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Petitioner: IQBAL AHMED TURABI and otherss VS Respondent: THE STATE
Court Name: Supreme Court of Pakistan Judge(s): Nazim Hussain Siddiqui, Abdul Hameed Dogar, Faqir Muhammad Khokhar Title: IQBAL AHMED TURABI and otherss vs THE STATE Case No.: Criminal Petitions Nos.379 and 380 of 2003 Date of Judgment:2004-07-13 Reported As: PLD 2004 Supreme Court 830 Result: Petition dismissed
JUDGMENT
JUDGMENT ABDUL HAMEED DOGAR, J.:-Reference No,3 was filed against the petitioners, namely, Iqbal Ahmed Turabi, Najma Iqbal, Hassan Raza and Asif Hussain in the Court of Administrative Judge, Accountability Courts, Sindh Karachi under sections 9(a)(iv)(v) and 10 of the National Accountability Ordinance: 1999 (hereinafter referred toas 'the Ordinance) whereunder they were tried and were found guilty of the offence and were convicted and sentenced as under:-- (1) Petitioner Iqbal Ahmed Turabi was sentenced to suffer R.I. For 10 years and to pay a fine of Rs,95 millions. In default whereof he has to further undergo R.I. For three years. (2) Petitioner Najma Iqbal was sentenced to suffer R.I. For 5 years and to pay a fine of Rs,95 millions. In default whereof she has to further undergo R.I. For three years. (3) Petitioner Hassan Raza was sentenced to suffer R.I. For 5 years and to pay a fine of Rs,3 millions. In default whereof he has to further undergo R.I. For two and a half years. He was further convicted under section 31-A of the Ordinance and sentenced to suffer R.I. For three months. (4) Petitioner Asif Hussain was only convicted under section 31-A of the Ordinance and sentenced to suffer R.I. For three months. 2. On appeal, the learned High Court vide impugned judgment maintained their substantive sentence whereas reduced the sentence of fine of petitioners lqbal Ahmad and Najma Iqbal from 95 millions to 25 millions each. Sentence of petitioner Hassan Raza was reduced to Rs,2 millions. As regards sentence of three months awarded by the trial Court under section 31-A of the Ordinance to petitioner Asif Hussain, the same was maintained. 3. The petitioners have assailed the impugned judgment in Criminal Petitions No,379 and 380 of 2003 in this Court and have sought leave to appeal.
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4. Relevant facts for the disposal of the instant petitions are that Chairman, National. Accountability Bureau, filed Accountability Reference No,39 of 2001 against petitioner No,1 in the Accountability Court, Karachi, whereas the other petitioners alongwith Ziauddin Taimuri were arrayed as accused in the reference in their capacity as abettors under section 18(g) read with section 24 of National Accountability Ordinance, 1999 on the allegation that petitioner No,1 being holder of public office and employed as Accounts Officer and promoted in Group-III in Pakistan State Oil (hereinafter referred to as `PS0'), in furtherance of common intention, criminal conspiracy and abetment of petitioners, namely, Najma, Asif Hussain, Hassan Raza and acquitted accused Ziauddin Taimuri. Had acquired the movable/immovable properties and pecuniary resources in his name and in the names of the petitioners as per details given in schedule A, B & C thus they committed an offence of corruption and corrupt practices as defined under section 9(a)(iv)(v) of the NAB Ordinance, 1999 andpunishable under section 10 of the NAB Ordinance read with Sr. No,2 of the Schedule appended with the said Ordinance. 5. The details, given in schedule A, B & C are as under:-- SCHEDULE 'A' IMMOVABLE PROPERTIES S.No.Name of the person in whose name property acquiredDescription of Property AcquiredValue Year of AcquisitionRemarks 1. Mrs. Najma Iqbal w/o Iqbal Ahmed TurabiShop No.10, measuring Ft. Chapel Resort. Block-2. Clifton, Karachi7,15.000 27-6-1996 2. Iqbal Ahmed Turabi Flat No. M-04, measuring 1920 Sq. Ft. Mezzanine Floor, Chapel Resort, Block-1, Clift10,46.000 4-10-1995 3. Mrs. Najma Iqbal w/o Iqbal Ahmed TurabiFlat No. 206, Plot No. 12. Street No. FT-1, Mahmoodabad House; Frere Town, Karachi25,00.000 27-6-1996 4. -do- Plot No.126/II, treasuring 1000 Sq. Yd. 15th Street, Phase VI. DHA, Karachi45,00.000 24-10-1996 5. -do- H. No. 34/II, measuring 492 Sq Yds. N. Street, Phase-IV, DHA, Karachi59,27.000 3-9-1996 6. -do- Flat No. B-8, measuring 1610 Sq. Ft, 2nd floor, Super Palace Plot No.8, Street No. Cl.-9, Civil Lines Quarters, Karachi12,00.000 7-7-1991 7. Ziauddin Taimuri s/o MoinuddinShop No.S-25, measuring 312 Sq.Ft Ground Floor, Prince Complex, Frere Town. Karachi25,00.000 27-6-1996 8. Hassan Raza s/o M. Musraff HussainFlat/Office No. M-4 measuring279.68 Sq. Yds Mezzanine floor, Falaknaz20,00.000 August 1997
