the same day, reported the Express Tribune.

Zardari was first arrested by the NAB in June, this year, after the Islamabad High Court (IHC) recalled the pre-arrest bail granted to him and his sister in the fake accounts case.

Zardari and his sister have denied any links with the fake accounts.

The two have the option of appealing the order in the Supreme court.

The case pertains to suspicious transactions worth Rs 4.4 billion allegedly carried out through a fictitious bank account.

In January last year, the Federation Investigation Agency (FIA) began an inquiry when the State Bank of Pakistan's financial monitoring unit issued a "suspicious transaction report" on 10 bank accounts.

Transactions worth billions were made over the years when over 20 bogus accounts were opened with a private bank.&nbsp;

An accountability court here on Monday extended till August 8 the physical remand of former President Asif Ali Zardari and his sister Faryal Talpur in a money laundering case worth Rs 4.

An accountability court here on Monday extended till August 8 the physical remand of former President Asif Ali Zardari and his sister Faryal Talpur in a money laundering case worth Rs 4.4 billion. The National Accountability Bureau (NAB) had sought a 10-day physical remand of Zardari and that of five-day of Talpur. During the proceedings, Zardari's counsel Farooq H Naek requested the court that it would be better if the two were presented in the court the same day, reported the Express Tribune. Zardari was first arrested by the NAB in June, this year, after the Islamabad High Court (IHC) recalled the pre-arrest bail granted to him and his sister in the fake accounts case. Zardari and his sister have denied any links with the fake accounts. The two have the option of appealing the order in the Supreme court. The case pertains to suspicious transactions worth Rs 4.4 billion allegedly carried out through a fictitious bank account. In January last year, the Federation Investigation Agency (FIA) began an inquiry when the State Bank of Pakistan's financial monitoring unit issued a "suspicious transaction report" on 10 bank accounts. Transactions worth billions were made over the years when over 20 bogus accounts were opened with a private bank.

Fake accounts case: Asif Ali Zardari's remand extended till August 8

farooq-h-naek

Farooq H Naek, News on Farooq H Naek, stories on Farooq H Naek, articles on Farooq H Naek, Farooq H Naek stories at Wion, Farooq H Naek news, Farooq H Naek latest news

farooq h-naek

Court adjourns hearing of Zardari, Talpur's bail applications till December 11

Fake accounts case: Asif Ali Zardari's remand extended till August 8