Law: Criminal Procedure Code (V of 1898)

Section: 497

Law: Prevention of Corruption Act, 1947

Section: 5

Law: Pakistan Penal Code, 1860

Section: 409,420,468,471

Criminal Procedure Code (V of 1898)--- ----S. 497---Penal Code (XLV of 1860), Ss.420, 468, 471 & 409---Prevention of Corruption Act (II of 1947), S.5---Bail, grant of---Accused, a bank employee had contended that during physical remand obtained by the police, nothing was recovered from him; that departmental enquiry had already been conducted and competent authority had recommended for reinstating him; that during the course of investigation, accused had been found guilty of only contributory negligence; that prosecution was not armed with any direct evidence against him; that no allegation was against him of mis-appropriation or embezzlement, of any amount; that he as per duty roster, was not assigned role of handling cash and only role assigned to him was that of dealing with all types of loan/finances, preparation of all kinds of loan balance books and computer operation; that he had signed two vouchers in a routine matter---Firstly accused had made offer that he was ready to furnish security or executing mortgage deed in favour of the Bank to .compensate in case an award was given against him by the Registrar before whom. application riled by the Bank was pending---Deputy Prosecutor-General though had opposed the bail application on merit, but he had not opposed the offer made by accused---Contention raised by accused had been found to be weighty---Bail application of accused in peculiar circumstances of the case was accepted subject to the condition that either accused or somebody on his behalf would mortgage any immovable property valuing not less than an amount of Rs.7,00,000 in favour of Bank to secure the ultimate interest of the Bank. THIS ORDER PASSED BY: HASNAT AHMAD KHAN, J.--- Through this petition Imran-ul-Haq Hassan Saeed has sought post-arrest bail in case F.I.R. No. 14, dated 31-8-2006 registered at Police Station A.C.E, Toba Tek Singh in respect of offences under sections 420, 468, 471, 409, P.P.C, read with section 5 of the Prevention of Corruption Act, 1947. 2. Shorn of unnecessary details the prosecution case, as narrated in the F.I.R. lodged at the instance of Tariq Dar, Zonal Chief Punjab Provincial Co-operative Bank Limited, is that…

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