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Center, Shahrah-e---Faisal, Karachi 9. Asif Hussain s/o Taseer HussainOffice No.2 & 3 alongwith the roof top on plot No. 10- C, 8Commercial Lane, Zamzama25,00.000 30-4-1997 SCHEDULE 'B' MOVABLE PROPERTIES S.No.Name of the person in whose name property acquiredDescription of Property AcquiredValue Year of AcquisitionRemarks 1. Mrs. Najma Iqbal w/o Iqbal Ahmed TurabiPurchase Bills 2,14,14,243/50 Conducted business with M/s Kausar Abbas Bhayani from March, 1997 to July 2001. 2. -do- Purchase Bills 23,23,150 Conducted business with M/s Ali Hussain Rajab Ali Ltd. from April, 2000 to July, 2000 3. Iqbal Ahmed Turabi Shares lying with MCB Board Branch9,20,948175 4. -do- Defence Savings Certificates tying with MCB12,56,000 5. -do- Nissan Sunny Car 2,40,000 6. -do- Jewellery 4,50,000 7. -do- 11ICP Mutual Funds holding 25,000 at the rate of Rs.102,50,000 8. -do- Value of shares which were sold by the accused during the period after the out cut date.27,26,188/24 SCHEDULE 'C' PECUNIARY ASSETS U.S. DOLLARS S.No.Name of Account holderName of BankAccount No. Account opened onAccount closed onAmount deposited 1. Mrs.Najma Iqbal w/o Iqbal Ahmad TurabiDeutche Bank, II Chundrigar Road, Karachi0052233-30-522-12-1994 3-5-1999 23,378 US $ 2. -do- Habib Bank AG ZurichTime despoit 2-1-1995 12-9-1998 722,621.8 US $ 3. Iqbal Ahmed TurabiAmerican Express 11106202016-4-1995 30-9-1999 379 US $ form 26-4- 1999 to 30-9-th th
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Bank Shaheen Complex Karachi 1999 4. Mrs. Najma Iqbal Turbai & Iqbal Ahmed TurabiHabib Bank AG ZurichSaving A/C174242-- -116-019-4-1996 7/8-6-2001 65,754.55 US $ form 15- 12-1997 to 10- 7-1998 5. Mrs. Najma s/o Iqbal A. TurabiABN Amro Bank, Avari Towers KarachiSaving A/c2102800115-12-1997 10-7-1998 25,185.74 US $ from 18-- -12-1999 to 1- 10---1999 6. Mrs. Najma s/o Iqbal Ahmed TurabiABN Amro Bank. Avari 'towers, KarachiSaving A/c 2108074418-12-1997 1-10-1999 9,970,96 US $ 7. Ali Hassan Mashreq Bank, PSC, Bahrai Complex, Karachi02-280007-6 (Term Deposit)23-4-1997 18-7-1998 55,100,00 (+)Profit4384,14 US $ 6. Charge was framed by the Accountability Court, Sindh, Karachi, against petitioners, namely, Iqbal Ahmed Turabi, Najma Iqbal and acquitted accused Ziauddin Taimuri under sections 9 and 10 of the Ordinance. Proceedings, under section 31-A of the Ordinance were initiated against petitioners, namely, Asif Hussain and Hassan Raza. 7. In support of the above charge, prosecution examined 31 witnesses. During the trial, acquitted accused Ziauddin Taimuri moved an application under section 25 of the Ordinance for plea bargain, which was pending. On 8-1-2002 petitioners Iqbal Ahmed Turabi and Najma Iqbal Turabi filed an application for plea bargain in which they took plea that petitioner Iqbal Ahmed Turabi had various sources available to acquire properties owned by him. The properties alleged to have been acquired in the name of other accused persons were disowned. The petitioner has resorted to plea bargain to cave the honour of the family. Along-with the application for plea bareain, petitioner annexed various charts containing the list of assets. The petitioner admitted that he acquired Flat No,B/8, land Floor, Super Palace, Piot No,8, Civil Lines, Karachi, in the year 1991, which was subsequently sold in the year 1995. However, acquisition with regard to shop No,25, Prince Complex, Frere Town, Karachi was denied. The petitioner admitted acquisition of Shop No,10, Chapel Resort, Block-i, Clifton, Karachi, flat No,4, Mezzanine Floor, Chapel Resort, Block-I, Clifton, Karachi and House No,34/11, Phase-IV, DHA, Karachi. Plot No, 126/2 15th Street Phase-3, DHA, Karachi was purchased