The Islamabad High Court on Wednesday granted bail to Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan in the £190 million National Crime Agency (NCA) settlement reference.

A two-member bench, comprising IHC Chief Justice Aamer Farooq, Justice Tariq Mehmood Jahangiri, had reserved the verdict on the bail petition a day earlier.

The IHC, its short order today, ordered the authorities to release the PTI founder against the surety bond of Rs1 million.

The court announced the short verdict in an open court verbally.

The court announced the short verdict in an open court verbally, however, the detailed order will be issued later.

Khan, the deposed premier who was ousted from power via opposition's no-confidence motion in April 2022, has been facing slew of charges ranging from corruption to terrorism since his removal as the premier.

He has been behind bars since August last year after he was sentenced in Toshakhana case and subsequently convicted in other cases as well including cipher and illegal marriage cases.

Due to his conviction his other cases, the former premier will remain behind bars despite securing relief in the £190 million reference.