Khawaja Asif released on bail

Staff Reporter

PML-N senior leader Khawaja Asif was released on Thursday on post-arrest bail in a case of assets beyond means and money laundering initiated against him by the National Accountability Bureau.

Asif was granted post-arrest bail on Wednesday by a two-member bench of the Lahore High Court, comprising Justice Alia Neelum and Justice Syed Shahbaz Ali Rizvi, which had ordered his release from jail upon the submission of a bail bond worth Rs10 million.

“The instant petition is accepted and the petitioner is admitted to post-arrest bail subject to his furnishing bail bonds in the sum of Rs10 million with one surety in the like amount to the satisfaction of the learned trial court,” said the short court order.

NAB’s prosecution team had failed to satisfy the two-judge bench on several queries during the concluding hearing of Asif’s bail petition. Arguments on the PML-N leader’s bail application were completed in three days.

An accountability court issued Asif’s release order on Thursday, after the submission of bail bonds worth Rs10 million, which were delivered to the superintendent of Lahore’s Kot Lakhpat jail.

“Bail bonds have been accepted. Therefore, you are hereby directed to release him from judicial custody if not required in any other case/reference,” said the release order

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