Lahore (Staff Report): The Lahore High Court (LHC) on Wednesday granted bail to Pakistan Tehreek-e-Insaf (PTI) leader and Punjab's former minister Aleem Khan.
Aleem Khan was granted bail in the assets beyond means case on condition of submitting surety bonds worth Rs10 million.
The PTI leader had applied for bail in cases which accused him of accumulating assets beyond his known means of income and maintaining offshore companies.
On February 6, NAB Lahore arrested Aleem Khan as he was unable to satisfy the anti-graft body about the money trail for his assets.
According to NAB’s spokesperson, Aleem misused his authority as a lawmaker for his Parkview Housing Society. Aleem also has assets beyond his means in Pakistan and overseas.
The former Punjab minister is further accused of forming A and A Company to acquire 1,500 Kanals in Lahore and its outskirts. The accountability bureau spokesperson said Aleem did not provide a satisfactory response on the acquisition of this land.
The NAB stated that during his 2005 and 2006 visit to UAE and UK, Aleem Khan made several offshore companies.
Soon after his arrest, Aleem resigned from the post of Punjab local government minister and sent his resignation to the provincial chief minister.