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Pak court grants interm bail to Zardari

Press Trust of India  |  Islamabad 

A has granted interim bail to former Ali in a case related to alleged award of illegal contracts, a media report said Wednesday.

The (IHC) divisional bench comprising Justice and Justice granted bail till June 13 to Peoples Party (PPP) against Rs 200,000 surety bonds on Tuesday.

Zardari's told the court the (NAB) had summoned on May 23 in an inquiry related to award of allegedly illegal contracts to a private firm in Sindh, The Express Tribune reported.

According to the NAB, the Harish and Company was awarded a contract for water supply by the but failed to complete the projects and the public funds were allegedly misused to meet the expense of Naudero House, residence of the PPP

The NAB officials claim that Harish and Company was the front company to Park Lane Estate which led to a loss of Rs 60 million to the national exchequer.

Naek said it was possible that would be arrested upon his arrival in the NAB's office and requested the court to grant a pre-arrest bail to him.

The bench accepted Zardari's pre-arrest bail plea and served notices to the NAB.

The IHC has already granted pre-arrest bail to Zardari in seven other cases related to alleged money laundering through fake accounts.

Born in 1955, Zardari served as the 11th of from 2008 to 2013, the born after Partition.

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

First Published: Wed, May 22 2019. 16:41 IST
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