Asif Ali Zardari, former Pakistan president, arrested in fake bank accounts case

A team of the National Accountability Bureau (NAB), accompanied by police personnel, arrested former Pakistan president and PPP co-chairman Asif Ali Zardari from his residence in Islamabad on Monday in fake bank accounts case.

The arrest came hours after the Islamabad High Court rejected an application seeking extension in the pre-arrest bails of Zardari and his sister Faryal Talpur in the fake accounts case, reported Dawn News.

Cops, including female officials, had entered Zardari’s residence after the court decision. All roads leading to the residence were blocked by police.

However, his sister Faryal was so far not arrested. The arrest warrants were issued on Sunday by the NAB, the anti-corruption watchdog, which is probing them in the fake bank accounts case. The case pertains to the use of alleged fake bank accounts to keep money and transferring it out of Pakistan.

According to the NAB officials, the duo made transactions of Rs 150 million through alleged fake bank accounts. The cases against Zardari are part of the investigations being conducted by NAB in pursuance of the Supreme Court's verdict in the money laundering of billions through fake accounts case.