A banking court on Tuesday reserved its verdict on former Pakistan Stock Exchange (PSX) chairman Hussain Lawai’s request for B-class category in jail.
Lawai appeared before the banking court and requested for B-class facilities, to which the judge said, “Why does Lawai need B-class facilities when he is in the hospital and not jail?”
The counsel for Lawai said that his client was suffering from a heart disease. The lawyer further petitioned that accused Anwar Majeed and Abdul Ghani Majeed were also under treatment at the hospital.
“Who gave them permission to be admitted to a hospital? We did not give them permission,” the judge said, adding: “No one can be shifted without informing the trial court”.
Last week, a banking court rejected bail pleas of Lawai and Taha Raza in the money laundering case.
Lawai was arrested by the FIA on July 6 in connection to a multi-billion money laundering scam. The FIA is interrogating 32 people in relation to money laundering from fake accounts, including.
More than 20 ‘benami’ accounts at some private banks were opened in 2013, 2014 and 2015 from where transactions worth billions of rupees were made, according to sources. The amount, according to FIA sources, is said to be black money gathered from various kickbacks, commissions and bribes.
Published in Daily Times, September 5th 2018.
