KARACHI: SHC has today granted bail to Sharjeel Memon (former Sindh Information Minister) in a corruption reference.
The reference pertains to abusing power by means of awarding advertisements at exorbitant rates. However, the IO had conceded during today’s hearing before the court that it had not been proven that Memon had received kickbacks from the deal.
The two-member bench after hearing the arguments granted bail to Sharjeel Memon against a surety of Rs. 5 million. One may recall that a NAB team nabbed Memon on 23rd October following SHC’s rejection of his bail application.
Relevant pieces published earlier:
KARACHI: A two-judge SHC bench has rejected the interim bail application of former information minister Sharjeel Inam Memon and other 12 co-accused in a graft case here today.
According to details, following the NAB special persecutor’s arguments regarding the corruption case against Sharjeel Memon and others, the court has accepted the bail of one of the thirteen accused only.
Sharjeel Memon is accused of inflicting losses to the national exchequer by resorting to corrupt practices in granting (SID) advertisements – related to awareness – to the electronic media between July 2013 till 2015.
He will be arrested by the NAB team as soon as he emerges from SHC building as legally one could not be detained from the premises of the court.
Readers may recall that Sharjeel Memon is also facing charges in connection with illegal allotment of land.
It is pertinent to mention here that Memon fled the country in 2015 when NAB commenced an inquiry against him regarding five billion rupee corruption. But he returned to Pakistan last March and managed to obtain interim bail.