Former chairman of Employees Old-Age Benefits Institution (EOBI), Zafar Gondal on Tuesday arrested by the Federal Investigation Agency (FIA) outside the Supreme Court.
According to details, Zafar Gondal was wanted to the FIA Lahore for his involvement in six different corruption cases.
Gondal had pleaded the Supreme Court (SC) for bail before arrest, which was rejected earlier today and the Supreme Court (SC) and ordered for his arrest.
During the hearing, FIA officials took the stance that the former chairman of EOBI is wanted to the FIA regarding the investigations of the cases against him, while the accused has also not attained bail.
It was further said that the federal agency is not harassing the accused, but it is contacting him to cooperate in the investigations.
The SC asked Zafar Gondal to apply for bail and if fails to obtain it then the FIA should arrest the accused and continue the investigations of the cases against him.
The FIA, after the hearing of the case, arrested the former chairman of EOBI from the court premises.
Gondal had allegedly violated EOBI’s investment rules to buy 18 different properties in Lahore, Islamabad and Karachi at extravagant prices amounted up to Rs 34 billion from different parties through doubtful agreements.
