Bushra Bibi’s non-bailable arrest warrant issued in £190m case

A non-bailable arrest warrant was issued on Friday for Bushra Bibi, the wife of Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, in the £190 million settlement case, also referred to as the Al-Qadir Trust case.

The National Accountability Bureau (NAB) had filed the reference against Khan, Bushra, and others last year in December.

The couple is facing a NAB inquiry related to a settlement between the PTI government and a property tycoon, which reportedly caused a loss of £190 million to the national exchequer.

As per the charges, Khan and other accused allegedly adjusted Rs50 billion — £190 million at the time — sent by the UK’s National Crime Agency (NCA) to the Pakistani government as part of the agreement with the property tycoon.

Bushra was nominated as an accused in the case for being a trustee of the Al-Qadir Trust.

They are also accused of getting undue benefit in the form of over 458 kanals of land at Mouza Bakrala, Sohawa, to establish Al Qadir University.

During the PTI government, the NCA seized assets worth £190 million from the property tycoon in Britain.

The UK agency said the assets would be passed to the Government of Pakistan and the settlement with the Pakistani property tycoon was “a civil matter, and does not represent a finding of guilt”.

Subsequently, then-prime minister Khan got approval for the settlement with the UK crime agency from his cabinet on December 3, 2019, without disclosing the details of the confidential agreement.

It was decided that the money would be submitted to the Supreme Court on behalf of the tycoon.

Subsequently, the Al-Qadir Trust was established in Islamabad a few weeks after the PTI-led government approved the agreement with the property tycoon.

This is a developing story and is being updated with more details.