LAHORE: The Lahore High Court (LHC) has accepted the bail plea of Pakistan People’s Party (PPP) leader and former hockey Olympian Qasim Zia on Wednesday.
The has directed Qasim Zia to submit a surety bond of Rs100,000 against the bail.
It is pertinent to mention here that the National Accountability Bureau (NAB) had arrested Qasim on August 8 on the charges of being one of the accused in a fraud case of worth Rs100 million.
The accused was arrested on allegations of cheating public at large, misappropriation, and embezzlement of funds and criminal breach of trust, according to NAB.
The accused, along with other directors, fraudulently deprived general public of their hard-earned money. Qasim Zia allegedly sold fraudulent shares of a company which he is one of the directors, NAB added.
Earlier this week, an accountability court extended his judicial remand till October 5
