The Accountability Court Judge Muhammad Arshad Malik after hearing the arguments of NAB Deputy Prosecutor General Sardar Muzaffar Abbasi and Zardari's counsel Farooq H Naek reserved its judgement for some time. Later while announcing the judgement, the court approved 10 days physical remand of Zardari and ordered NAB to produce the accused on June 21 before the court. Before the start of hearing, Zardari lit a cigarette and started smoking in the court room. Talking to media persons informally inside the court room, he said that the selected Prime Minister knows nothing and the interior minister executes every thing.
About former President General Pervez Musharraf (retd), he said that he was not elected and, therefore, he is not ready to go to jail. He said that his arrest does not matter as his son Bilawal Bhutto Zardari and daughter Aseefa Bhutto Zardari are active in politics. Arrest of a politician is a matter of grace in politics of the third world countries. "I have told you earlier that everything is done by the government, not by NAB chairman," he said.
When he was told that smoking inside the court room is prohibited, he said when the judge is present then its courtroom otherwise it is a room. "My arrest is a pressure tactic," he said. During the hearing, Abbasi while arguing before the court said that NAB has arrested Zardari after the IHC rejected his application. The NAB team served 'ground of arrest' to the accused before his arrest and he signed it, he said, adding that medical report of the accused has been produced before the court and as per report there is no threat to the life of the accused.
He told the court that there is sufficient ground for remanding the accused to complete the investigations as well as to confront the accused with the documentary evidence collected by the investigation officer. He requested the court to grant 14 days physical remand of the accused. While presenting eight points of ground of arrest, Abbasi said that during the course of investigation conducted so far, prima facie, Zardari's involvement has been established in the commission of offences punishable under National Accountability Ordinance (NAO) 1999 on the following grounds: "a) You maliciously designed a plot to misappropriate and launder various amounts through your associates, benamidars and front men to whiten your ill-gotten money by way of fraudulent transactions routed through fake account opened in Summit Bank Limited in connivance with Bank officials; b) from the analysis of these fake accounts (A-One International, Lucky international, Logistic Trading, Royal International, Umiar Associates etc) it transpires that you have been remotely controlling the transactions, operations and ultimate benefit taking place in the fake accounts; c) your benamidar, employees, associates deposited your illegal gains procured by way of commission from fraudulent projects, fraudulent loans, illegal gains from suspicious transactions for the laundering purposes and rerouting and reinvestment in Summit Bank Limited; d) you acquired stakes in Summit Bank through your front man AG Majid by fraudulently showing Naseer Abdullah Hussain Lootah through a foreign company namely Suroor Investment Ltd Mauritius holding 1.7 billion shares, 67 percent, worth Rs 14.6 billion and routed your laundered money under his name and portfolio in the bank; e) the evidence reveal that you placed Omni Group as a hedge between you and fake account to distance yourself from the transactions of the fake account and you in connivance with your front men belonging to Omni Group opened the fake accounts for obtaining/depositing and withdrawing the amount and ultimately laundering the money in collusion with president of Summit Bank Hussain Lawai; f) it is evident from transaction that out of Rs 4.4 billion routed from fake account A-One International, amount of Rs 2.8 billion was used to purchase right shares of Summit Bank through the account of Nasser Abdullah Hussain Lootah; g) you being owner of Zardari Group having 20 percent shares in your name as well in the name of your children has received million of rupees from the fake account of A-One International and fake account of Umair Associates and; h) you in collusion with the co-accused AG Majid through Regent Services (Pvt) Limited and Hussain Lawai, president of Summit Bank, got released unauthorised payments from the sundry accounts of Summit Bank in the fake account on the alleged reason for construction of plot G-2 and Block-2, Clifton Karachi, thus acquiring illegal gain to yourself and the other co-accused persons."