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PTI chief Jahangir Tareen, son Ali Tareen’s bail prolonged until Could 19 in Lahore

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  • PTI chief Jahangir Tareen and his son Ali Tareen get bail extension from Lahore banking courtroom.
  • The extension has been granted until Could 19.
  • Instances are registered in opposition to the father-son duo as a part of the Federal Investigation Company’s investigation into Pakistan’s sugar disaster.

LAHORE: The bail of PTI chief Jahangir Tareen and his son Ali Tareen within the sugar scandal case has been prolonged until Could 19.

The case in opposition to Jahangir and Ali was heard at a banking courtroom in Lahore on Monday.

Jahangir’s lawyer stated that Abu Bakar Khuda Bakhsh has been made part of the investigation crew. “We should be given a chance to be a part of the investigation,” he stated.

Sugar rip-off inquiry: Why was Dr Rizwan eliminated as the top of the JIT?

Final week, the federal government modified the top of the Federal Investigation Company (FIA) led joint investigation crew (JIT) probing a sugar disaster within the nation.

The federal government changed FIA Lahore Director Dr Muhammad Rizwan with Further Director Abu Bakar Khuda Baksh as an inquiry officer.

Talking in regards to the FIRs registered in opposition to his purchasers, the lawyer stated the FIRs are in opposition to “the facts.” He stated there have been many errors associated to the financial figures on this case.

The lawyer stated it’s potential that FIA could dismiss the case after its investigation is full.

Learn extra: Not parting methods with PTI, says Jahangir Tareen

The Lahore banking courtroom adjourned the listening to until Could 19.

The daddy-son duo have been accused of cash laundering and fraud, with one of many case’s registered by the FIA amounting to alleged fraud of Rs3.14 billion.

An FIR states that Jahangir allegedly transferred unlawful shares value billions of rupees to Farooqi Pulp Mills Restricted, which is owned by his son and shut kinfolk.

It says the transfers, particularly after 2011-12, have been “patently fraudulent investments which ultimately translated into personal gains” for Jahangir’s household. Some Rs3 billion have been invested and laundered by way of the identical manufacturing unit.

Sugar disaster of 2020 and its investigation report

Final 12 months, PM Imran Khan had tasked the FIA to research the sugar disaster all through the nation and discover out who benefited from it.

A report by the FIA launched final 12 months had claimed that high PTI members have been amongst those that gained from the current sugar disaster within the nation.

Learn Sheikh Rasheed’s feedback about Jahangir Tareen’s relationship with the PTI

Among the many folks named within the FIA report have been Jahangir Tareen and a brother of the then Minister for Nationwide Meals Safety Khusro Bakhtiar.

Tareen was stated by the report back to have benefited probably the most from the sugar disaster adopted by Bakhtiar’s brother.

The report had additionally claimed that corporations belonging to Moonis Elahi — an ally of the occasion — profited from the sugar disaster. Elahi is Chaudhry Pervaiz Elahi’s son and a key member of the PML-Q.

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