IHC issues detailed verdict in Zardari’s bail plea rejection

ISLAMABAD: Detailed verdict in the bail plea of former president Asif Ali Zardari, rejected by the Islamabad High Court (IHC), in fake bank accounts case has been issued on Tuesday, ARY News reported.

A seven-page detailed verdict has been issued with the signatures of Justice Aamir Farooq and Justice Mohsin Akhtar Kiani.

The verdict states that the Supreme Court in the Avenfield case had set precedents for bail in cases of the NAB. Further, the decision of the Supreme Court is also applicable to matters of bail before arrest.

According to the IHC verdict, the bail plea of Pakistan People’s Party (PPP) co-Chairman Asif Ali Zardari was rejected on merit.

“The furnishing of a bond under section 90 Cr.P.C is not a bar for NAB to arrest petitioners for investigation of the case as the bond is submitted only for a personal appearance before the court”, the verdict read.

Read more: NAB arrests Asif Zardari in fake bank accounts case

Furthermore, the verdict said, the Chairman NAB has no lawful authority to execute warrants of arrest.

On June 10, National Accountability Bureau (NAB) had arrested Asif Ali Zardari as Islamabad High Court (IHC) turned down bail pleas of the former president and his sister Faryal Talpur in a mega-money laundering case.

Asif Zardari is currently in NAB custody on physical remand.