Jahangir Tareen, son Ali get interim bail in sugar scandal case
Tareen says he has nothing to do with three FIRs filed against them
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).
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.
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
The court also ordered the father-son duo to submit Rs500,000 surety bond each.
Reporter Shaheen Attiq