- The bail was approved against a surety bond of Rs1 million submitted in the court.
- Judge Aslam Gondal of the Banking Court pronounced a reserved verdict.
- PTI leader Hamid Zaman was arrested on October 7.
LAHORE: Banking Court Lahore on Saturday approved the bail application of Pakistan Tehreek e Insaf(PTI) leader Hamid Zaman arrested in the PTI funding case.
The bail was approved against a surety bond of Rs1 million submitted in the court.
The court reserved its decision after hearing the detailed arguments of both parties.
Judge Aslam Gondal of the Banking Court pronounced a reserved verdict.
Hamid Zaman was arrested on October 7.
PTI leader Hamid Zaman remained in the custody of FIA on physical remand for two days.
On October 10, the magistrate rejected the request for further physical remand and sent Hamid Zaman to jail on judicial remand.
The Federal Investigation Agency (FIA) took PTI founding member Senator Saifullah Nyazee and Hamid Zaman into custody in the PTI funding case.
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Earlier, Federal Investigation Agency (FIA) filed a case against 11 people including Pakistan Tehreek e Insaf (PTI) Chairman Imran Khan in foreign funding case.
he foreign funding case was filed by FIA’s Corporate Banking Circle. The suspects are alleged of violating the Foreign Exchange Act. They are beneficiaries of a private bank account.
Sardar Azhar Tariq, Saifullah Niazi, Syed Younas, Aamir Mehmood Kiani, Tariq Sheikh and Tariq Shafi are among the suspects.
The FIR read that the PTI had an account in the private bank. Manager of the bank has also been included in the case. The FIR mentioned that the bank account was created in the name of ‘Naya Pakistan’.
