Hike funding

Court grants Imran bail until October 31 in prohibited financing case – Pakistan

A special court in Islamabad on Monday granted former Prime Minister and President of Pakistan Tehreek-e-Insaf (PTI) Imran Khan interim bail until October 31 in the banned finance case, Aaj News reported.

Special Judge Raja Asif Mehmood ordered Imran to post bail of 100,000 rupees.

In his petition, Imran pleaded with the court to bar the Federal Investigation Agency (FIA) from arresting him in the case.

The FIA ​​had filed a complaint against 11 people including Imran in the foreign funding case. The request was filed by the FIA ​​Corporate Banking Circle.

The suspects allegedly violated foreign exchange law.

The FIR read that PTI had an account at a private bank and the bank manager was also included in the case. The FIR mentions that the bank account was created in the name of “Naya Pakistan”.

IHC grants protection bond to Imran Khan in prohibited financing case

The complaint also named Sardar Azhar Tariq Khan, Saifullah Khan Nyazee, Syed Yunus Ali Raza, Aamer Mehmood Kiani, Tariq Rahim Sheikh, Tariq Shafi, Faisal Maqbool Shaikh, Hamid Zaman and Manzoor Ahmad Chaudhary as beneficiaries of the PTI account in question.

Meanwhile, Islamabad High Court (IHC) last week granted bail to the President of PTI in the same case till October 17 against bonds of Rs 5,000.

The verdict of the ECP

Last month, the Election Commission of Pakistan (ECP) issued its verdict in the prohibited funding case, saying that the PTI had indeed received prohibited funding.

A three-member bench led by Chief Election Commissioner Sikandar Sultan Raja announced the judgment. In its verdict, the ECP said that PTI had indeed received prohibited funding and had hidden 13 bank accounts.

“Data obtained from SBP reveals that the 13 accounts disavowed by PTI were opened and managed by senior management and management of PTI at the central and provincial levels.

“In this regard, it is further added that the PTI failed to mention and disclose three accounts which were also managed by the senior leadership of the party,” the verdict reads.