Court Extends Faryal Talpur’s judicial remand till January 7th

Accountability Court  granted twenty days extension in judicial remand of Pakistan Peoples Party’s (PPP) Faryal Talpur in corruption cases.

According to details, the court granted extension in the money laundering through fake bank accounts case.

However, former president Asif Ali Zardari was granted exemption from his personal appearance in the hearing today.

His defense counsel submitted a plea on health grounds.

Other accused persons including Abdul Ghani Majeed were also presented in court.

The Islamabad High Court (IHC) granted bail to Asif Zardari on medical grounds in corruption cases.

National Accountability Bureau (NAB) filed references in Park Lane Estate Company and the money laundering through fake accounts.

Talpur sought bail from the same court while pleading court that she was a mother of a differently-abled child, therefore needed to take care of child.

Meanwhile, doctors are likely to continue Mr Zardari’s treatment for the next few days as he will continue to undergo tests.

Doctors will take a decision for performing his angioplasty after analyzing his medical reports.

He was shifted to the Ziauddin Hospital last evening and taken to Karachi from Islamabad in a Sindh Government’s LG-45 Aircraft.

Sindh Chief Minister Syed Murad Ali Shah himself traveled with the Pakistan Peoples Party (PPP) co-chairman in the aircraft.

Asif Zardari maintained he was suffering from a heart ailment and has had three stents placed in his body.

He said that he also suffers from diabetes which means that he has to constantly monitor his blood sugar levels.

The PPP co-chairperson’s medical reports were submitted along with the application to the IHC.

On Nov. 12, an accountability court in Islamabad had rejected Zardari’s application for transferring him to Karachi for his ongoing medical treatment.

On July 29, an accountability court issued copies of the Park Lane reference against former president.

It states that Asif Zardari had taken Rs 1.5 billion loan from National Bank of Pakistan (NBP) in the name of fake company Parthenon.

On July 1, NAB had arrested Zardari in the Park Lane case while he was already in custody in connection with the fake accounts case.

On June 26, Zardari withdrawn his bail applications in three cases saying he knew why he was suffering and “does not want to embarrass anyone”.

He withdrew his applications seeking bail in Park Lane, Tosha Khana luxury vehicles and bulletproof vehicles references filed against him by NAB.

On June 10, Asif Zardari surrendered himself to a team of NAB after IHC rejected his and his sister’s pre-arrest bail plea in money laundering case.

NAB arrested him in June after the cancellation of his pre-arrest bail by the Islamabad High Court in the fake bank accounts case.

At that time, NAB had stated that it was proved during the investigation of the case that PPP leader had done corruption.

The NAB further had stated the loans were taken by showing fake documents and those loans were then used for personal gains.

According to the reference, Rs1.5 billion were taken in 2009 and Rs800 million were withdrawn in 2012.

It had added that the NBP suffered loss of Rs3.77 billion due this fraud.

It had further mentioned that Zardari as the president had forged documents to comply with the loan policy and coaxed the NBP into loan approval.

He was 25% share holder in Park Lane Company and he also made a fake company Parthenon in the name of his employees.

Besides, a property was also bought in the IBC Center where the bureau has sealed eight floors.