LAHORE: An accountability court on Monday sent PPP leader Qasim Zia to jail on a 14-day judicial remand in a Rs 80 million scam.
The National Accountability Bureau (NAB) Punjab officials produced Qasim Zia before Accountability Court-III, Judge Abdul Sattar, on expiry of 6-day physical remand.
The officials submitted that investigations were being carried out against the accused and further 16-day physical remand was required for the purpose.
However, Qasim’s counsel Ali Zafar opposed the request submitting that his client was implicated in a baseless case whereas it was an 8-year old matter.
Responding to a court query regarding investigations status, NAB officials submitted that they recorded statement of the affectees and collected record which was being verified.
Ali Zafar submitted that Qasim Zia was share holder of Ali Usman Securities but there was no other allegation against him.
The court after hearing arguments of parties rejected the plea for further physical remand and sent the accused to jail on a 14-day judicial remand.
A large number of PPP workers and leaders including opposition leader in National Assembly Syed Khursheed Ahmed Shah were also present in the court.
The NAB Punjab arrested Qasim Zia along with other directors of Ali Usman Securities for defrauding public in stock exchange. More than 80 affectees had filed their complaints in the NAB against the accused.