ISLAMABAD (News10) – Islamabad High Court (IHC) is all set to announce verdict reserved on Pakistan People’s Party (PPP) co-chairman Asif Ali Zardari’s plea seeking acquittal in mega money laundering, Park Lane and Thatta water supply references today (Wednesday).
According to details, the court will also decide on the PPP leader’s petition for dismissal of supplementary references in today’s hearing.
Earlier, IHC had reserved verdict on Asif Ali Zardari’s plea seeking acquittal in mega money laundering, Park Lane and Harish and Company references.
During the hearing headed by judge Azam Khan, National Accountability Bureau (NAB) had requested to dispose of Zardari’s acquittal petition and continue case proceedings against him.
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.
The charges in the latest case centre around allegations Zardari laundered vast sums of money through suspect bank accounts and companies.
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.
Zardari has repeatedly dismissed allegations he had a hand in the scheme. Never popular and always shrouded in controversy, Zardari — who was once jailed for 11 years for corruption — stepped down from the president s office in 2013. But he has continued to serve as co-chairman of the opposition PPP.