IHC extends Qaim Ali Shah’s bail till May 8

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ISLAMABAD: The Islamabad High Court (IHC) on Tuesday extended the interim bail of former Sindh chief minister Qaim Ali Shah in the fake accounts case till May 8.

A two-member bench comprising Justice Aamir Farooq and Justice Mohsin Akhtar Kiani heard the plea.

The NAB prosecutor told the court that Shah’s arrest warrants have not been issued yet, however, the investigation against him was underway.

The court on the plea of Shah’s lawyer Farooq H. Naek extended the bail of the Pakistan People’s Party (PPP) leader till May 8 and deferred the hearing.

Earlier, Shah was granted bail by the IHC against surety bonds of Rs1 million each in the cases and directed him to cooperate with the NAB investigation team.

The former chief minister is named in a report by the joint investigation team tasked to probe the fake accounts case involving PPP Co-Chairman Asif Ali Zaradi and others. Shah was among 172 people named in the report whose names were to be placed on the no-fly list.

Asif Ali Zardari, his sister Faryal Talpur and other accused, including PPP leaders and several businessmen, are facing an inquiry into the money laundering scam involving over Rs35 billion money laundered through fake bank accounts.