AIRLINK 202.35 Increased By ▲ 1.11 (0.55%)
BOP 10.13 Increased By ▲ 0.16 (1.6%)
CNERGY 7.15 Increased By ▲ 0.26 (3.77%)
FCCL 37.10 Increased By ▲ 1.74 (4.92%)
FFL 17.05 Decreased By ▼ -0.10 (-0.58%)
FLYNG 25.69 Increased By ▲ 1.48 (6.11%)
HUBC 135.43 Decreased By ▼ -2.76 (-2%)
HUMNL 14.14 Increased By ▲ 0.07 (0.5%)
KEL 4.84 Decreased By ▼ -0.02 (-0.41%)
KOSM 6.70 Increased By ▲ 0.04 (0.6%)
MLCF 46.30 Decreased By ▼ -0.01 (-0.02%)
OGDC 222.38 Decreased By ▼ -0.16 (-0.07%)
PACE 7.00 Decreased By ▼ -0.06 (-0.85%)
PAEL 42.50 Decreased By ▼ -0.64 (-1.48%)
PIAHCLA 16.99 Decreased By ▼ -0.04 (-0.23%)
PIBTL 8.59 Increased By ▲ 0.05 (0.59%)
POWER 9.65 Increased By ▲ 0.55 (6.04%)
PPL 187.90 Decreased By ▼ -0.86 (-0.46%)
PRL 42.24 Decreased By ▼ -1.03 (-2.38%)
PTC 25.25 Decreased By ▼ -0.10 (-0.39%)
SEARL 108.01 Decreased By ▼ -2.41 (-2.18%)
SILK 1.02 Decreased By ▼ -0.01 (-0.97%)
SSGC 42.44 Decreased By ▼ -0.20 (-0.47%)
SYM 18.50 Decreased By ▼ -0.07 (-0.38%)
TELE 9.08 Decreased By ▼ -0.04 (-0.44%)
TPLP 13.49 Decreased By ▼ -0.19 (-1.39%)
TRG 67.70 Decreased By ▼ -0.46 (-0.67%)
WAVESAPP 10.34 Increased By ▲ 0.07 (0.68%)
WTL 1.85 Decreased By ▼ -0.02 (-1.07%)
YOUW 4.01 No Change ▼ 0.00 (0%)
BR100 12,233 Increased By 13.5 (0.11%)
BR30 37,198 Decreased By -119.5 (-0.32%)
KSE100 116,006 Increased By 160.7 (0.14%)
KSE30 36,554 Increased By 78.2 (0.21%)

LAHORE: Justice Asjad Javed Ghural of the Lahore High Court on Tuesday refused to sit in a division bench due to personal reason hearing post-arrest bail petition of former defence minister Khwaja Muhammad Asif.

The bench however, referred the bail petition in an inquiry of assets beyond and money laundering initiated against Khawaja Asif by the National Accountability Bureau (NAB) to the LHC chief justice for its fixation before any other appropriate bench.

Earlier, the counsel of Khawaja Asif contended in the petition that the NAB had not been able to produce any evidence, disproportionate to his known sources of income.

He said mere ownership of a property did not constitute an offence under the NAB law.

The counsel said that the petitioner had already provided the NAB with an explanation of various sources of income justifying the acquisition of the assets owned and possessed by him. The NAB alleged that Asif failed to explain the sources of his income and assets. The NAB had arrested Khawaja Asif from Islamabad on December 29 last and later shifted to Lahore.

Copyright Business Recorder, 2021

Comments

Comments are closed.