Former president Asif Ali Zardari has also been arrested in Park Lane Estate Company case by National Accountability Bureau (NAB). Sources said that NAB arrested the former president on Monday in connection with Park Lane case. Zardari was already under the NAB's custody in the fake bank account case. The NAB will produce Zardari before an accountability court for obtaining his remand in the Park Lane case.
Chairman Pakistan People Party (PPP) Bilawal Bhutto Zardari is also a suspect in the same case. Park Lane Estate Company, a Karachi-based firm, was allegedly acquired by Zardari in 1989. In 2009, Zardari and Bilawal became shareholders of the company, said the NAB officials. They said that Bureau had started an inquiry against Park Lane Estate Company (Pvt) Ltd and officers of Capital Development Authority (CDA) on allegations of illegal transfer of land.
There are allegations against Zardari for purchasing huge prime land in Islamabad through Park Lane Estate Company, they said, adding that billions of rupees were purportedly transferred to the company's accounts through fake bank accounts and the company acquired loans worth billions of rupees from banks. The NAB on April 24 last apprehended Muhammad Hanif, an accountant of Park Lane Estate Company Private Limited, in the fake bank accounts case. Hanif had handled all the financial matters of Park Lane Estate Company Private Limited and Parthenon (Pvt) Limited.
Comments
Comments are closed.