Asif Zardari gets relief in 2-decade old cases on merit

NAB FOUND NO EVIDENCE AGAINST PPP CO-CHAIRMAN

Latest Oct, 21 2022
Asif Zardari gets relief in 2-decade old cases on merit
  • 212
  • 0

ISLAMABAD: Islamabad High Court (IHC) rejected NAB’s appeals against acquittal of Pakistan Peoples’ Party co-Chairman Asif Ali Zardari in four references. As court proceedings began, IHC Chief Justice, Athar Minallah remarked NAB has no case which is on merit. “This court has reminded you a number of times that your appeals are not on merit,” he added.

NAB proceeded expressed his agreement with CJ’s observation, saying, “Yes, this appeal of ours is not on merit. That’s why relevant authority has approved its withdrawal and now we have requested this court to let us take it back.” IHC CJ then inquired did NAB conduct any inquiry about where had case record gone? NAB prosecutor responded that Bureau had ordered an inquiry into issue. In a major development in 25-year-old cases against Asif Zardari, NAB had decided to take back appeals against acquittal of former President.

NAB in its application prayed to court that further prosecution of appeals will be a useless exercise. Available documentary evidence was not in accordance with legal evidence, it added. To make their latest move further formidable, NAB further prayed that they hardly had on record even photocopies of documents against Asif Zardari. Asif Zardari had been acquitted in four reference namely Ursus Tractors, ARY Gold, Polo Ground and SSG Cotecna. NAB had challenged PPP co-Chairperson’s acquittal in 2015.

Published in The Daily National Courier, October, 21 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

Our Correspondent
Our Correspondent https://www.dailynationalcourier.com/author/our-correspondent
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

Late buying helps KSE 100 index cut losses

KARACHI: The Pakistan Stock Exchange (PSX) experienced another turbulent session on Tuesday, with the KSE-100 Index seeing significant fluctuations before closing down by 202 points. The market started on a positive note, reaching an intra-day high o...

Gold price per tola gains Rs1,000

KARACHI: Gold prices in Pakistan saw an increase on Tuesday, following a rise in international rates. In the local market, the price of gold per tola rose by Rs1,000, reaching Rs276,000. Similarly, the price of 10-gram gold increased by Rs857, settl...

NEPRA cuts electricity tariffs

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has announced a reduction in electricity prices under the monthly Fuel Price Adjustment (FCA), providing relief to consumers. For consumers of government-owned Distribution Companie...

Govt to abolish 150,000 vacant posts, says Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, announced on Tuesday that the government will abolish 150,000 vacant positions across various government departments as part of a comprehensive strategy to reduce federa...

More like this
Related

ECC bans export of sugar

Islamabad: Economic Coordination Committee (ECC) of Cabinet has imposed ban on export of sugar. According to Ministry of Finance officials, this decision aims to curb escalating sugar prices domestically. Chaired by caretaker Finance Minister Dr. Sha...

PPP CEC decides to advocate general elections in 90 days

KARACHI: Pakistan Peoples’ Party Central Executive Committee decided to advocate organisation of general elections in 90 days.Bilawal Bhutto Zardari chaired session of PPP CEC to make key decisions including general elections and consultations...

PTI reiterates call for election within 90 days

ISLAMABAD: Pakistan Tehreek-e-Insaf has urged electoral watchdog to drop process and conduct polls with 90 days. Both parties made their position clear when ECP officials met them as part of its consultations with major political parties on election...

Bilawal, UN Secy Gen discuss revival of Black Sea Grain Initiative

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari held telephone conversation with United Nations Secretary General Antonio Guterres and shared Pakistan’s perspective on stalling of Black Sea Grain Initiative (BSGI) and its implications for fo...
Need Help? Chat with us