Abb Takk News

SECP Chief Hijazi Granted BBA in Record Tempering Case

Rehan Dashti

Islamabad (July 17, 2017): An Special Court (FIA) on Monday granted bail before arrest to Chairman Securities and Exchange Commission of Pakistan in record tempering case.

On Monday, Zafar Hijazi appeared before a special court (FIA) seeking bail before arrest.

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The court granted him BBA against submission of surety bond of Rs5 lakh for five days.

The Federal Investigation Agency (FIA) had, on Supreme Court orders, lodged an FIR on July 10 against Mr Hijazi for allegedly tampering with the record of Chaudhry Sugar Mills.

The FIR was registered under sections 466 (forgery) and 471 (using of forged documents as genuine) of the Pakistan Penal Code (PPC), read with Section 5(2)47 of the Prevention of Corruption Act, at FIA’s Special Investigation Unit (SIU) in Islamabad.

Soon after registration of the FIR the SECP chief had moved to Islamabad High Court seeking protective bail.   The IHC had granted him protective bail last Tuesday.

IHC Justice Mohsin Akhtar Kayani had granted protective bail to Zafarul Haq Hijazi until July 17 after the submission of Rs10,000 in surety bonds and directed him to approach the special judge (central) to obtain pre-arrest bail.

In his petition, filed through his counsel Shiekh Zameer Hussain, Mr Hijazi had claimed that FIA had not proceeded as it ought to, adding that he had led the life of an honest and upright man without any blemish, yet his prestige and dignity was being put at stake.

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