ISLAMABAD: The bail of an HEC official under trial for embezzling Rs3 million was denied by the Islamabad High Court (IHC) on Tuesday. An earlier bail application was rejected by a trial court on December 12, 2012. Syed Hassan Raza Zaidi, Higher Finance Assistant Director at the Higher Education Commission (HEC), was arrested in a case registered in October. Zaidi’s counsel said that he was wrongly booked for fraud and requested the court to grant him bail. The prosecution argued that an internal inquiry found him responsible for the embezzlement. The lawyer argued that Zaidi had earlier been denied bail because the offence is nonbailable. According to the FIR, two cheques of Rs2.87 million were issued by Zaidi in connivance with Shahid Iqbal, the cashier; Muhammad Idrees, the lower division clerk; and Kifayatullah, the intern, through fake agreements. All four are in jail.
Published in The Express Tribune, January 23rd, 2013.