Wednesday, December 29, 2010

Court Extends Physical Remand : Hamesh Khan Till July 22

Court Extends Physical Remand : Hamesh Khan Till July 22An accountability court in Lahore extended the remand of former Bank of Punjab (BoP) president Hamesh Khan and main accused of Rs 9 billion loan scam till July 22.

NAB officials requested the court that new investigation team led by Additional IG Aftab Sultan is investigating the case, so remand should be extended. Hamesh's lawyer said that NAB failed to present any proof in the court. Hamesh Khan's physical remand has been extended till July 22.

Hamesh Khan is accused of sanctioning loans worth Rs9 billion to Sheikh Afzal, the chief executive of Haris Steel Mills, on fake identity cards.

The National Accountability Bureau said Rs6.1 billion have been recovered in the Bank of Punjab scam case so far.

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