Former Pakistan President Asif Ali Zardari was on Monday arrested in a multi-million dollar money laundering case by the National Accountability Bureau, ANI reported.
According to a report by ARY News, Zardari was allegedly running a fake front company by the name of Parathon as a shareholder in Park Lane properties.
The charges entail that the former President took out a loan worth Rs 1.5 billion from the National Bank of Pakistan in the name of Parathon, and transferred to the company account in a private bank.
Zardari is already in custody of NAB in connection with a fake bank accounts case.
NAB had arrested him in June after the cancellation of his pre-arrest bail by the Islamabad High Court in the fake bank accounts case.