The National Accountability Bureau NAB court has indicted former president Asif Ali Zardari and Faryal Talpur and other accused in Park Lane, Mega Money Laundering, and Thatta Water Supply References.
According to the details, Accountability Court Judge Muhammad Azam Khan heard the references. Former president and Faryal Talpur pleaded not guilty before the court.
The accountability court had dismissed all three petitions by former president Asif Ali Zardari against NAB references.
The court had said that former president Asif Ali Zardari could not be acquitted in NAB references. The court had also ordered to charge Asif Zardari in all the three corruption references.
Nadeem Bhutto, in-charge of Naudero House, was arrested in Thatta Water Supply Reference. Asif Zardari was named as the accused after the interrogation of the case.
The reference states that illegal contracts for Thatta Water Supply were awarded.
As a result of the contracts, the money kept coming into Nadeem Bhutto’s accounts through fake accounts and Nadeem Bhutto continued to manage Naudero House with this money.
In the Park Lane Company reference, a total of 13 accused, including Asif Zardari are indicted. In the Park Lane reference, Asif Ali Zardari is accused of causing a loss of Rs 3.77 billion to the national exchequer through fake bank accounts. Other accused in the reference include PPP senators Usman Saifullah, Anwar Saifullah, and Saleem Saifullah.
Asif Zardari is also accused of buying 2,460 kanals of land in Islamabad through the Park Lane Company, while chairman Pakistan Peoples Party Bilawal Bhutto Zardari is also named in the case.
The NAB is of the view that Asif Ali Zardari took a loan from the National Bank for his fake company. Various witnesses, including former National Bank presidents, have recorded their statements in the case.
In December 2019, former president Asif Ali Zardari was released on medical grounds after an accountability court in Islamabad issued separate robkars [mandamuses] in the money laundering through fake bank accounts cases against him.
NAB is conducting investigations in pursuance of the Supreme Court’s verdict in the money laundering of billions through fake accounts case wherein it forwarded the joint investigation team (JIT) report with directions to investigate and file references.