Tuesday, January 31, 2023

Asif Ali Zardari files petition for acquittal in Rs8bln suspicious transaction case

Asif Ali Zardari files petition for acquittal in Rs8bln suspicious transaction case

ISLAMABAD (92 News) – PPP co-chairman and former president Asif Ali Zardari has filed a petition seeking his acquittal in the Rs 8 billion suspicious transaction case.

Accountability Court Judge Asghar Ali heard the case. Asif Ali Zardari appeared before court.

During the hearing, Asif Ali Zardari's counsel Farooq H Naik stated that a decision should be taken on the petition of acquittal first. “Indictment of his client cannot be carried out after the promulgation of the NAB Amendment Ordinance.”

Farooq H Naik contended that the case does not come under corruption and corrupt practice. “The court should issue notice to the NAB to seek a reply. Suspicious transactions of Rs8 billion is a private deal and doesn’t come under NAB jurisdiction.”

The NAB prosecutor said that they would submit the reply if the court orders them to do so.