The PSX 100-index suffered a blow of 900 points to reach at 34,600 points.
Islamabad (Pakistan Point News – 10th June, 2019) The Pakistan Stock Market (PSX) has suffered after the Islamabad High Court (IHC) rejected former president and Pakistan People’s Party (PPP) co-chairman Asif Ali Zardari and his sister Faryal Talpur’s bail plea in the mega money laundering case.
The psx 100-index suffered a blow of 900 points to reach at 34,600 points.
The Islamabad High Court (IHC) rejected Zardari and Talpur's bail plea in the mega money laundering case.
A two-member IHC bench comprising Justice Aamer Farooq and Justice Mohsin Akhtar Kiyani heard Zardari’s bail plea in the fake accounts case against the former president on Monday.
Announcing the verdict, the bench rejected Zardari's bail plea.
Asif Zardari and his sister had left the court before the verdict was announced. The NAB teams were ready to arrest the PPP co-chairman from there. Now they are present at Zardari House where they are consulting their legal team.
The NAB team also arrived at Zardari House to arrest him.
A special alert has been issued to the Islamabad police over possible arrest of PPP co-chairman Zardari. Police have been directed to maintain law and order in case of his arrest.
NAB sources said that Asif Ali Zardari will be arrested today.
