KARACHI: A banking court on Tuesday extended the bail of Pakistan People’s Party (PPP) Co-chairman Asif Ali Zardari and his sister Faryal Talpur till March 11 in the mega money laundering case. Later, the court had ordered Zardari to submit his reply by December 31, however, during the previous hearing extended his and his sister s interim bail till January 7. On September 6, the SC had formed a JIT to probe into alleged mega money laundering of Rs42 billion channeled through fake bank accounts in three banks. Besides the Zardari family, several prominent individuals including former Summit Bank president Hussain Lawai and Omni Group president Anwar Majeed, have been accused in the case. Property tycoon Malik Riaz, his son-in-law Zain, Sindh Chief Minister Murad Ali Shah and PPP Chairman Bilawal Bhutto Zardari have been also included in the inquiry.

Source: Pakistan Today March 05, 2019 08:48 UTC