Court extends physical remand of Khawaja Asif in assets beyond means case.

LAHORE: An accountability court on Wednesday extended physical remand of Pakistan Muslim League-Nawaz (PML-N) senior leader Khawaja Muhammad Asif till January 22 in assets beyond means case.

Accountability Court Judge Syed Jawadul Hassan conducted the proceedings, wherein the National Accountability Bureau (NAB) officials produced Khawaja Muhammad Asif on expiry of his physical remand term.

A prosecutor on behalf of the bureau requested the court to extend the physical remand of Khawaja Asif for further investigations. While responding to a court query, he submitted that important facts surfaced during the remand. "Khawaja Asif received money from abroad on account of salary but he did not provide a bank statement for it", he added.

He submitted that Khawaja Asif owned 50 per cent shares of Tariq Mir company but he could not inform about sources of it. He submitted that Rs 510.7 million were deposited in account of Tariq Mir company but Khawaja Asif did not inform about the reason for depositing the amount, adding that the bureau wanted to interrogate other people in connection with the case.

At this stage, the court questioned whether Khawaja Asif pocketed the said amount or not.

To this, the prosecutor replied that it was still to be investigated and it was the reason that further remand was required.

However, the court observed that if the amount was deposited and withdrawn by the same person then what was the role of Khawaja Asif.

The prosecutor stated that millions of rupees were deposited and withdrawn from personal accounts of Khawaja Asif, adding that other people were being made part of the investigations and requested for further physical remand.

But, Khawaja Asif's counsel Farooq H Naik opposed the remand plea, stating that fair...