The Accountability Court hearing the multibillion rupees fake bank accounts case, involving former president Asif Ali Zardari, on Thursday extended the judicial remand of Liaquat Qaimkhani, former Director General (Parks), Karachi Metropolitan Corporation (KMC), till January 27.

Qaimkhani was produced from Adila Jail before Accountability Court Judge Muhammad Bashir on expiry of his judicial remand. Qaimkhani is facing charges regarding illegal allotment of Bagh Ibn-e-Qasim land to real estate giant Bahria Town for its Icon Tower in Karachi.

According to NAB, the accused was the custodian of the Bagh Ibn-e-Qasim land at the time when it was illegally allotted. The officials of NAB also produced another accused in fake accounts case namely Dr Dinshaw Anklesaria before Accountability Court Judge Muhammad Bashir from Adiala Jail on expiry of his remand term.

The court also extended judicial remand of Anklesaria till January 27 and ordered to produce him before it on the next hearing. Anklesaria is facing charges of obtaining a loan on forged documents. He is also said to be involved in benefiting Park Lane Company through fake bank accounts.

According to the joint investigation team (JIT), Park Lane Estate Company, a Karachi-based firm, was incorporated on October 18, 1979. In 1989, Zardari acquired the company along with his 'front man' Iqbal Memon. In 2009, Zardari, Chairman Pakistan Peoples Party Bilawal Bhutto Zardari, Iqbal Memon and others became shareholders of the company.