ISLAMABAD : A local court in Rawalpindi on Saturday granted the Federal Investigation Agency (FIA) a five-day physical remand of Dr Shahid Masood for further investigation.
The decision was earlier reserved by the court.
FIA had arrested Masood on Friday from the premises Islamabad High Court (IHC) after his pre-arrest bail petition was rejected. The investigative agency had requested the court for a 10-day remand.
During the hearing presided by Judge Amir Aziz, Masood’s counsel claimed that a day’s remand would be sufficient in the case. However, the counsel for the agency stated that as the accused did not surrender willingly to the authorities, the remand should be for a longer duration.
The lawyer representing Pakistan Television (PTV) also presented documents in the record of IHC. The hearing of the case was then adjourned till November 28.
Masood is accused of being involved in the embezzlement of Rs37 million during his tenure as managing director of PTV and accused of allotting contracts to a fake company.