Atif Khan was arrested over allegations of embezzling Rs 53 crore from a bank
KARACHI: (UrduPoint/Pakistan Point News-Dec The Sindh High Court has granted bail to Atif Khan, the husband of actress Nadia Hussain, in connection with a major bank fraud case involving a private company.
Atif Khan was arrested over allegations of embezzling Rs 53 crore from the bank. The court heard his bail application and, after considering the details of the case, allowed his release on bail, subject to the submission of a bond worth Rs 10 lakh.
During the hearing, the Sindh High Court also upheld the interim bail of other individuals involved in the case.
Atif Khan, who previously served as the CEO of a private bank, was arrested for allegedly misappropriating millions of rupees from the financial institution. His arrest had garnered significant attention, given his connections to the entertainment industry through his wife, actress Nadia Hussain.
The case is ongoing, and further legal proceedings are expected in the coming weeks.
