Khawaja Asif granted bail in money laundering case by the LHC

Author: Web Desk

LAHORE: The Lahore High Court has granted bail to PML-N leader Khawaja Asif in a case against him filed by the National Accountability Bureau which accuses him of money laundering and owning assets beyond known sources of income.

An LHC bench comprising Justice Alia Neelam and Justice Shahbaz Rizvi delivered the verdict on Wednesday.

Asif was arrested on December 29, 2020. He, in his bail plea, stated that he was arrested by NAB on December 29 in the assets beyond known sources of income case and on charges of money laundering.

He told the court that he has already submitted details sought by NAB and claimed that the anti-corruption watchdog has not shared any of the records turned in by him.

“The accountability court judge also observed that NAB has all relevant records,” Asif had said.

He had said that the Federal Board of Revenue and Election Commission of Pakistan also have records of the assets owned by him.

He was arrested after coming out of the residence of PML-N General Secretary Ahsan Iqbal where he attended a consultative meeting to decide whether or not the PML-N should contest the Senate election.

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