Karachi: Another accused gets bail in fund scam case
KARACHI: Another accused allegedly involved in the 220-million-rupee provident fund scam was granted interim bail by the Sindh High Court on Tuesday. Nazeer Ahmad Memon, headmaster of a Sukkur government school, and 56 other teachers and accounts officials are alleged by the National Accountability Bureau to have misappropriated Rs220 million out of the education department employees’ provident fund by withdrawing amounts in fake names. Memon alone is accused of withdrawing an amount of Rs50 million in complicity with accounts officials. He drew salaries in the names of ghost teachers and then withdrew their provident fund amounts.
The bail plea of the accused was contested by NAB additional prosecutor-general Chaudhry Mohammad Iqbal but a division bench consisting of Justices Mrs Qaiser Iqbal and Khwaja Naveed Ahmed admitted the petitioner to interim bail against two sureties of Rs200,000 each on the ground of consistency. The petitioner submitted that other accused in the reference had already been granted bail and assured the court that he would not evade the trial of the reference against him.