Pakistan

PTI President Parvez Elahi gets post-arrest bail in money laundering case

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Web Desk

After being rearrested multiple times as his release was ordered by relevant courts, Pakistan Tehreek-e-Insaf (PTI) President Parvez Elahi on Saturday once again secured post-arrest bail from Lahore’s special central court in a money laundering case.

Elahi was initially arrested on June 1 from outside his Gujranwala residence in a Rs70 million graft case related to the embezzlement of development funds allocated for the Gujrat district.

After a district court in Lahore ordered his release, the PTI president was arrested again in a corruption case registered against him in Gujranwala by Punjab ACE.

He was then presented before a court in Gujranwala on June 2, which later discharged him in the two corruption cases registered in the district’s anti-corruption police station for allegedly taking kickbacks in the development funds allocated for the construction of roads in Gujrat.

However, he was re-arrested by anti-corruption personnel minutes later, in a case registered against him for the alleged illegal recruitment in the Punjab Assembly when he was the speaker.

On June 20, an anti-corruption court in Lahore granted post-arrest bail to the PTI leader in the illegal appointments case. He, however, was sent back to the prison in the money laundering case.

Read more: SC clubs ECP’s election case, petitions challenging judgment review law

Meanwhile, his counsel moved the court seeking his post-arrest bail. During the course of proceedings, the court accepted his bail plea against the submission of surety bonds worth Rs10,000.

As per the details, a new case was registered against the former Punjab chief minister and his son Moonis Elahi on charges of money laundering within hours of his release orders on June 20.

The case against both the duo — father and son — was registered under the provisions of fraud, money laundering and corruption. The FIR accused Moonis of corruption from 2004 to 2023 through his alleged frontman Gibran Khan.

It said that Elahi and his son reportedly invested funds worth billions of rupees in five Panama companies.

Web Desk

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