in the year 1994 and sold in the year, 1999 for Rs,18,50,000. Plot No, R-58, K.E.C.H.S., Karachi was acquired in the /ear, 1974 for Rs,600 and sold in the year, 1991 for Rs,6,50,000. Plot No,1-18. Sector 5- C/2, North Karachi, was purchased for Rs,30,000 which was sold for Rs,1.70,000. Apartment No,206, 2nd Floor, Mehmoodabad was purchased for Rs,8,35:000 and said for Rs,26,25,000. An amount of Rs,10,00,000 was saved while working in Dubai from 1982 to 1986, defence savings certificates worth Rs,13,50,700, an amount of Rs,3,55,000 was shown to have been liquored from prize bonds winnings and salary of Rs,19,00,000 has been received from the employer. 8. The applications of the petitioners for plea bargain remainedpending. The prosecution after examining 31 witnesses closed their side. 9. Petitioner lqbal Ahmed Turabi, in his statement under section 342, Cr.P.C., candidly admitted that he was employed as Account Officer in PSO during the year, 1986 and was promoted as Manager
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and had been working as Manager Banking, PSO. He also admitted that during his entire period of service, he received Rs,23,06,322 as gross salary. In the assessment year, ending on 31-12-1987, he declared his immovable and movable properties valuing Rs,8,30,000. He purchased Flat No, M-04 measuring 1920 sq. Feet situated in Chapel Resort, Clifton, Karachi, valued at Rs,6,70,000 on 4-10- 1995. He also admitted that in the year, 1991, he acquired Flat No,B-8 measuring 1610 sq. Feet situated on the 2nd Floor of Super Palace. Plot No,8, street No,CL-9, Civil Lines, Karachi in the sum of Rs,4,10,000 whereas sold the same in the sum of Rs,9,75,000 in the year, 1995. He also admitted that he had purchased the plot in the name of his wife petitioner Najma lqbal for a sum of Rs,18,50,000, which was sold by him for Rs,44,00,000 in the year, 1999. He had also purchased a shop in the name of his wife petitioner Najma Iqbal in 1996 for a sum of Rs,2,10,000, which is yet in their possession in Chapel Resort, Block-1, Clifton, Karachi. He had also booked Flat No, 206 having covered area of 1500 sq. Feet in Mahmoodabad, Karachi for a sum of Rs,8,35,000, which was sold by him in 1997 for Rs,26,25,000. He also admitted that in the year, 1996, he had purchased plot measuring 492 sq. Yard in Phase V, DHA, Karachi, in the name of his wife for a sum of Rs,10,00,000 over which he constructed a double storey bungalow in which they are residing whose value presently would be Rs,25,00,000. As regards, Shop No,25 situated in Prince Complex, Frere Town, Karachi, said to have been purchased in the name of acquitted accused Ziauddin Taimuri in the year, 1997 for a consideration of Rs,1,70,000. He denied the same and stated that he did not know acquitted accused Ziauddin Taimuri. He also denied about the said shop having been given on monthly rent of Rs,40,000 to Habib Bank A.G. Zurich under tenancy agreement and an amount of Rs,4,44,000 was received as rent in advance. He also denied the sale of said shop against a sum of Rs,29,00,000 to Riazuddin through sale agreement by acquitted accused Ziauddin Taimuri. He also denied the purchase of Office No M-4, having covered area of 279.68 sq. Feet, Falaknaz Centre, Sharah-eFaisal, Karachi for a consideration of Rs,20,00,000 and got sale-deed executed in the name of petitioner Hassan Raza on 9-9-1997. He also denied about the said premises having been let out by petitioner Hassan Raza. He denied that he purchased office premises No,2 and 3 alongwith rooftop situated on Plot No, 10-C, 8th Commercial Lane, Zamzama, DHA, Karachi for a sum of Rs,25,00,000 and got sale- deeds executed inthe name of petitioner Asif Hussain. He admitted that he and his wife petitioner Najma Iqbal opened a Joint Account No,1932-2 in ABL, PIDC House Branch, Karachi on .8-6-1988 but denied the transaction of Rs,54,02,685 in the account. He admitted that on 18-12-1997 he had opened Account No,2521-8 with ABL,. PIDC Branch, Karachi and deposited on amount of Rs,19,13,14,000 in the account with a balance of Rs,30 as stood on 1-1-1999. He admitted that on 15- 2-2000 he and his wife petitioner Najma Iqbal opened a Joint Account No,20610-714-115914 