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NAB gets 11-day physical remand of former Pak President Zardari in money laundering case

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An accountability court on Tuesday granted (NAB) 11-day physical remand of former Ali Zardari, a day after he was arrested in connection with a case.

was presented before earlier today, which ordered that the be presented before him again on June 21, reports Dawn.

The NAB had sought 14-day physical remand of Zardari, which was opposed by his

The former was arrested on Monday, hours after the rejected his application seeking an extension of the pre-arrest bail.

A 15-member team of the country's top anti-corruption body, accompanied by police personnel, arrested the from his residence here.

During Tuesday's court proceedings, the accountability bureau said that there were eight solid grounds for Zardari's arrest.

NAB informed the court that was involved in mega through fake accounts and a beneficiary of these fake accounts.

During the proceedings, submitted a request for additional facilities in the NAB lock-up, which included the permission to keep one personal caretaker with him and all medical facilities to be provided to him.

"I am a sugar patient and at night my sugar gets low," Zardari told the court. "The attendant will not sit with me for 24-hour when they are required they will be called."

Zardari, of from 2008 until 2013, and his sister have been found guilty of through fictitious accounts. The two now have the option of appealing the order in the

The case pertains to suspicious transactions worth Rs 4.4 billion allegedly carried out through a

In January last year, the (FIA) began an inquiry when the State Bank of Pakistan's financial monitoring unit issued a "suspicious transaction report" on 10

Transactions worth billions were made over the years when over 20 bogus accounts were opened with a

At least 32 people are under the FIA scanner for laundering money from fictitious accounts. Zardari, however, has denied all these allegations.

Zardari spent time in jail in the 1990s and 2000s and was even nicknamed "Mr 10 per cent" for the commissions he allegedly received on the government contracts.

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

First Published: Tue, June 11 2019. 19:37 IST