Zardari, Talpur get bail for fifth time in money laundering case

A banking court extended on Monday the interim pre-arrest bail of former President Asif Ali Zardari and his sister Faryal Talpur in the money-laundering of Rs35 billion through fake accounts case.

As the bail given to the siblings ends today, the two appeared before the banking court. During the hearing, the Federal Investigation Agency requested the court for time to submit a final charge sheet (challan) in the case of fake accounts.

The banking court said that it could not take any further action in the case as the Supreme Court (SC) had directed them not to take any action, local media reported. The court then extended the bail of Zardari and Talpur for the fifth time and adjourned the case proceedings till January 23.

On December 21, the banking court had resumed the hearing where it was informed that the Joint Investigation Team probing into the money laundering through fake accounts case had submitted its report to the SC. The court had then adjourned the hearing till today as well as extending the siblings interim bail.