ISLAMABAD: The Islamabad High Court (IHC) on Thursday rejected anchorperson Dr Shahid Masood's bail plea in Pakistan Television (PTV) corruption case.
The plea was rejected by IHC's Justice Mohsin Akhter Kiani. Masood was accused of embezzling Rs37 million during his tenure as managing director PTV, and allotting contracts to a fake company.
On Thursday, the Federal Investigation Agency (FIA) officer Kashif Awan apprised the court during the hearing, presided over by Justice Mohsin Akhtar Kiyani, that no evidence over the exchange of funds could be found and that no statement had been recorded by the co-accused.
IHC reserves verdict on Shahid Masood's bail plea
According to the FIA’s investigation, at the time of the agreement Masood paid the company a sum of over Rs3 million. The entity was registered in Lahore and provided catering services.
In November, a local court sent Masood on a five-day judicial remand to Adiala Jail pertaining to the same case. On November 23, The Federal Investigation Agency (FIA) arrested Masood from IHC premises after his pre-arrest bail petition was dismissed.
Las month, Masood’s counsel Advocate Shah Khawar told the court that his client’s name had not not included in the first information report (FIR).
He had also said that he signed the documents prepared by the legal advisor while the inquiry committee declared Masood responsible for an agreement with the fake company while he had not been included in the inquiry and had resigned.
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