Anchorperson Ch Ghulam Hussain granted bail in bank fraud case

LAHORE: Senior anchorperson Chaudhry Ghulam Hussain on Saturday was granted post-arrest bail by a district and sessions court against a surety bond of Rs200,000 in case an alleged bank fraud registered in 2003.

Advocate Azhar Siddique filed the plea on Chaudhry Ghulam Hussain’s behalf in the district and sessions court, Lahore. The lawyer stated that the FIA arrested anchorperson in a fake case.

The petitioner contended he neither took a loan from bank, nor was involved in any scam. He pleaded with the court to approve his bail plea in the “bogus” case.

Upon hearing the arguments, the court granted bail to Ch Ghulam Hussain against surety bond of Rs200,000. However, the anchorperson could not be released as surety bond could not be submitted after court time over.

Earlier on Friday, a district court sent ARY News anchor Chaudhry Ghulam Hussain to jail on judicial remand in a case pertaining to alleged bank fraud.

The Federal Investigation Agency (FIA) arrested Ch Ghulam Hussain from a coffee shop in Lahore on Thursday night. Ghulam Hussain was presented before the court by the FIA where it requested the judicial magistrate, who was presiding over today’s proceedings, to grand 14-day physical remand of seasoned journalist.

In a statement, the FIA stated the anchor was declared “wanted” in case number 94/2011 by FIA’s Commercial Banking Circle.

The statement further said that Ghulam had taken a loan worth over Rs50 million from a bank on fake documents in 2003, adding that two of his sons were also involved in the case.

The FIA said that a banking court in Lahore has issued a non-bailable warrant for Hussain in the case. “Further investigations are underway,” it added.

 

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