Former Pakistan Prime Minister Imran Khan released on bail in corruption case

NEW DELHI: Former Pakistan Prime Minister Imran Khan was granted bail by the Islamabad High Court (IHC) on Wednesday in a land corruption case. The former cricketer was accused of receiving land from a property developer while he was prime minister, allegedly in return for illegal favors. A day earlier, a two-member bench comprising IHC Chief Justice Aamer Farooq and Justice Tariq Mehmood Jahangiri had reserved the verdict after concluding arguments by the prosecution team of the National Accountability Bureau (NAB) and by Sardar Latif Khan Khosa, Imran's lawyer, Dawn. reported.Today, the court announced Imran's bail at Rs 1 million. However, he remains incarcerated as he serves sentences in the encryption and iddat cases. Notably, his sentences in two separate Toshakhana cases were suspended by the IHC. During Tuesday's hearing, NAB special prosecutor Amjad Pervaiz had indicated that the trial of the former prime minister and his wife was nearing completion in his closing remarks. The Accountability Bureau has launched an investigation against Pakistan Tehreek-e-Insaf (PTI) founder Khan, his wife Bushra Bibi and others over the alleged acquisition of many acres of land under the guise of Al Qadir University Trust. This would have resulted in a loss of £190 million to the national treasury. In a bail application filed in November that year, Khan claimed that the NAB, allegedly acting as a tool of the previous Pakistan Democratic Movement (PDM) government, was targeting him politically in the case, according to Dawn. The Al-Qadir Trust case revolves around the settlement of 190 million pounds (around Rs 50 billion), transferred to Pakistan by the National Crime Agency of the United Kingdom following its recovery from a Pakistani property. magnate. During his tenure as prime minister, Khan chose to allow the businessman to use the funds to partially settle a fine of around Rs 450 billion, previously imposed by the Supreme Court, instead of filing it in the National Treasury.

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