AIRLINK 71.24 Increased By ▲ 2.04 (2.95%)
BOP 5.01 Increased By ▲ 0.11 (2.24%)
CNERGY 4.33 Increased By ▲ 0.07 (1.64%)
DFML 31.70 Increased By ▲ 0.45 (1.44%)
DGKC 80.78 Increased By ▲ 3.53 (4.57%)
FCCL 21.15 Increased By ▲ 1.15 (5.75%)
FFBL 35.20 Increased By ▲ 0.20 (0.57%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.79 Decreased By ▼ -0.01 (-0.1%)
HBL 112.20 Decreased By ▼ -0.56 (-0.5%)
HUBC 135.10 Increased By ▲ 2.06 (1.55%)
HUMNL 7.03 Increased By ▲ 0.08 (1.15%)
KEL 4.34 Increased By ▲ 0.11 (2.6%)
KOSM 4.40 Increased By ▲ 0.15 (3.53%)
MLCF 37.55 Increased By ▲ 0.95 (2.6%)
OGDC 136.56 Increased By ▲ 3.69 (2.78%)
PAEL 23.63 Increased By ▲ 0.99 (4.37%)
PIAA 24.45 Increased By ▲ 0.25 (1.03%)
PIBTL 6.65 Increased By ▲ 0.19 (2.94%)
PPL 121.30 Increased By ▲ 5.00 (4.3%)
PRL 26.85 Increased By ▲ 0.95 (3.67%)
PTC 13.33 Increased By ▲ 0.25 (1.91%)
SEARL 52.50 Increased By ▲ 0.50 (0.96%)
SNGP 70.48 Increased By ▲ 2.88 (4.26%)
SSGC 10.50 Decreased By ▼ -0.04 (-0.38%)
TELE 8.40 Increased By ▲ 0.12 (1.45%)
TPLP 11.07 Increased By ▲ 0.27 (2.5%)
TRG 59.99 Increased By ▲ 0.70 (1.18%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,515 Increased By 106.1 (1.43%)
BR30 24,599 Increased By 562.4 (2.34%)
KSE100 71,737 Increased By 1069.7 (1.51%)
KSE30 23,514 Increased By 289.7 (1.25%)

ISLAMABAD: The Accountability Court hearing fake bank accounts cases, on Monday, again, deferred framing of charges against the former president Sindh Bank and 19 other suspects in a reference pertaining to loss of Rs 25 billion to the Sindh Bank through mega money laundering, after the accused counsel filed acquittal pleas under the National Accountability (Second Amendment) Ordinance, 2021.

The Accountability Court-II Judge, Muhammad Azam Khan, while hearing the case, deferred indictment of former Sindh Bank president Bilal Sheikh, former president Asif Ali Zardari’s close aide Aftab Memon, and Omni Group head Abdul Ghani Majeed and other suspects till December 8.

During the hearing, the defence counsel filed separate acquittal applications under the National Accountability (Second Amendment) Ordinance, 2021.

The defence counsel adopted the stance that after promulgation of the National Accountability (Second Amendment) Ordinance, 2021, the same does not fall under the jurisdiction of the NAB.

The defence counsel requested the court to defer the indictment of the accused till a final decision of the acquittal applications filed by the accused.

The court directed the National Accountability Bureau (NAB) to submit death certificate verified from the National Database and Registration Authority (Nadra) of a co-accused, who had passed away, during the next hearing.

The court approved the defence counsel’s request and deferred the indictment till December 8.

Copyright Business Recorder, 2021

Comments

Comments are closed.