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Money laundering: SC rejects bail application of accused

23 Aug, 2017

Rejecting post-arrest bail application of an accused involved in money laundering of 300,000 Saudi Riyals, the Supreme Court on Tuesday asked the trial court to conclude adjudication in three months, failing which the bail would be the matter of right to the accused. Customs officials had apprehended Muhammad Zada under charges of money laundering with Saudi Riyals 300,000 at Bacha Khan Airport Peshawar. His bail application was rejected from all forums and then he invoked the apex court's jurisdiction for bail as a relief.
Resuming the hearing of post-arrest bail application of the accused, Justice Dost Muhammad Khan heading a three-member bench recalled that customs authorities had arrested supermodel Ayyan Ali during a bid to smuggle US dollars to the UAE.
Justice Dost Muhammad Khan observed that US dollars were recovered from the custody of Ayyan Ali, saying a number of people used to die for US dollar, adding that Muhammad Zada was involved in money laundering of Saudi riyals but people at the helm of affairs don't express much love for Saudi riyals.
Responding to deputy attorney general's arguments that bail is granted to woman as a matter of right except certain cases, Justice Dost Muhammad was of the view that Ayyan Ali was not given such concession and was forced to roam around the courts for remedy.

Copyright Business Recorder, 2017

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