Kohistan Financial Scandal: Two Accused Granted Bail for Plea Bargain, to Return to Jail Later

Peshawar: In the Kohistan financial scandal, two accused seeking a plea bargain were temporarily released from jail.

According to Express News, the case involves key suspects in the Upper Kohistan financial scandal. The National Accountability Bureau (NAB) confirmed that the accused, Qaiser Iqbal and Mumtaz, were temporarily released under Annexure B.

NAB stated that the release was granted to allow the legal formalities of the plea bargain process to be completed. Once these requirements are fulfilled, both accused will be returned to jail on Monday.

NAB identified Qaiser Iqbal and Mumtaz as central figures in the Upper Kohistan financial scandal. The bureau revealed that the suspects’ bank accounts showed significant transactions and their assets worth billions have also come to light. Both accused are reportedly seeking a plea bargain in the case.

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