Pervaiz Rashid declared PO

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A banking court in Lahore has initiated the proceedings to declare Senator Pervaiz Rasheed and others proclaimed offenders (POs) in a willful default case of Rs 20 million. The judge ordered to affix the proclamation notices on conspicuous places in Lahore and Rawalpindi/Islamabad at houses and homestead of all the accused and to issue notices, through print and electronic media, for October 22, directing the accused to appear in court.
Zarai Tarqiati Bank Limited (ZTBL) had filed an application against Senator Pervaiz Rasheed, Pir Shoukat Hussain Shah, Abida Khanum, Shabnum Arshad, Tahmina Tariq, Shehla Rohail and Humaira Talib in Banking Court-IV in Lahore submitting that defendants in 1987 got a loan of Rs 7.5 million from the ZTBL and did not return willfully. With the addition of mark-up, the loan has reached to Rs 20.4 million. Earlier, the court issued several notices to the accused but they did not turn up so the court finally initiated the proceedings to declare them PO.
Senator Pervaiz Rasheed, while talking to Pakistan Today, said that he had resigned fifteen year ago from the company who got the loan. He had a minor share in the said company. Few shareholders who got loan had passed away and the remaining shareholders were trying to settle down the matter with the bank. He said that though he had resigned from the company even then he will follow the court orders.
FIA ASSISTANT DIRECTOR’S BAIL DISMISSED: Additional District and Sessions Judge Choudhary Aurangzeb on Wednesday dismissed the bail petition of Federal Investigation Agency (FIA) Assistant Director Hamadur Rehman allegedly involved in spreading rumor of plantation of bomb in FIA office. The dismissed the petition on the ground that sufficient material was available to connect the petitioner with the commission of offence.
The judge said that the petitioner had also failed to establish any malice on the part of the complainant or the local police to falsely involve him in the case. The petitioner counsels the contended that their client had been falsely implicated in the case to humiliate and cause loss to his reputation. There was no material available on record to connect the petitioner with the commission of an offence as mentioned in the FIR, they said, adding that the petitioner being the in-charge of security of FIA Zonal Office received a bomb threat and he took all necessary measures for preventing the government property and human lives.
The prosecutor contended that the petitioner informed Zafar Qureshi regarding bomb threat on August 12 while the telephone call was received on August 13, which clearly showed malafide intention and ulterior motives of the petitioner to restrain FIA Additional Director General Zafar Qureshi from performing his duty.