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Reading: IHC grants bail to for former Chairman OGDC
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PhotoNews Pakistan > Pakistan > IHC grants bail to for former Chairman OGDC
Pakistan

IHC grants bail to for former Chairman OGDC

Web Desk
By Web Desk Published March 13, 2014 2 Min Read
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The Islamabad High Court (IHC) on Wednesday granted bail to a former chairman of the Oil and Gas Regulatory Authority (Ogra), Taqueer Sadiq, the principal accused in a multibillion-rupee scam.

A two-member bench comprising Justice Riaz Ahmed Khan and Justice Noorul Haq Qureshi accepted the bail plea of Sadiq against the submission of two surety bonds worth Rs1 million each.

Sadiq is the main accused in the Rs82 billion scam case and is on judicial remand for the past one year. The petitioner’s counsel Advocate Sardar Asmatullah has maintained that his client is behind bars since July 2013 and NAB has yet to produce any substantial proof against him.

 It should be noted that the main trial is pending in the accountability court, which has submitted a reference against Sadiq along with the two former premiers  Syed Yousaf Raza Gilani and Raja Pervez Ashraf.

On November 25, 2012, the apex court had struck down Sadiq’s appointment as Ogra chairman, after which he fled the country and was brought back by NAB officials on July 9, 2013. He was then kept at the bureau’s headquarters and produced for the first time in court in July.

 

 

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