Pakistan court approves bail to Imran Khan in prohibited funding case

Pakistan court approves bail to Imran Khan in prohibited funding case

a Pakistan Court on Monday granted interim bail to Pakistan Tehreek-e-Insaf chief Imran Khan In case of prohibited funds. A court in Islamabad granted interim bail against a surety of Rs 1 lakh valid till October 31, Geo News reported.

The move to seek bail from the special court came after the Islamabad High Court (IHC) last week granted protective bail to the PTI president in the same case till October 18 (Tuesday), under the condition that Khan would approach the court concerned.

According to the Dawn report, the Federal Investigation Agency has registered a case against Imran Khan and his party members for allegedly giving false affidavits to the Election Commission of Pakistan in connection with the banned funding case against his party.

PTI chief Imran Khan had sought bail after the FIA’s commercial bank circle in Islamabad filed an FIR against him and other PTI leaders on October 6.

The FIR states: “[The] PTI submitted affidavit [Abraaj founder]Arif Masood Naqvi submitted before the Election Commission of Pakistan that all the amount collected in the accounts of WCL (Wooton Cricket Limited) was deposited in the account of PTI in Pakistan.[the] The affidavit has been proved to be false/forgery as two more transactions were also carried out in May 2013 from WCL in two different accounts in Pakistan.”

As Dawn reported, it also cited United Bank Ltd (UBL) for failing to report suspicious transactions to the relevant authorities.

Following this, Imran filed a petition for protective bail, saying the relief was required so that he could “surrender and move a competent court.” [the] recreation area [his] bail application”.

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During the hearing of the case, Imran’s lawyer, Salman Safdar, told the court that two others booked by the FIA ​​in the same case had earlier approached a court for bail. However, the woman Additional Sessions Judge recused herself from hearing both the cases.

“The matter is either with the banking court or the special central court. There is no mention of fake accounts,” the lawyer quoted by Dawn said.

Pakistan’s investigative agency registered an FIR, including sections 5 and 23 of the Foreign Exchange Regulation Act 1947, read with sections 420, 468, 471, 477-A, and 109.

Apart from Imran Khan, Sardar Azhar Tariq, Tariq Shafi and Younis Amir Kiyani have also been named in the FIR, the report said.

According to the FIR, the probe agency alleged that a capital markets firm Abraj Group had transferred USD 2100,000 to a PTI account at a bank branch located at Jinnah Avenue in Islamabad.

It is pertinent to mention that Abraaj Group is currently in liquidation due to allegations of fraud. In addition, the party received over-financing from two bank accounts of Wootton Cricket Club, read the FIR. The probe agency said the manager of the private bank also assisted the FIA ​​in investigating suspicious transactions.

According to Geo News, the FIA ​​said that the affidavit given by businessman Arif Naqvi to the Election Commission of Pakistan was also false.

The FIR also mentioned that the manager of the same bank branch was also named in the case. It said that 12 currency transaction reports and suspicious transaction reports were to be reported by the bank officials to the concerned authorities, but they failed to do so.

The FIR comes a day after the Islamabad High Court (IHC) issued notice to the FIA ​​in the banned funding case after Imran Khan’s party asked the institution to restrain the agency from investigating.

On October 10, a district court in Lahore sent PTI leader Hamid Zaman to 14-day judicial custody in a banned funding case.

The FIA ​​had registered a case against Zaman, a trustee of the Insaaf Trust, over banned party funding.

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