Court charges Moonis, four others in NICL scam

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A special banking court on Saturday charged four accused, including PML-Q leader Moonis Elahi and his manager Muhammad Malik in the National Insurance Corporation Limited (NICL) scam case.

The court has summoned prosecution witnesses on June 16 after Moonis pleaded not guilty. Earlier, FIA officials presented Moonis before Banking Offence (Central) Special Judge Malik Abdul Rashid amid strict security arrangements.

Moonis’s counsel arguing on a civil miscellaneous application requested the court to provide copies of witnesses’ statements wherein they had retracted from their earlier statements before Judicial Magistrate Irfan Basra, saying they had coerced into signing them. However, the court rejected the plea saying that the statements had been sealed.