The interim bail application of Ayub, who was arrested in connection with the Upper Kohistan Financial scandal, has been rejected. The accountability court declined to grant interim bail based on Ayub’s plea bargaining position.
The petitioner’s lawyer argued in court that Ayub had submitted a plea bargain application to the National Accountability Bureau (NAB). According to the NAB prosecutor, the accused withdrew Rs 36 billion using fake checks from the Accountant General’s Office, and Ayub is specifically accused of embezzling Rs 3.5 billion.
NAB is currently investigating the embezzlement of over Rs 40 billion in Upper Kohistan. Although the money was withdrawn under the pretence of funding development schemes, no actual projects were established on the ground.
As a result, the accountability court rejected Ayub’s request for interim bail, and the police subsequently took him into custody.
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