ISLAMABAD: A key figure of the Kohistan Money Scandal has sought for the NAB Plea-Bargain. Qaisar Iqbal, a person involved in making illegal money has sought for the Plea- Bargain.
Qaisar Iqbal has sought for plea-bargain of rupees 14 billion.
The alleged has put forth the application for plea-bargain through the jail superintendent. Qaisar is the head clerk in the C & W department.
He, along with his wife made assets rupees 10 billion using unfair means. Qaisar has made assets of plazas, gold, plots and cash money.
Qaisar also made an unnamed account of the driver to deposit 4 billion rupees.
Under Pakistan’s National Accountability Bureau (NAB) laws, a plea bargain is a legal mechanism that allows an accused person to voluntarily return looted money or assets to the state in exchange for relief from prolonged trial or harsher punishment.
The provision is governed primarily by Section 25(b) of the National Accountability Ordinance (NAO), 1999, and is subject to approval by the Accountability Court.
According to NAB rules, a plea bargain can only be accepted when the accused admits guilt, agrees to return the full amount determined by NAB (including money, assets, or benefits obtained illegally), and submits a written request.
Once approved by the court, the accused is released from custody, but is declared disqualified from holding any public office, contesting elections, or obtaining bank loans for ten years. Importantly, a plea bargain is not an acquittal; the accused remains legally convicted for the purpose of disqualifications, and the recovered amount is deposited into the national exchequer.
