Majeed gets bail on medical grounds

The IHC directing Majeed to submit surety bonds worth Rs 100 million in the five references he is facing and disposed of the NAB's plea challenging the bail.

In its order, the IHC bench said that Majeed was being granted bail solely on medical grounds.

"If the accused goes anywhere else apart from medical treatment, then the NAB can submit an application seeking the end of the bail," noted the bench.

The court ruled that Majeed would undergo treatment at an Islamabad hospital and would appear before the IHC whenever he was summoned.

In its report, the jail authorities informed the court that the accused was being given every possible treatment, while he was in custody.

They added that Ghani's tests were also sent to Shaukat Khanum Hospital.

However, his lawyer said that his client would like his treatment to be done at Aga Khan Hospital.

The five cases for which Ghani was granted bail are the Roshan Sindh Programme, Park Lane, Thatta water supply, sugarcane subsidy and amenity plots illegal allotment cases.

Earlier this month, the IHC also accepted Abdul Ghani Majeed's bail plea in the fake bank accounts case.

He is one of the prime accused in the case along with his father, Omni Group Chairman Anwar Majeed, former president Asif Ali Zardari, and Faryal Talpur.

It was October 2015, when the anti-corruption wing of the Federal Investigation Agency (FIA) in Karachi received a tip-off of suspicious intra-bank transactions from the Summit Bank, Sindh Bank, and the United Bank Limited.

The profiles of the account holders did not match their earnings/income.

The FIA authorities suspected that these accounts were being run by the Zardari Group and Omni Group and others.

The investigation team concluded that 32 fake bank accounts were being operated by 11 fake entities to launder money from kickbacks, land grabbing and large scale misappropriation of public funds.

Former president Asif Ali Zardari, his sister Faryal Talpur, Hussain Lowai, the then-president Summit Bank, Nasser Abdullah Lootah, chairman Summit Bank, chairman Omni Group Anver Majeed and his son are the prime suspects in the case.

Copyright Business Recorder, 2020

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