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Business & Finance

Court extends Asif Hashmi's judicial remand till May 29

LAHORE: An accountability court on Tuesday extended judicial remand of Asif Hashmi, former Evacuee Trust Property Bo
Published May 15, 2018 Updated May 15, 2018 08:40pm

LAHORE: An accountability court on Tuesday extended judicial remand of Asif Hashmi, former Evacuee Trust Property Board (ETPB) chairman, involved in illegal investments and plots allotment cases, till May 29.

The NAB authorities produced Asif Hashmi before Accountability Court Judge Munir Ahmad who extended the judicial remand till May 29 and ordered to produce him again on expiry of the remand term.

Another accountability court also extended the judicial remand of Asif Hashmi in illegal recruitment cases till May 29.

Meanwhile, Special Judge Central Muhammad Rafique adjourned hearing of bail application of Asif Hashmi in embezzlement and illegal investment cases till June 5.

The court adjourned the matter after investigation officer concerned sought time for preparation.

It is pertinent to mention here that Hashmi served as the ETPB chairman between 2008 and 2013. After completing his tenure, he left for Dubai.

Hashmi returned to Pakistan on February 10, 2018, and the FIA arrested him from Supreme Court premises after it was revealed that he did not secure bail in some cases against him.

Hashmi is not only wanted by the FIA but also by the NAB in four references regarding illegal investments of Rs 985.56 million with High Links Capital, illegal 451 plots allotment and illegal recruitment.

Hashmi's custody was transferred to NAB authorities which obtained his physical remand from accountability courts but, later, on April 19, he was sent to jail on judicial remand.

Copyright APP (Associated Press of Pakistan), 2018

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