LHC grants bail to Maryam Nawaz in Chaudhry Sugar Mills case, orders release.

LAHORE -- The Lahore High Court (LHC) on Monday granted bail to PML-N leader Maryam Nawaz who was arrested on August 8 in the Chaudhry Sugar Mills (CSM) case.

A two-member bench of the high court, comprising Justice Ali BaqarNajafi and Justice Sardar Ahmad Naeem, announced the verdict. The legal representatives of Maryam and National Accountability Bureau (NAB) were present in the court.

The PML-N leader has been ordered to furnish two surety bonds, each worth Rs10 million, and deposit an additional Rs70million and surrender her passport to secure her release.

"Since the prosecution has shown the bank statement of the [...] petitioner in which on 28.11.2011 [...] Rs7 crores were withdrawn and the prosecution has apprehension of fleeing away of the petitioner, therefore, to satisfy our judicial conscience we would pass a conditional order," says the court's written order, granting Maryam bail under under Article 199 of the Constitution.

PML-N supporters gathered outside the court celebrated the bench's order while party president, Shehbaz Sharif, via a statement welcomed the decision.

He also appealed to supporters to not indulge in celebrations or distribute sweets and instead, pray for former premier Nawaz Sharif's health.

PPP Senator Sherry Rehman also welcomed the court's verdict, adding, "Hope that the PPP leadership, including President Zardari who is in custody for questioning, will also be released soon. Keeping political opponents in jail with no wrong proven is bad news."

The bench had reserved its verdict in the case on October 31 after both the petitioner and NAB had concluded their arguments.

The PML-N vice president had approached the high court on September 30 seeking post-arrest bail in the CSM case, in which she is suspected of money laundering.

Following the sudden deterioration in the health of her father, former prime minister Nawaz Sharif, she then filed a miscellaneous petition on October 24 seeking immediate bail on the basis of fundamental rights and humanitarian...