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Nadia Hussain granted bail in rupees 530 Million bank fraud case

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Nadia Hussain granted bail in rupees 530 Million bank fraud case
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KARACHI: A Karachi South Additional District and Sessions Judge has confirmed the interim bail of renowned actress Nadia Hussain in a bank fraud case amounting to Rupees 530 million. This decision comes as two co-accused in the same case had their interim bail revoked and subsequently fled the courtroom.

During the hearing of interim bail applications for three accused, Nadia Hussain’s bail was confirmed. However, the applications for co-accused Imtiaz Channa and Faisal Mehmood were rejected, leading to their reported abscondence from the court premises.

The central figure in this case is Nadia Hussain’s husband, Atif Mohammad Khan, the former CEO of a private bank, whose bail had already been rejected earlier. Hussain herself has previously alleged that an FIA officer attempted to solicit a bribe from her in connection with the case.

The fraud case itself revolves around the alleged embezzlement of Rupees 540 million from the bank’s securities. Atif Mohammad Khan was arrested by the FIA Corporate Crime Circle Karachi on March 8, 2025, accused of misusing his CEO position for large-scale financial deception. Nadia Hussain has been named as a co-accused in the ongoing investigation into these significant financial irregularities.

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