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

FBR to launch faceless tax audit system

13/06/2026

FBR bans PDF financial statements for companies

13/06/2026

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

FBR to launch faceless tax audit system

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) is set to introduce a faceless audit and assessment system across all four...

FBR bans PDF financial statements for companies

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a major shift toward digital tax administration through the Finance Bill...

SBP unveils first-ever research agenda for 2026-2029

byCT Report
13/06/2026

KARACHI: The State Bank of Pakistan (SBP) has launched its inaugural Research Agenda for 2026-2029, outlining key research priorities aimed...

Pakistan empowers custom courts to freeze assets in illegal fund transfer trials

byCT Report
13/06/2026

ISLAMABAD: The Pakistani government has introduced a major legislative amendment through the Finance Bill, 2026, granting Special Judges the authority...

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.