In a significant embezzlement case, the court on Wednesday granted model and actress Nadia Hussain’s pre-arrest bail.
The Federal Investigation Agency (FIA) had charged her husband. He was Alfalah Securities’ previous CEO. A private trading company filed the complaint that prompted the investigation.
The FIA claims that between 2016 and 2023, Khan transferred business funds into his personal accounts. According to investigators, he later gave some of the money to friends and business associates.
Nadia Hussain’s salon business account received the biggest transfer, which totalled Rs26.417 million. She requested and granted interim bail, which the judge has now confirmed.
Judge Notes Lack of Evidence Against Hussain
Judge Ihsan Ali Malik went over both sides’ arguments. Hussain was represented by defence attorney Muhammad Farooq. The complainant was represented by Haider Waheed and Barrister Asad Ashfaq Tola.
According to the judge, there was insufficient evidence to support the claim that Hussain oversaw or had any influence over the business’s financial affairs. She cooperated fully with investigators, he added.
The court emphasised that Khan and other Alfalah Securities employees were the primary focus of the case. There was nothing that explicitly connected Hussain to any wrongdoing.
The judge also emphasised that the law doesn’t penalise someone simply because they are related to the main culprit.
There were no legitimate objections to her bail raised by the investigating officer. The defence claimed during the hearing that the officer didn’t get in touch with Hussain until after she had filed the case against her husband.
He had questioned her regarding a transfer from Khan’s account to the business account of her salon. There was no evidence, though, that she was aware of or consented to the transfer.
The court granted her pre-arrest bail on a bond with surety of Rs200,000.
