KARACHI – The former premier Syed Yousuf Raza Gilani released on bail despite having 12 cases of corruption involving some Rs 270 million embezzlement.
After receiving bail from the court on Monday, Gilani said that he respects the court like all other leaders of Pakistan Peoples Party.
During the course of hearing, Gilani stated in the court that charges leveled against him were concocted and fake.
Gilani’s counsel, Faroq H. Naik, also contended before the judge that FIA had lied to the court in its report. The court later granted bail to Gilani in all 12 cases on personal surety bonds.
“We respect law and the judiciary. Peoples Party has always respected courts and state institutions. All PPP leaders including me faced the cases and we expect justice,” said the PPP leader surrounds by a large number of jubilant workers who showered rose petals on him following the court decision.
The bail was granted by the anti-corruption court of Karachi.
On May 29, the court issued non-bailable arrest warrants for Gilani and senior Pakistan People Party leader, Makhdoom Amin Faheem, in corruption scandal relating to irregularities in the Trade Development Authority of Pakistan (TDAP).
The court issued warrants in the light of Federal Investigation Agency (FIA) investigation which reportedly found evidence of PPP leader’s involvement in financial irregularities of Rs. 270 million.