Fake accounts case: NAB issues arrest warrants for Asif Zardari

ISLAMABAD (92 News) – The National Accountability Bureau (NAB) has on Thursday issued arrest warrants for former president Asif Ali Zardari over suspicious transaction of Rs 8 billion in fake accounts case.

The NAB issued warrants after approval of NAB chief Justice (retd) Javed Iqbal. The bureau submitted a written reply to the Islamabad High Court (IHC) in a bail before arrest petition filed by the former president.

In its reply, NAB stated that the PPP co-chairman is not entitled to bail and requested the court to dismiss his bail plea.

A two-member bench headed by Justice Aamer Farooq will hear the PPP co-chairman’s bail plea today. Asif Zardari’s counsel and the NAB will present their arguments before the court.

The court had granted pre-arrest interim bail to the former president in this case on June 18, 2019.

Zardari and his sister Faryal Talpur have been facing multiple cases, based on a mega money laundering scandal involving fictitious transactions worth Rs35 billion allegedly conducted through ‘benami’ bank accounts.