KARACHI: A federal anti-corruption court on Thursday granted bail to Pakistan Peoples Party (PPP) leader Makhdoom Amin Fahim in the Trade Development Authority of Pakistan (TDAP) corruption case.
Earlier, the Sindh High Court (SHC) had restrained the Federal Investigation Agency (FIA) from arresting Fahim, a former commerce minister.
The cases against Fahim, another PPP leader and some former and serving senior officials of the TDAP were registered by the FIA for their alleged involvement in approving and disbursing fraudulent trade subsidies of millions of rupees to several fake companies through fictitious claims and backdated cheques.
Also read: FIA restrained from arresting Fahim in TDAP scam case
Last year, Prime Minister Nawaz Sharif had referred the scam involving ‘misappropriation’ of Rs1.27 billion to FIA to collect evidence and initiate criminal proceedings against officials, exporters and companies allegedly involved in it.
FIA had arrested 45 men for their alleged involvement in the scam since the beginning of the probe.
Moreover, arrest warrants had also been issued against Fahim Yousuf Raza Gilani in relation to the scam.
Also recently, the Sindh High Court (SHC) had restrained the FIA from arresting Fahim.