Co-accused in MQM money laundering case granted bail till July

Sarfaraz Merchant being interrogated at London police station, a day after MQM chief was questioned for hours

A trader who was accused alongside Muttahida Qaumi Movement chief Altaf Hussain in a money laundering case was granted bail till July 2015, Express News reported.

Sarfaraz Merchant was summoned at London police station on Wednesday, a day after the MQM chief was grilled for five hours at the same police station in the same case.

After hours of questioning, Merchant's bail was extended till July 2015.

Read: Money-laundering case: After five-hour grilling, Altaf gets extension in bail

Merchant, who is from Karachi and has businesses in both Karachi and Dubai, is said to be a close friend of the MQM chief.

Last year, Merchant’s house was intensely searched by the Scotland Yard as his name is prominently mentioned in the money laundering case in London registered against Altaf Hussain.

He was interrogated for hours but was later released on bail.