Pak’s anti-graft body files new graft case against former president Zardari

ISLAMABAD: Pakistan’s anti-graft body on Friday filed a new case of corruption against former president Asif Ali Zardari for allegedly being involved in transfer of billions of rupees to a company, co-owned by him and his son Bilawal Bhutto-Zardari, through fake bank accounts.

According to the National Accountability Bureau (NAB), Zardari, who is also the Pakistan Peoples Party (PPP) co-chairman, had acquired Karachi-based real estate firm Park Lane Estate Company (Pvt) Ltd illegally through a front man in 1989.

In 2009, Zardari and Bilawal became shareholders of the company.

The NAB claimed that billions of rupees were transferred to the company through fake bank accounts. The company also took loans of billions of rupees from banks using the political clout of Zardari, it claimed. (AGENCIES)