with Metropolitan Bank, Karachi, and from 15-2-2000 to 10-6-2000 he deposited Rs,26,39,533.14 in the account and then the said account was closed on 14-6-2000 with no balance. He also admitted that on 8-7-2000 he and his wife petitioner Najma Iqbal opened a Joint Account No,20610-714- 118618 with Metropolitan Bank, Karachi and from 8-7-2000 to 21-7-2001 he deposited Rs,11,77,430.22. He admitted that on 9-4-1996 he and his wife petitioner Najma Iqbal opened a Joint Account No,1714-174242-116-01 iR Habib Bank, A.G. Zurich, I.I. Chundrigar Road, Karachi. And from 9-4-1996 to 8-6-2000 he deposited Rs,3,71,63,055.94 which was closed on 8-6-2000. He also admitted that on 15-12-1997 he got opened an Account No,2102001 in ABN Amro Bank, Karachi. In the name of his wife petitioner Najma lqbal during the period 15-12-1997 to 10-7-1998 U.S. $ 25,185.74 were deposited and on 10-7-1997 the account was closed as the balance amount of US $ 185.74 was transferred in her Pak Rupee Account No,21028052 of the same bank, but explained that the account was opened with the running finance facility by which amounts were being withdrawn and subsequently, the same amounts were being deposited. He admitted that on 17-12-1997 he got opened an Account No,21028052 with ABN Amro Bank, Karachi in the name of his wife petitioner Najma lqbal and the total deposit in this account from 17-12-1997 to 13-6-2000 was Rs,80,94,035.39 but explained that
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the deposit in this account was the same amount which had been shown in Account No,21028028. He also admitted that on 4-6-1997 he and his wife 'petitioner Najma Iqbal opened a Joint Account No, 4-5, with MCB Broadway, Clifton, Karachi and during the period from 4-6-1997 to 30-6-2000 a sum of Rs,85,71011 was deposited. He also admitted that MCB Broadway Clifton after opening the Joint Account No,4-5 had given running finance facility for which he had deposited Shares and Defence Savings Certificates of Rs,21,76,948 as security and he had availed such facility up to Rs,16,00,000 and he deposited equal amount of availed facility in the bank and these certificates and shares were returned by the bank. He also admitted that on 20-10-1996, he opened Account No, 1-11583 with MCB, Shaheen Complex, Karachi, and during the period 20-10-1996 to 4-121996 Rs,1,01,000 was deposited. He admitted that on 7-12-1992 he and his wife petitioner Najma Iqbal opened Joint Account No,1742242 with Habib Bank A.G. Zurich, I.I. Chundrigar Road, Karachi but deniedthat during the period 7-12-1992 to 12-9-1996 US $ 61,2175.93 were deposited. He also admitted that on 2-1-1995 he got opened Time Deposit Account with deposit of U.S. $ 51,000 with Habib Bank A.G. Zurich, I.I. Chundrigar Road, Karachi,, in the name of his wife petitioner Najma Iqbal. He admitted that on 26-4-1995 he opened Account No,111062020 with American Express Bank, Shaheen Complex, Karachi and the total deposits in the account from 26-4-1996 to 30-9-1999 were U.S. $ 294 and the account was closed on 30-9-1999. He also admitted that on 22-12-1994 he got opened an Account No,52233-30-5 with Deutsche Bank in the name of his wife petitioner Najma Iqbal and the total deposits in the account from 22-12-1994 to 23-4-1999 was US $23,738.50. He admitted that on 18-12-1997 he got opened an Account No,21028044 with ABN Amro Bank, Karachi, in the name of his wife petitioner Najma Iqbal but denied that total deposits in the account from 18-12-1997 to 1-9-1999 were US $1,09,741.98. He also admitted that he through Hawala got transferred US $51,000 from abroad to Mashriq Bank in favour of his son Ali Hassan but explained that after the freezing of dollar accounts, the corresponding amount of Rs,27,36,270 in Pak Rupee was paid to his wife including the profit given on US $ deposited in the account. He denied that he in his Annual Declarations of Assets with the department neither declared all the assets nor mentioned their correct value. He admitted that in the Wealth Tax Returns Ex.158 to Ex.164 for the tollowine: years he declared the Value of Assets noted against each year. Year Description of Assets Value 1994-95 120sq. yds plot of land Shah Latif Town 6,000 Stock and Shares 1,40,000 Defence Savings Certificates 1,53,000 Nissan' Car 2,25,000 Jewellery 40 tolas 80,000 Cash in hand 1,02,315 HBL A/C 1309-1 1,003 Furniture and fittings 54,000 Total Rs.6,61,318 1995-96 -do- Rs.7,14,350 1996-97 1. Flat M-4 Chapel Resort 6,70,000 2. Shop No. 10, Chapel Resort 2,85,000 3. 492 Sq. Yds plot in Phase IV DHA 3,85,000 4. Defence Savings Certificates 6,56,000 5. Nissan Car 2,25,000 6. Jewellery 40 tolas 80,000 7. Cash in hand and prize bonds 2,18,001 8. HBL A/C 1309-1 8,476
