ISLAMABAD: Pakistani actress Nadia Hussain appeared before the Additional District and Sessions Judge South at the City Court in connection with a Rs530 million bank fraud case.
Alongside her, co-accused Faisal and Imtiaz also faced the court regarding allegations of financial misconduct involving a private company.
Details of the Allegations and Court Proceedings
According to the prosecution, Faisal and Imtiaz were responsible for signing cheques which were subsequently deposited into an account held by Atif Khan, the company’s chief executive.
The trio allegedly conspired to embezzle funds, causing significant financial damage to the company.
Faisal and Imtiaz held senior financial positions in the company, receiving monthly salaries of Rs250,000 and Rs300,000, respectively.
The lawyers for the company claimed that Atif Khan diverted Rs530 million into his personal business interests, resulting in a loss of Rs400 million to the company.
The prosecution urged the court to cancel the interim bail of the accused, arguing that the severity of the case and the financial losses warranted strict legal action.
Defence Arguments and Court Verdict
Advocate Muhammad Farooq, representing Nadia Hussain, denied any active involvement of the actress in the alleged fraud.
He stated that Nadia Hussain was being unfairly implicated as a beneficiary without clear evidence or explanation of her role. He clarified that her only connection to the case was through her marriage to Atif Khan.
After hearing the arguments from both the prosecution and the defence, the court reserved its verdict, which is expected to be announced soon.
