Islamabad: IHC rejects bail in Rs 850m car scam
ISLAMABAD: The Islamabad High Court (IHC) rejected a protective bail application of those allegedly involved in a Rs 850 million car import scam on Wednesday. The court also rejected an application seeking the transfer of the case from the Sindh High Court (SHC) to the IHC. Accused Muhammad Farid and others applied for protective bail against a decision of an accountability court, which had rejected their bail application. The petitioner’s counsel asked the court to grant protective bail to Farid so that he could pursue other cases in the SHC.
National Accountability Bureau (NAB), Rawalpindi prosecutor Amir Ahmad Qureshi told the court that Abdul Qadeer Tawakkal and his sons Farid, Muhammad Rafiq and Noor Qadeer had deprived hundreds of people of their money through a fake car scheme.
He said the accused had advertised in 1999 claiming that 16,120 Kia Pride cars would be imported and received Rs 858 million from the people– Rs 70,000 from each aspiring car owner. The accused fled from Pakistan after delivering only 52 cars, Qureshi said, adding NAB had filed a reference against them in 2004. He said convict Rafiq, who was released on a parole, had fled to the US. He said a magistrate in Virginia, US had passed Rafiq’s extradition orders last month, adding red warrants had been issued against all accused.