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IHC accepts protective bail of Asif Ali Zardari in money laundering case

Islamabad High Court (IHC) on Saturday has approved protective bail of Pakistan Peoples Party (PPP) co-chairman Asif Ali Zardari in money laundering case.
According to details, former president of Pakistan appeared before the court of Justice Gull Hassan Aurangzeb.
Earlier, banking court had extended interim bail of PPP leader Faryal Talpur till September 4 in money laundering case.
A session court in Karachi had declared Asif Ali Zardari and his sister Faryal Talpur absconders in the case while Omni Group Chairman Anwar Majeed along with his son Abdul Ghani were arrested from Supreme Court (SC).
Asif Ali Zardari, Faryal Talpur and their associates are accused of sending Rs35 billion abroad through fake accounts after which, their names were placed on Exit Control List (ECL).
Hussain Lawai, chairman of Pakistan Stock Exchange, and his associates are accused of opening 29 fake accounts in the Summit Bank and United Bank of Pakistan Limited.
FIA had prepared a report, revealing that more than 10 political personalities were allegedly involved in fictitious transactions worth Rs35 billion.