Pakistan Tehreek-e-Insaf (PTI) leader, Aleem Khan has successfully secured a bail by the Lahore High Court (LHC) in connection with assets beyond means case.
The PTI leader was arrested on 6 February 2019 in a trial referring to owning assets beyond his known sources of income and offshore companies. NAB was told to present evidence, in the form of witness statements, proving the allegations against Khan.
After his arrest, the senior PTI minister had submitted his resignation to Chief Minister Punjab, Usman Buzdar, saying it was not “morally right” for him to stay in office.
The bureau’s prosecutor claimed that the PTI leader concealed his assets, and is accused of making illegal assets worth Rs.800 million.
NAB further alleges that Khan had set up multiple offshore companies in the United Arab Emirates (UAE) and Britain in 2005 and 2006, using them to purchase assets that cannot be explained by his means.
Announcing the verdict, the two-member bench, headed by Justice Ali Baqir Najafi along with Justice Sardar Ahmed Naeem, accepted the request for bail and ordered the former provincial minister to furnish two surety bonds worth Rs.1 million each.