Money laundering case: Interim bail of Zardari, Faryal extended till December 21

Money laundering case: Interim bail of Zardari, Faryal extended till December 21

Karachi (Staff Report): The interim bail of former president Asif Ali Zardari and his sister Faryal Talpur was extended by a banking court on Monday in mega money laundering case.


According to details, former president and Pakistan Peoples Party (PPP) co-chairman Zardari and his sister Faryal Talpur appeared before the court as the interim bail granted to them ended on Monday.

Onmi Group Chairman Anwar Majeed's sons Abdul Ghani Majeed and Nimr Majeed also appeared before the court.

During the hearing, the investigation officer apprised the court regarding the progress made in the case.

Counsel for Zardari requested the court for an extension in the interim bail. The court accepted the plea and extended interim bail of the former president and his sister till December 21.

This is pertinent to mention that the Federal Investigation Agency (FIA) is investigating 32 people, including Asif Ali Zardari and his sister Faryal Talpur in connection with money laundering through fake accounts.

Zardari’s close aide Hussain Lawai was arrested in July in connection with the probe.

Former president's other close aide and Omni Group chairman Anwar Majeed and his son Abdul Ghani were also arrested by FIA in this connection.

Over 20 ‘benami’ accounts were opened in 2013, 2014 and 2015 in some banks from where transactions worth billions of rupees were made, according to sources.

According to FIA sources, the amount is said to be black money gathered from various kickbacks, commissions and bribes.