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9. Furniture and fittings 54,000 Total Rs.35,80,852 1997-98 1. Flat M-4 Chapel Resort 6,70,000 2. Stock & Shares (PSO) 7,66,000 3. Defence Savings Certificates 6,84,000 4. Nissan Car 2,25,000 5. Cash in hand 1,44,455 6. HBL A/C 1309-1 533 7. Furniture and fittings 54,000 Total Rs.25,43,988 1998-99 All assets immovable and moveable Rs.22,19,897 1999-00 -do- Rs.19,03,933 2000- 2001-do- Rs.16,09,679 He also admitted that he in his Declaration of Assets for the year ending 31-12-1998 declared the value of his own and that of his wife's assets at Rs,29,20,000. He also admitted that his wife petitioner Najma Iqbal in her Wealth Tax Return for the year, 1999-2000 declared the value of her assets at Rs,97,37,342. He also admitted that he and his wife petitioner Najma Iqbal moved a joint application on 12-6-1995 to Operation and Technology Card Division for affording Credit Card facility and Master Cards were issued to him and his wife but explained that he was not sure about the total transactions. He admitted that he started purchase and sale of shares in the name of his wife through Messrs Kausar Abbas Bhayani,.Member of the Karachi Stock Exchange from the month of March, 1997 to April, 2000 for the value of Rs,2,14,04,513. He also admitted that he in the name of his wife petitioner Najma Iqbal started purchase and sale of shares through Ali Hussain Rajab Ali, from the month of March, 1997 till the month of July, 2001 for the value of Rs,23,23,150. However, he did not examine himself. On oath as required under section 340(2), Cr.P.C. But he produced ten witnesses in his defence. 10. Petitioner Najma Iqbal in her statement recorded under section 342, Cr.P.C. In reply to several questions regarding the purchase of properties in her name by petitioner Iqbal Ahmad Turabi, she adopted the answers given by her husband in his statement under section 342, Cr.P.C. She neither examined herself on oath under section 340(2), Cr.P.C. Nor led any evidence in her defence. 11. The case was adjourned for arguments on 14-2-2002 when absconding petitioner Asif Hussain appeared before the trial Court after grant of bail by High Court on 13-2-2002. The Special Public Prosecutor submitted an application for separate trial of petitioner Asif Hussain alongwith other petitioners which was allowed. Learned trial Court while allowing the application, however, observed that the entire evidence with regard to other petitioners have been recorded in their presence and they have also availed the opportunity to cross-examine the witnesses. It was further observed that petitioner Asif Hussain should be given opportunity to defend himself and if few witnesses from the prosecution side already examined are re-examined then it will not prejudice the case of the other petitioners. Charge was framed against petitioner Asif Hussain for abetment and criminal conspiracy with petitioner Iqbal Ahmed Turabi for acquiring offices Nos. 2 and 3 on Plot No,10/C, 8th Commercial Lane Zamzama, Clifton, Karachi under section 9(a)(iv)(v) of the Ordinance punishable under section 10 of the Ordinance. Petitioner Asif Hussain pleaded not guilty of the charge. P.W. Muzaffar Hussain, Sub-Registrar, T-Division, Karachi was examined, who produced the certified true copies of sale-deed in respect of offices No,2 and 3 on plot No,10-C, Commercial Lane, Phase-V, DHA, Karachi in favour of petitioner Asif Hussain. This witness was earlier examined as P.W.11 against other petitioners. Petitioner Hassan Raza surrendered before the
