Humayun Khan
PESHAWAR: Peshawar High Court (PHC) ordered to de-seal three markets in Chowk-e-Yadgar on submission of Rs5, lac surety bond by each owner with Federal Investigation Agency (FIA).
Advocate Asad Danyal Chamkani appeared before PHC’s judge Justice Waqar Ahmad on behalf of Noor Muhammad, Hafiz-ur-Rehman and Haji Niaz Muhammad while stated that the petitioners are owners of Azad market, Faiz market and City market respectively.
The counsel informed that FIA has sealed above mentioned three markets on 11 December 2022 on allegation of money laundering under section 5 of 1974 Act. He argued that FIA has no jurisdiction to seal these markets because action should only take against a person involved in illegal business neither to seal the whole property.
After conclusion of argument Justice Waqar Ahmad has ordered to de-seal three markets at Chowk-e-Yadgar on Rs5 lac of surety bonds with Investigation Officer while forwarded the writ petitions to divisional bench of PHC and FIA to submit report.
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