AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)
Pakistan

LHC issues release orders of PML-N's Khwaja Asif

  • On December 29, 2020, Asif was arrested by the National Accountability Bureau in assets beyond means case
  • NAB said Asif received money from Dubai and its details were not provided to them
Published June 24, 2021

(Karachi) The Lahore High Court (LHC) has issued the release orders for Pakistan Muslim League-Nawaz (PML-N) leader Khwaja Asif in the assets-beyond-means case, local media reported on Thursday.

The decision was announced by LHC bench, comprising Justice Alia Neelam and Justice Shahbaz Rizvi.

A court official carrying the release order of Asif went to Kot Lakhpat Jail and delivered it to the prison authorities.

LHC allows post-arrest bail to Asif

On December 29, 2020, the PML-N leader was arrested by the National Accountability Bureau (NAB). He filed a bail application on March 27, 2021.

Asif, in his bail plea, stated that he was arrested by NAB on December 29 in assets beyond means case and money-laundering charges.

He told the court that he had already submitted details sought by NAB and claimed that the anti-corruption watchdog has not shared any of the records turned in by him.

LHC issues notices to NAB

The NAB officials had argued that the PML-N leader had been elected as a senator in 1991 and his assets in 1993 had amounted to Rs5.1million. They added that Asif continued to be elected as an MNA from 1993 to 2018.

They told the court that the PML-N leader had earned Rs50 million from a local business, earned a total income close to Rs333 million and had invested Rs157 million. Meanwhile, Asif's total expenses had been Rs454 million.

They contended that Asif had received money from Dubai and details of its nature and money trail were not provided.

Comments

Comments are closed.