Lahore (Agencies): The Lahore High Court on Tuesday granted pre-arrest bail to property tycoon Malik Riaz's son-in-law Zain Malik for a week in the fake accounts case.
A two judge bench of the LHC, headed by Justice Malik Shehzad Ahmed, heard the petition for pre-arrest bail.
"I want to go to the relevant forums to defend my case," Zain Malik said in his petition.
"I fear that NAB will arrest me and thus a pre-arrest bail should be provided," he added.
The court approved a week-long pre-arrest bail for the petitioner, keeping NAB from arresting him in the stipulated period.
The National Accountability Bureau (NAB) On Monday filed a reference against Zain Malik in the fake accounts case.
The reference has been filed in an investigation into holders of public office, legal persons and others allegedly involved in the ongoing fake bank accounts case pertaining to a misuse of authority in the allotment or regularisation of government land in flavor of M/S Pink Residency and others.
Those named in the reference are accused of misusing their authority and causing losses worth Rs2.5 billion to the national exchequer. NAB Rawalpindi, as part of its reference into the allotment of over 30 acres of land worth Rs 2.5bn, has cautioned the relevant authority to avoid any further sale or purchase of land.
