Moonis gets interim bail in NICL case


LAHORE – The Lahore High Court on Thursday granted interim bail to PML-Q leader Moonis Elahi in the National Insurance Corporation Limited (NICL) case till March 17 against a surety bond of Rs 10 million and two personal sureties of the same amount.
However, the court expressed annoyance over Moonis Elahi’s statements which were made against the courts. The bench headed by Chief Justice Ijaz Ahmad Chaudhry and comprising Justice Ijaz ul Ahsan granted bail on a plea moved by Moonis Elahi through his counsel SM Zafar against the impugned orders of Judge Special Court Banking for his arrest in the NICL scam.
“You have seen now the court has given relief of bail to you. This court is really annoyed on how you and your men were ‘staging drama’ against the integrity of the court,” LHC CJ Ijaz Chaudhry remarked. Earlier, through his counsel, Moonis Elahi contended that a case was registered on October 12, 2010, under sections 409, 420 and 468 of PPC against Mohsin Habib Warriach by the Federal Investigation Agency on statement of then secretary commerce Zafar Mehmood relating to purchase of land by NICL at Mauza Toor Warriach and the NICL had paid the price to the selling party and the land comprising 803 kanals was returned to the seller.
He submitted that during investigation it was inspired that Rs 200 million had been transferred from the account of Mohsin Habib Warriach whereupon two cases were also registered against Muhammad Maalik, Manager Al-Tahur (PVT) LTD for his alleged involvement. Moonis alleged that Additional Director General (ADG) FIA Zafar Ahmed had an enmity with his family and had implicated him in a fake case and had managed to obtain his challan.