Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Karachi

SHC approves bail of suspect in money laundering case

byM.B. Rana
21/03/2019
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) granted protective bail to suspect namely Shar Muhammad Mughari, CEO of a construction company who is wanted to NAB in money laundering scam.

On March 20, 2019, a two-member bench, headed by Chief Justice Ahmed Ali M Shaikh heard his bail petition. The court directed the suspect to submit surety of Rs1,000,000 before the nazir of this court and appear before NAB investigation officer or NAB court within 10 days.

You might also like

Gold price jumps Rs5,700 per tola

22/08/2026

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

22/08/2026

Counsel for the applicant argued that petitioner is innocent and is willfully implicated in money laundering case, he is ready to face investigation, however, he has apprehension of arrest, therefore, court may grant his bail and restrain NAB officials to arrest him.

On the hand, a two-member bench directed NAB officials and petitioners to come prepare and submit their final arguments on different constitutional petitions filed by Omni Group Chairman Anwar Majeed, Hussain Lawai friend of Asif Ali Zardari and Taha Raza who were confined in jail in money laundering scam .

Counsel for Anwar Majeed stated in petition that in the garb of mega money laundering, petitioner is being threatened by the high officials of Federal Investigation Agency (FIA) however, petitioner is ready to cooperate with FIA officials but he is being physically tortured by the FIA officials, therefore court may restrain them from taking any coercive action.

Counsel for Hussain Lawai and Taha Raza argued that his clients are confined in jail and they have medical problems, therefore, court may please grant their bail on medical grounds and direct FIA officials not to harass them.

Citing DG FIA, minister of law and others as respondents, petitioner pleaded the court to restrain them from harassment and direct them to act strictly according with law.

Related Stories

Gold price jumps Rs5,700 per tola

byCT Report
22/08/2026

KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

byCT Report
22/08/2026

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal for virtual asset service providers. The move completes...

KP approves Digital Payment Act to promote cashless economy

byCT Report
22/08/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...

Aurangzeb, SRF delegation, discuss investment opportunities, economic cooperation

byCT Report
22/08/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with a high-level delegation of the Silk...

Next Post

PTCL promotes digital billing to save environment

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.