KARACHI, Mar 29: Sindh High Court (SHC) on Wednesday has granted bail to Dr Asim Hussain in two corruption references worth Rs 479 billion. According to details, the court approved Dr Asim’s bail on medical grounds whereas the authorities have been directed to release him over surety bonds of Rs25 lac each.
On August 2015, the former petroleum minister was detained during a raid at Higher Education Commission office in Clifton area over alleged embezzlement.
It is to be mentioned here that Dr Asim is facing different corruption references in accountability court while a terror case in anti-terrorism court (ATC).
One of the references alleges Dr Asim of Rs 462 billion graft while the other of Rs 17 billion. He is accused of concealing assets, granting illegal allotments, land grabbing, misuse of authority, fraud and giving illegal contracts during his tenure in Sui Southern Gas Pipelines Limited (SSGPL).
Besides SSGPL reference, National Accountability Bureau (NAB) is pursuing money laundering case against the former federal minister.