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Court after grant of pre-arrest bail from the High Court. Special Public Prosecutor submitted an application for separate trial of petitioner Hassan Raza alongwith other petitioners. This application was allowed with the consent of the learned counsel for the parties. An amended charge was framed against petitioners, namely, Asif Hussain and. Hassan Raza. Petitioners were charged for the Commission of offence of criminal conspiracy and abetment with petitioner Iqbal Ahmed Turabi for acquiring. Flat/Office No, M-04, Mezzanine Floor, Falak Naz Centre,Shahrah-e-Faisal, Karachi under section 9 of the Ordinance punishable under section 10 of the Ordinance. Petitioners Asif Hussain and Hassan Raza were further charged for absconding in order to avoid the service of NAB on them under section 31-A of the Ordinance. Both the petitioners pleaded not guilty. The prosecution examined P.W.33 Haroon Khanani (already examined as P.W.23), P.W.34 M. Shafi (already examined as P.W.22), P.W-35 Muhammad Yar (already examined as P.W.15), P.W.-36 Abdul Basit Khan (already examine as P.W.7), P.W.37 M. Ashraf, P.W.38 Hadi Bux, A.S.-I., P.W.39 Rahim Khan, ASI, P.W.40 Munawar Ahmed (already examined as P.W.3), P.W.41 Ch. Mehboob Ali (already examined as P.W.14), and P.W.42 Aqeel Ahmed Qureshi, Investigating Officer, (already examined as P.W.31). 12. Petitioner Hassan Raza in his statement under section 342, Cr.P.C. Denied his relationship with petitioner Iqbal Ahmed Turabi and also denied that he in connivance with him had purchased premises No,M-4 Mezzanine Floor, Falaknaz Centre, Shahrah-e-Faisal against a sum of Rs,20,00,000 and claimed that he purchased the said property through sale-deed from P.W. Mehboob Ali. About absconsion, he denied to have remained absconded and claimed that he being the resident of village Gambat, District Kairpur had gone there and returned in the month of November, 2001 and then he came of know about his case. He applied for bail before arrest and after 'grant of the same, he joined the proceedings. He also possessed the property in village Gambat, District Khairpur. He, hOwever, admitted that petitioner Asif Hussain is the husband of his sister. He, however, did not examine himself on Oath under section 340(2), Cr.P.C. But examined Syed Mohsin Rizvi in his defence. 13. Petitioner Asif Hussain in his statement recorded under section 342, Cr.P.C. Admitted that petitioner Iqbal Ahmed Turabi is his brother-in-law. He categorically denied that he is connivance with petitioner Iqbal Ahmed Turabi purchased the offices bearing Nos.2 and 3 alongwith the roof top on Plot No,10-C, 8th Commercial Lane, D.H.A. Karachi, for Rs,25,00,000 He also denied his absconsion and pleaded that none of the prosecution witnesses had deposed against him. He further claimed that in fact he did not abscond but was present in Karachi and his statement was recorded by the Investigating Officer. However, he was on leave from Metropolitan Bank where he was working as Officer Grade-1 from 3-10-2001 to 30-12-2001 and after getting bail before arrest, he appeared before the Court. He neither examined himself on oath nor led any evidence in his defence. 14. On 10-5-2002, petitioner Iqbal Ahmed Turabi and acquitted accused Ziauddin Taimuri moved applications under section 25 of the Ordinance in furtherance of earlier pending application for plea bargain. This time the offer for settlement was raised to Rs,24 million. After 19 days petitioner Iqbal Ahmad Turabi moved another application under section 25 of the Ordinance on his behalf and on behalf of the remaining petitioners and raised the offer to Rs,25 million. He appended with the application, the list of the properties owned, acquired, sold and still held by him and a list of reconciliation of final wealth was also filed. According to which, the petitioner declared the wealth wroth Rs,11,515,894. The cash amount of Rs,16,575,915 said to have been obtained through salary, share trading and property business. The cash earned from the assets/investments before joining PSO and salary received from United Bank Limited and Overseas were shown as Rs,36,83,900. Thus, the total resources allegedly owned by him were declared as Rs,20,259,815. The details whereof are reproduced as…
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