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Prohibited funding case: Court gives two days physical remand of PTI leader Hamid Zaman in Lahore

LAHORE/ISLAMABAD: The District Court of Lahore today gave two days physical remand of Pakistan Tehreek-e-Insaaf (PTI) founding member Hamid Zaman in the prohibited funding case being probed by the FIA.

The FIA team presented the PTI leader in the district court on Saturday, a day after he was taken into custody from his office located on Waris Road in Lahore for his alleged involvement in the PTI prohibited funding case.

PTI leader Zaman was presented before the Judicial Magistrate Ghulam Murtaza Virk.

In August, a three-member bench of Election Commission of Pakistan (ECP) declared that the PTI had received the prohibited funding from different sources, including foreign nationals and companies in violation of the Constitution. The electoral body named at least 35 non-Pakistani nationals — many with Indian origin names — and over 350 companies that provided funds to the PTI by 2014.

Following the verdict by the ECP, the FIA launched a probe into the prohibited funding case and formed five inquiry teams.

The FIA teams will carry out investigations in Lahore, Karachi, Peshawar, Islamabad, and Quetta.

FIA officials said the investigators will obtain record of prohibited funding from the State Bank of Pakistan, Securities and Exchange Commission of Pakistan and other financial institutions. The five teams will be supervised by a main team at the FIA headquarters.

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I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.

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