Moonis Elahi granted protective bail by SHC
KARACHI: Moonis Elahi, one of the accused in the National Insurance Corporation Limited (NICL) scam has been granted a three week protective bail by the Sindh Hight Court.
The Banking Court of Lahore had earlier issued a non Bailable arrest warrant for Elahi and had ordered the investigation team to take him into custody and present him in court.
Moonis’s lawyer had submitted an appeal of protective bail to the divisional bench of the Sindh High Court. He added that Moonis is currently not in the country, but will return in a few days.
The Sindh High Court Bench accepted the appeal and has granted a protective bail of Rs700,000.