• News
  • World Media

Pakistani former president Asif Ali Zardari arrested in money laundering case

Pakistani former president Asif Ali Zardari arrested in money laundering case

Being the owner of Zardari Group, the former president received millions from fake accounts of A-One International and Umair Associated.

Local media channels said NAB arrested Zardari over its investigation into bank accounts and money laundering, with Zardari's sister, Faryal Talpur, also being investigated. However, Faryal Talpur is not arrested.

"So the NAB is moving very fast after the court announced that it would not renew the pre-arrest bail".

Pakistan's accountability bureau has accused former president Asif Ali Zardari of plotting to "misappropriate and launder" money through his associates to whiten what the bureau terms his "ill-gotten" money through fake accounts in Summit Bank. Earlier on Monday, the two attended the court hearing amid tight security where their bail extensions were denied.

NAB officials had requested the court for 14-day physical remand of the Pakistan Peoples Party (PPP) leader.

In recent weeks, the party had accused Prime Minister Imran Khan's government of intentionally targeting political opponents.




Mr Zardari is now a lawmaker in parliament.

The decision paves the way for the country's anti-graft body to arrest the two, perhaps within hours.

He spent time in jail in the 1990s and 2000s, and was nicknamed "Mr 10 per cent" for the commissions on government contracts he allegedly received.

Former prime minister Nawaz Sharif is also now behind bars, after being sentenced to seven years in prison late last year on corruption charges.

Zardari became president in 2008 after Pakistan's former military dictator Pervez Musharraf was forced to resign.

Zardari served as Pakistan's president for five years, until 2013.

Leave Your Comment

Leave Your Comment


Latest News

  • Mexico says migration reduction measures to be reviewed after 45 days

    Mexico says migration reduction measures to be reviewed after 45 days

    Mexico, however, had already meant to deploy the National Guard to the southern border and had made that clear to USA officials. Border Patrol apprehending more than 132,000 people in May, including a record 84,542 adults and children traveling together.
    Mnuchin says Trump could ease up on Huawei if trade talks advance

    Mnuchin says Trump could ease up on Huawei if trade talks advance

    Mnuchin said Trump and Chinese President Xi Jinping would meet at a June 28-29 G20 summit in Osaka. He, however, warned the United States would press on with tariffs if a deal could not be reached.
    Google suffers major cloud outage

    Google suffers major cloud outage

    Google has experienced a major cloud outage , which took down services for users worldwide for at least three hours. Some users were gifted with grayed out video recommendation graphics in addition to the menu tabs column.
  • Disgruntled Novak Djokovic exits French Open

    Disgruntled Novak Djokovic exits French Open

    Thiem spent nearly three hours on court Saturday after proceedings were paused with the 25-year-old ahead 3-1 in the third Friday. For whatever reason, Djokovic often felt compelled to try to shorten points often, hardly his usual strategy.
    Kawhi files lawsuit against Nike over 'Klaw' logo

    Kawhi files lawsuit against Nike over 'Klaw' logo

    The ultimate goal of the lawsuit is for Leonard to reclaim sole control over the logo so he can do with it as he pleases. According to ESPN's Tim Bontemps , the lawsuit states that Leonard designed the logo just after being drafted.
    Call of Duty: Modern Warfare release date and reveal trailer

    Call of Duty: Modern Warfare release date and reveal trailer

    Several worldwide special forces operators will be playable, and the iconic hero Captain Price will be making his return, as well. Call of Duty: Modern Warfare is the latest Infinity Ward release that hearkens back to the original 2007 release.
  • England take Nations League third place on penalties

    England take Nations League third place on penalties

    Portugal , though, made it to the final four of the first ever Nations League without their all-time record goalscorer. Ronaldo emerged as the hero, though, scoring in the 88th and 90th minutes to punch Portugal's final ticket.
    Third US tourist died at same hotel in Dominican Republic

    Third US tourist died at same hotel in Dominican Republic

    Prosecutors are investigating the circumstances of her death, the Dominican attorney general's office said Wednesday. They said that her husband had mentioned her past heart condition during an interview with Dominican authorities.
    Huawei Slows Down Production, Following Trade Ban

    Huawei Slows Down Production, Following Trade Ban

    Earlier this month, the Trump administration added Huawei to an "Entity List" that effectively stopped the telecommunications giant from doing business with US-based companies.
  • Durant leaves with Achilles injury in Game 5 win

    Durant leaves with Achilles injury in Game 5 win

    Raptors players were then seen trying to quiet the crowd down and prohibit the fans from taking pride in the star's injury. Myers choked back tears as he addressed media and confirmed Durant would undergo an MRI on Tuesday.
    Halo Infinite launches on Xbox One, PC and Xbox Scarlett Holiday 2020

    Halo Infinite launches on Xbox One, PC and Xbox Scarlett Holiday 2020

    If both consoles do end up being so similar, customers will be faced with choosing the platform that offers the best games . Microsoft is facing new competition in gaming as technology companies move in with Internet-based streaming services.
    Woods shoots 70 as Moore leads Memorial after round one

