BR100 Increased By (0.49%)
BR30 Increased By (0.14%)
KSE100 Increased By (0.45%)
KSE30 Increased By (0.43%)
AGHA 7.76 Increased By ▲ 0.01 (0.13%)
BECO 5.19 No Change ▼ 0.00 (0%)
BML 57.42 Decreased By ▼ -1.24 (-2.11%)
BOP 34.15 Increased By ▲ 0.46 (1.37%)
CNERGY 10.46 Decreased By ▼ -0.15 (-1.41%)
CSIL 5.42 Increased By ▲ 0.12 (2.26%)
FCCL 54.82 Increased By ▲ 1.08 (2.01%)
FFL 16.71 Increased By ▲ 0.25 (1.52%)
FNEL 1.25 Increased By ▲ 0.03 (2.46%)
KEL 7.42 Increased By ▲ 0.14 (1.92%)
KOSM 5.76 Increased By ▲ 0.12 (2.13%)
LOTCHEM 29.50 Decreased By ▼ -0.15 (-0.51%)
MLCF 95.49 Decreased By ▼ -0.87 (-0.9%)
NBP 203.51 Decreased By ▼ -0.02 (-0.01%)
NCPL 57.96 Increased By ▲ 1.11 (1.95%)
NPL 68.89 Increased By ▲ 1.58 (2.35%)
OGDC 317.39 Decreased By ▼ -0.83 (-0.26%)
PACE 10.74 Increased By ▲ 0.11 (1.03%)
PAEL 42.81 Increased By ▲ 1.04 (2.49%)
PIBTL 16.84 Increased By ▲ 0.03 (0.18%)
PPL 220.99 Increased By ▲ 0.82 (0.37%)
PRL 50.73 Increased By ▲ 1.68 (3.43%)
PTC 70.69 Increased By ▲ 0.68 (0.97%)
SSGC 28.20 Decreased By ▼ -0.94 (-3.23%)
TBL 9.84 Increased By ▲ 0.07 (0.72%)
TELE 8.85 Increased By ▲ 0.03 (0.34%)
TPL 18.32 Increased By ▲ 1.15 (6.7%)
TPLP 12.90 Increased By ▲ 0.39 (3.12%)
TREET 22.79 Increased By ▲ 0.20 (0.89%)
TRG 59.92 Decreased By ▼ -0.30 (-0.5%)

LAHORE: Justice Asjad Javed Ghural of the Lahore High Court on Tuesday refused to sit in a division bench due to personal reason hearing post-arrest bail petition of former defence minister Khwaja Muhammad Asif.

The bench however, referred the bail petition in an inquiry of assets beyond and money laundering initiated against Khawaja Asif by the National Accountability Bureau (NAB) to the LHC chief justice for its fixation before any other appropriate bench.

Earlier, the counsel of Khawaja Asif contended in the petition that the NAB had not been able to produce any evidence, disproportionate to his known sources of income.

He said mere ownership of a property did not constitute an offence under the NAB law.

The counsel said that the petitioner had already provided the NAB with an explanation of various sources of income justifying the acquisition of the assets owned and possessed by him. The NAB alleged that Asif failed to explain the sources of his income and assets. The NAB had arrested Khawaja Asif from Islamabad on December 29 last and later shifted to Lahore.

Copyright Business Recorder, 2021

Comments

Comments are closed for this article.