ISLAMABAD: The Islamabad High Court (IHC) on Tuesday granted bail to the former chairman of Evacuee Trust Property Board (ETPB) Asif Hashmi in financial irregularities’ case. Asif Hashmi, who was facing charges of misusing his authority for recruitments and misappropriation of funds during the last Pakistan People’s Party (PPP) regime, sought post-arrest bail in his petition. The counsel said that the former ETPB chairman was facing allegations of financial irregularities. After the conclusion of arguments from both sides, the high court approved post-arrest bail and asked Hashmi for submission of Rs0.5 million surety bond. Asif Hashmi had served as chairman of Evacuee Trust Property Board (ETPB) between 2007 and 2013.

Source: Pakistan Today April 09, 2019 18:01 UTC