    Woods shoots 70 as Moore leads Memorial after round one

    Of course, Jack Nicklaus has won his own tournament twice, along with Hale Irwin, Greg Norman, and Tom Watson. Woods' finish improved his mediocre day as he birdied three of the last five holes to finish the round.
  • Google still can’t regulate app submissions on the Play Store

    Google still can’t regulate app submissions on the Play Store

    That said, Google is no stranger to scrapping projects or changing things around as it often does this with other services. And if you didn't have an itinerary in mind, the app could generate one for you.
    This is when we'll next see Meghan Markle

    This is when we'll next see Meghan Markle

    Meanwhile, Trump touted Meg's husband as a "terrific guy", who, as far as we're aware, is not nasty in the eyes of the president. They call it the "US State Visit" but at no point using words do they bother typing out the name "Trump".
    Australia's Zampa enjoys his latest spin-bowling rollercoaster at World Cup

    Australia's Zampa enjoys his latest spin-bowling rollercoaster at World Cup

    But you can just about bet it's going to keep coming, particularly when Australia play England towards the end of the tournament. Rashid Khan enjoyed a late flourish but Afghanistan were all out with more than 11 overs of their innings remaining.
  • US Stocks Surge After Dismal Nonfarm Payrolls Numbers Stock Rate-Cut Bets

    US Stocks Surge After Dismal Nonfarm Payrolls Numbers Stock Rate-Cut Bets

    Consumers have been cautious about spending, and companies are scaling back their investment in high-cost machinery and equipment. Harris also noted that "BLS [Bureau of Labor Statistics] conducted its survey before Trump started hurling threats at Mexico ".
    Trump's

    Trump's "Nasty" Remark For Meghan Markle Makes A Comeback In Interview

    Despite there existing a tape recording of the exchange, Trump denied replying: "I didn't know that". Prince Harry , for his part, skipped a lavish banquet at Buckingham Palace later in the day.
    China to probe FedEx after Huawei says parcels diverted

    China to probe FedEx after Huawei says parcels diverted

    On another front, President Donald Trump said he plans to impose a 5% USA tariff on all Mexican goods over illegal immigration. That said, it is unclear what will happen exactly when a company gets put on China's blacklist.

Breaking News



Recommended

Ferrari's Vettel turns fastest practice lap at Canadian Grand Prix

Hamilton won with the 50th Canadian Grand Prix having started from second behind Vettel and remained in that position. Sebastian Vettel earned his first pole since July of a year ago .

Djokovic blasts worst ever conditions after Paris exit

Thiem was ahead in fourth set too, but Djokovic came from behind and claimed the fourth set to push the match in fifth round. He beat Roger Federer on Friday in the other semifinal match, which was played before the start of Djokovic and Thiem's.

Brad Pitt threatens legal action over links to Straight Pride parade

Moreover, the permit was requested by the organizers during Pride month which somewhat serves to disrespect the LGBT+ community. They took offense that Evans used the old trope that people who are homophobic are closeted homosexuals.

Real Madrid capture Chelsea star Eden Hazard on a five-year deal

He has been a model professional throughout his time at the club, a wonderful individual to have around and a joy to work with. As a result, the club finished without a trophy last season. 'The memories he leaves us with will not fade.

Amazon’s New Delivery Drone Coming Soon

Amazon and other big tech companies are facing scrutiny from government agencies that are looking into their business practices. Previous Amazon drones have been approved for testing, but each new design requires a new certificate.

Pokemon Sword and Shield introduces the latest internet craze: Assistant Sonia

Gym Leaders will use the transformation on their strongest Pokemon , adding a challenging new hurdle to defeating them in battle. It's Sonia, granddaughter and assistant to Professor Magnolia, the latest in the line of tree-surnamed Pokemon professors.

Trump keeps up war of insults with mayor of London

The U.S. president and May were meeting British and American business leaders on the second day of Trump's state visit to Britain. The protest's tone was set by a large statue of Trump sitting on a golden lavatory with his pants around his ankles.

Denmark’s Eriksen dreams of Champions League title

That leaves one more midfield slot with two English players competing for one place - James Milner and Jordan Henderson. But I've watched Tottenham over the last three or four years under Pochettino and they're a ruthless team as well.

Jose Antonio Reyes killed in vehicle crash at age of 35

His involvement in Arsène Wenger's Invincibles side saw him become the first Spanish player to ever win the Premier League title. Sevilla and second-division club Extremadura, where Reyes played this past season, both confirmed the death on Saturday.

Osaka stages second Houdini act at Roland Garros

The U.S Open and Australian Open champion from Japan, who surprisingly lost a set 6-0 in the first round, again started poorly. Djokovic's next opponent, 147th-ranked Salvatore Caruso of Italy, reached the main draw via the qualifying tournament.