Jahangir Tareen, son Ali get interim bail in sugar scandal case

Tareen says he has nothing to do with three FIRs filed against them

By: News Desk      Published: 10:49 AM, 3 Apr, 2021
sugar scandal
Jahangir Tareen says cases against them are fabricated.

A session court in Lahore on Saturday granted interim pre-arrest bail to Pakistan Tehreek-i-Insaf leader Jahangir Khan Tareen and son Ali Tareen in the multi-billion-rupee sugar scandal that also carries charges of money laundering and fraud, reported 24NewsHD TV channel.

Additional Sessions Judge Hamid Khan barring the law-enforcers from arrest the Tareens until April 10, sought a report from the Federal Investigation Agency (FIA).

Both Jahangir Tareen and son Ali Tareen appeared before the court for bail.

On March 31, the Federal Investigation Agency (FIA) filed two FIRs against Jahangir Tareen and two other family members in the sugar scandal and money laundering charges.

Over three billion rupees money laundering made by showing investment in a closed factory, according to the FIR. The investigation agency has also charged Tareen and others for illegally hoarding of sugar, misappropriation, and cheating in the FIR.

Talking to the newsmen, Jahangir Tareen said he has nothing to do with the three FIRs. “The charges levelled against me and my son Ali are fabricated,” he added.

He said the things and decisions which the company had made 10 years ago are being challenged now. “It’s not FIA’s work, it’s the job of SECP and FBR to probe. The FIA started the probe by deliberately adding the word ‘money laundering' in the case. We still appeared in court,” he elaborated.

Tareen maintained that it was not his habit to ignore things. “There is FIR against me and we will prove in the court that it is fabricated,” he added.

Banking crime court

Jahangir Tareen and son Ali Tareen also appeared in the Banking Crime Court in connection with a fake bank account case.

After hearing the argument of Tareen’s lawyer Barrister Safdar Salman the court granted interim bail to Jahangir Tareen and his son until April 7.

The court also ordered the father-son duo to submit Rs500,000 surety bond each.

Reporter Shaheen Attiq