IHC grants bail to Bilal Shaikh in fake bank accounts case.

ISLAMABAD -- Islamabad High Court on Thursday approved bail petition of Bilal Shaikh, a former president of Sindh Bank, media reported.

A high court bench while granting bail, ordered Bilal Shaikh to submit a surety bond worth Rs. 10 million in the court.

on December 9, the National Accountability Bureau had filed eight references in the fake bank accounts case in accountability court.

According to the NAB, reference was lodged against alleged embezzlement in the Sindh Bank funds worth billions of rupees.

More than 20 accused including Bilal Shaikh, Tariq Ahsan and others were named in the reference, over allegations of awarding loan worth...

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