The main accused in the multi-billion rupees National Insurance Company Limited (NICL) scam, Moonis Elahi was acquitted by a Lahore Sessions Court here on Friday due to insufficient proofs against him.
Member Punjab Provincial Assembly Moonis Elahi earlier claimed that the case against him was a conspiracy to malign his family. Elahi has been accused of using political influence to force the state-owned National Insurance Company to buy land at highly inflated valuations. The FIA also alleged that some of the land sold to the NICL was not even owned by Elahi and his associates.
Earlier, Elahi’s counsel Advocate Amjad Pervez contended that his client had nothing to do with the scam. He added that even if the case record submitted before the court by the FIA, as well as all the statements of witnesses were considered correct, a case would still not be established against Moonis.
He told the court that there is not even a single statement of witnesses on record which proved any involvement of Elahi in the scam. “There is no statement which proves any links of Moonis Elahi in the shape of operating the account or opening the account,” he said.
The Lahore Sessions Court had earlier reserved its verdict on the acquittal plea of Moonis Elahi in the National Insurance Company Limited (NICL) scam case till October 21.
On the occasion Moonis Elahi said that the case against him was registered on political basis and he has won the fight and enemies remained failed in their plans.
Later he was released from sub-jail and he reached at Zahoor Ellahi Palace where a large number of party workers were present was chanted slogans in his favor.