Lahore court approves Parvez Elahi's bail in money laundering case 

Lahore court approves Parvez Elahi's bail in money laundering case 

Lahore (Web Desk): A local court in Lahore on Tuesday approved Pakistan Tehreek-e-Insaf (PTI) president and former Punjab chief minister Chaudhry Parvez Elahi's bail in the money laundering case.

The order was passed by a special court over the bail application of the former Punjab chief minister, who had been arrested by Federal Investigation Agency (FIA) for alleged money laundering.

The court ordered Parvez Elahi to submit a surety bond of Rs500,000 against the bail.

Judge Aslam Gondal of the Banking Offenses Court issued the verdict and grilled the FIA for adopting a non-cooperative attitude.

FIA did not submit the record despite the court order, the judge stated.

The FIA had taken Elahi into custody in a money-laundering case after he was released from jail on June 26.

On June 24, A Lahore court on approved Chaudhry Parvez Elahi's bail in money laundering case.

Earlier on June 20, the former Punjab chief minister was granted post-arrest bail by an anti-corruption court in Lahore in a case regarding the illegal recruitments in the Punjab Assembly.

However, a new case was registered against Parez Elahi and his son Moonis Elahi on charges of money laundering within hours of the release orders and the FIA arrested him on June 21.

The case against Parvez and Moonis includes charges of fraud, money laundering, and corruption. It is alleged that the father-son duo concealed billions of rupees in five Panama-based companies.

Elahi was taken into custody from jail by the FIA officials, who was then taken to Services General Hospital in Lahore for medical examination.

Later, the agency presented Parvez Elahi to the district court and sought his 14-day physical remand.

The Anti-Corruption Establishment (ACE) in Gujranwala had arrested former Punjab CM earlier this month for allegedly taking Rs15 million in bribes as the speaker of the Punjab Assembly for making out-of-merit appointments on grade-17 posts in the provincial assembly.

It is pertinent to mention that Parvez Elahi was initially arrested on June 1 in a graft case, amid a crackdown on PTI in the wake of May 9 protests.

He was re-arrested multiple times after this in different cases, including the two money laundering cases.