The Sindh High Court approved on Tuesday the bail of PPP’s Sharjeel Memon in a corruption case.
NAB had accused of embezzling Rs5.7 billion which the information ministry paid to advertising agencies for awareness campaigns between 2013 and 2015. He was serving as Sindh’s information minister.
He has been ordered to submit surety bonds worth Rs5 million.
The court, however, said that he won’t be allowed to travel abroad and therefore his name should be placed on the Exit Control List.
He was released from Karachi Central Jail later in the evening.
The court also suspended his arrest warrants in an assets case. NAB has been investigating him for owning more assets than known sources of income. The arrest warrants were issued by NAB chairperson.
Memon’s lawyer said that NAB has made baseless allegations against his client and he never took any bribe.
The former Sindh minister was arrested on October 12, 2017. The Supreme Court and the high court had rejected his bail petitions, previously.