Fake accounts case: Qaim Ali Shah granted pre-arrest interim bail

ISLAMABAD: Former Sindh chief minister Syed Qaim Ali Shah was granted pre-arrest interim bail by the Islamabad High Court (IHC), ARY News reported on Tuesday.

Amid fear of detainment in mega money laundering case, a petition was filed on Monday by the Pakistan People’s Party (PPP) senior leader in IHC seeking pre-arrest bail in the multi-billion corruption case.

The petition stated that Shah is 85-years-old and is entitled to pre-arrest bail due to his age. It further maintained that the former CM has no connection with money laundering and his name was included in the case on political basis.

Read More: Zardari, Talpur, other money laundering case accused summoned for Islamabad hearing

The former chief minister was named in a report by the joint investigation team tasked to probe the fake accounts case involving PPP chairman Asif Ali Zaradi and others. Shah was among 172 people named in the report whose names were to be placed on the no-fly list.

Asif Ali Zardari, his sister Faryal Talpur and other accused, including PPP leaders and several businessmen, are facing an inquiry into the money laundering scam involving over Rs35 billion money laundered through fake bank accounts.