KARACHI: A local court in Karachi on Saturday issued non-bailable arrest warrants for UK-based Pakistani businessman Sarfraz Merchant again in fraud case.
Judicial Magistrate South heard fraud case against Merchant here on Saturday. The court issued non-bailable arrest warrants and directed police to produce him on May 29.
During the last hearing, the court had directed the police to present the details of the suspect’s movable and non-movable property along with blocking his National Identity Card (NIC).
A case was registered against Merchant in Darakhshan Police Station. Challan filed by the police writes Merchant a fugitive.
Complainant Asad Alim Niazi has alleged Merchant of threatening to file a bogus case receiving Rs 12 crore and snatching his car on March 12, 2014.
Merchant is also suspect in money laundering case against Muttahida Qaumi Movement (MQM) chief.