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Pakistan

IHC grants interim bail to B4U company's CEO

  • The court accepted the bail against surety bonds worth Rs 0.5 million each in two cases till April 15.
Published April 1, 2021 Updated April 1, 2021 08:13pm
By

ISLAMABAD: The Islamabad High Court (IHC) Thursday granted interim bail to B4U Company's Chief Executive Officer (CEO) Saifur Rehman in fraud cases and sought comments from National Accountability Bureau (NAB).

The court accepted the bail against surety bonds worth Rs 0.5 million each in two cases till April 15.

A division bench headed by Justice Aamer Farooq heard the pre-arrest bail case of Saifur Rehman.

The petitioner's lawyer said that NAB had violated the instructions of IHC in issuance of summon notices to him. He said that his client was summoned by NAB in one case and it also served notice in another case.

It may be mentioned here that Saifur Rehman had allegedly committed fraud with the public in the name of investment.

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