No evidence? Religious TV host granted bail
KARACHI: A district and sessions court granted bail on Wednesday to Shabbir Abu Talib, a religious TV host accused of laundering money amounting to Rs800 million.
The suspect was arrested on August 18 in a raid conducted by the Federal Investigation Agency (FIA) and was subsequently, he was remanded by the court.
He remained in FIA custody for more than a week. After his extended remand expired, he moved a bail application through his counsel.
His attorney argued that the investigators failed to bring on record any substantial evidence against his client. He added that the allegations of money laundering were leveled against the suspect, however, nothing of the sort was told to the court in writing.
The lawyer contended that the Foreign Exchange Regulation Act required a complaint from the State Bank of Pakistan to the investigating agency but the FIR had no such document. The suspect was granted bail against a surety of Rs200,000.