Imran Khan gets bail in £190m case.
The Islamabad High Court (IHC) has granted bail to Imran Khan, the founder of Pakistan Tehreek-e-Insaf (PTI), in the £190 million National Crime Agency (NCA) settlement reference.
This decision comes after a thorough deliberation by a two-member bench comprising IHC Chief Justice Aamer Farooq and Justice Tariq Mehmood Jahangiri, who reserved the verdict after the completion of arguments.
Bail Granted with Surety Bond of Rs1 Million:
The IHC’s short order directed the authorities to release Imran Khan against a surety bond of Rs1 million.
Despite this bail, however, Imran Khan will remain in custody as he faces trial in other cases, including cipher and Nikkah cases.
Allegations of Land Gain and Monetary Adjustments:
The case against Imran Khan and others revolves around allegations of illicit gains from land holdings under the Al Qadir University Trust, which reportedly inflicted a loss of £190 million on the national exchequer.
The National Accountability Bureau (NAB) launched an investigation into these allegations, focusing on the adjustment of funds originally sent by Britain’s National Crime Agency (NCA) to the Pakistani government.
Corruption Reference Filed by NAB:
In December 2023, NAB took decisive action by filing a corruption reference against Imran Khan and seven others, including his wife, in connection with the Al-Qadir University project.
This reference stemmed from the establishment of the Trust for the Al-Qadir University Project by the PTI chief on December 26, 2019.
Complex Legal Situation for Imran Khan:
As Imran Khan gets bail in £190m case, he finds himself embroiled in a complex legal situation with multiple allegations and ongoing investigations.
While the bail granted by the IHC offers a temporary respite, the looming trials in other cases suggest that the legal battles are far from over for the PTI founder.
