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Jahangir Tareen, co-accused withdraw bail pleas in money laundering case

MM News Staff by MM News Staff
June 11, 2021
Reading Time: 2 mins read
Jahangir Tareen, co-accused withdraw bail pleas in money laundering case

Jahangir Tareen, co-accused withdraw bail pleas in money laundering case

LAHORE: Estranged Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Tareen and other co-accused today (Friday) withdrew bail plea for pre-arrest bails in the money laundering case.

According to details, Lahore High Court (LHC) heard the money laundering case involving Tareen, his son Ali Tareen among other accused. FIA deputy director told the court that there was no need to arrest Jahangir Tareen at the moment.

In this regard, the PTI leader’s counsel, Salman Safdar, said they were withdrawing the pleas on the basis of the FIA official’s statement. Moreover, he said the case doesn’t even come under the FIA’s ambit. “It is the Securities and Exchange Commission of Pakistan (SECP) that looks after matters pertaining to companies,” he added.

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The PTI leader’s counsel observed that the investigative agency took the role of a petitioner unto itself. He asked for the FIA to inform the accused 10 days prior to their arrests. Approving the request, the court wrapped up the matter of the pleas, directing the authorities to inform the accused seven days prior to arresting them.

Talking to journalists after court hearing, Jahangir Tareen said that he had appeared in more than 100 proceedings pertaining to the case. “I submitted all the details with the court and all transfers were made through banks. Now, after a hassle of 10 months, the FIA informs the court that there is no need to arrest me,” he remarked.

A day Earlier, it emerged that FIA had decided it would not arrest the PTI leader, his son, Pakistan Muslim League-Nawaz President Shehbaz Sharif and his son Hamza Shahbaz in connection with its investigation into the multi-billion rupees sugar scam.

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