Park Lane Reference: Asif Ali Zardari indictment postponed

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ISLAMABAD, July 06 (Online): Accountability Court (AC)  has postponed the indictment of former President Asif Ali Zardari in Park Lane Reference and adjourned the hearing of the case till July 14.

Judge Azam Khan of AC took up the case for hearing Monday.

Farooq H Naik counsel for Asif Ali Zardari filed petition in the court for not indicting  his client.

Judge Azam Khan remarked “ you should have filed this petition earlier. Now video link arrangements have been made in connection with indictment.

Farooq H Naik said one has to  study and take out things in this regard. As per law it was binding on  governor State Bank to issue notice. .Law is clear  in respect of a company which has been declared default deliberately.

Deputy Prosecutor  General NAB Sardar Muzaffar Abbasi prayed the court to issue notice NAB on this petition.  We will give arguments over it within half an hour  today.

Judge Azam Khan remarked one year has been elapsed after the filing of this reference.

Farooq H Naik said why  the prosecutor is showing so much haste in this reference.  There are several cases other than this.  We should be given proper time. I am not seeking one month stay. This case may please  be fixed for hearing on next Tuesday.  I have to carry out research.

NAB Prosecutor said it becomes  incumbent to indict the accused  within  seven days after providing the  reference copies.

Judge Azam Khan directed Farooq H Naik to appear on July 09.

Naik said there is a case in Supreme Court Karachi registry on that day.

The  court adjourned the hearing of Park Lane case till July 14.

NAB will file reply on miscellaneous petition of Asif Ali Zardari.

It is pertinent to mention here in Park Lane reference , Asif Ali Zardari is charged with causing loss to national kitty to the tune  of Rs 3.77 billion through fake bank accounts. PPP Senator Usman Saifullah, Anwar Saifullah, Salim Saifullah and others are also named in this reference.

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