ISLAMABAD: On Friday, the National Accountability Bureau (NAB) stated the reasons for its opposition to the interim bail granted to former PPP co-chairperson Asif Ali Zardari by the Islamabad High Court (IHC) in the fake accounts case.
The bureau, in its report presented to the court today, explained its opposition to bail, saying that the former president “may tamper records” if not taken into custody. Furthermore, it accused Zardari of not cooperating with the investigation team.
According to anti-grafy watchdog, Zardari fraudulently obtained Rs1.5 billion in loans for his Park Lane company through other firms.
The bureau has alleged that Zardari, in connivance with former prime minister and fellow party leader Syed Yousaf Raza Gillani, illegally obtained three luxurious bullet-proof cars, two BMWs and one Toyota Lexus from the Toshakhana (the state gift repository), which were gifted by the governments of UAE and Libya.
The IHC on Wednesday granted pre-arrest bail to Zardari and Talpur till 29th April.