AC registrar objects to supple reference filed in Park Lane case

By: News Desk      Published: 12:42 PM, 19 Aug, 2020
AC registrar objects to supple reference filed in Park Lane case

A registrar of an accountability court in Islamabad on Wednesday objected to a supplementary reference filed by NAB in connection with Park Lane case, reported 24NewsHD TV channel.

The registrar office directed the NAB officials to correct the supplementary reference and filed in again.

According to the TV channel, the registrar office objected to the arrangement of the reference.

On Tuesday, the NAB had filed the supplementary reference against former president Asif Ali Zardari and 19 other suspects in Park Lane case.

In its reference, the anti-corruption watchdog has alleged that the former president got a loan of Rs1.5 billion released for another of his front company and the money was later transferred for his personal use through fake bank accounts.

According to NAB, the Security and Exchange Commission of Pakistan (SECP) officials helped the PPP co-chairman in Park Lane agreements and obtained forged documents.

The anti-graft watchdog stated that the loan was obtained on forged documents and later the company- Park Lane Estate Pvt Ltd refused to pay back a Rs5 million loan that eventually became Rs37.7 million due to interest.