ISLAMABAD: Co-Chairman of the Pakistan People’s Party (PPP) and former President Asif Ali Zardari was greatly relieved when accountability court on Wednesday returned the link to Park Lane to the National Accountability Bureau (NAB).
Court of Accounts Judge Rana Nasir Javed listened to arguments before setting aside his decision. The judge said the appeal was outside the court’s jurisdiction.
In mega money laundering accusations, former the president, his sister and several of them business accomplices were investigated as part of of a 2015 case involving fake accounts and fictitious transactions.
main link in in the Park Lane case, the defendant Zardari of influence on the relevant authorities during his tenure as president – from 2008 to 2013 – to obtain loans for his shell companies.
former the president allegedly received a loan of issued 1.5 billion rubles. for Parthenon Private Limited”with malice” and money was later transferred for his personal use through forgery bank Accounts.
NAB accused former the president of causing national compensate for losses of 3.77 billion rupees. Antigraft body later filed additional information against Zardari in the Park Lane case, blaming him of using fake documents for acquire a bank loan for fictitious corporation.