ISLAMABAD: An accountability court on Tuesday reserved its judgement on a petition filed by Pakistan People’s Party (PPP) leader Faryal Talpur seeking unfreezing of her bank accounts by State Bank of Pakistan (SBP) on recommendation of the National Accountability Bureau (NAB). Authorities froze Talpur’s bank accounts in the fake bank accounts case that involves alleged money laundering of billions through 29 accounts, which were found opened in three banks — Summit Bank, Sindh Bank and United Bank Ltd. However, Talpur’s counsel, Farooq H Naek, maintained that the bureau had admitted to freezing the accounts before the inquiry was finalised. “Freezing accounts before an inquiry violates the law.”Naek further pointed out that the bank account was of personal use and not ‘benami’. He said the counsel was not seeking to unfreeze Zardari Group’s bank accounts and added that those accounts were not even frozen.

Source: Pakistan Today March 10, 2020 06:45 UTC