Karachi: Advocate Ahmed bailed out in NAB reference
KARACHI: The Sindh High Court (SHC) on Monday granted bail to the former director of Callmate Telips Telecom Limited (CTTL), Advocate Nadeem Ahmed against a sum of Rs 2.5 million. Ahmed was nabbed in a fraud case of over Rs 5 billion while another director of the company, Hasan Jamil Ansari had already been bailed against Rs 5 million. Both were charged with involvement in a National Accountability Bureau (NAB) reference. A division bench of the SHC, headed by Justice Maqbool Baqar, heard a bail application submitted by Ahmed, seeking bail in NAB reference.
Abdul Hafeez Lakho, Mubeen Ahmad Lakho, Rasheed A Rizvi and other lawyers also appeared before the court as the counsel of Ahmed.
After being arrested late Friday night, Ahmed was produced before the NAB court last Saturday that rejected his physical remand besides giving him in judicial custody till July 10.
It may be mentioned here that NAB, Sindh had arrested the absconding accused on a non–bailable warrant issued by the accountability court. Moreover, seven people including former directors and chief financial officer of the CTTL were nominated in the reference as co-accused.