KARACHI, June 19: A division bench of the Sindh High Court comprising Justice S. Ahmed Sarwana and Justice Mujeebullah Siddiqui, on Wednesday, granted bail against Rs500,000 to an accused who allegedly obtained cash finance facility from the National Bank of Pakistan by showing fake property documents.

According to prosecution, Zahid Masood was involved in corruption in cash-finance facility with National Bank of Pakistan, Cotton Exchange Branch, by depositing fake property documents.

The FIA, Crime Branch Circle, registered FIR No 01/2002 on complaint of Shaukat Hussain, manager of the said branch, against Masood Zahid.

The petitioner had prayed to the court to release him on bail.

Meanwhile, District and Sessions Judge, Agha Rafiq Ahmed Khan, on Wednesday, awarded 7 years’ RI and a fine of Rs20,000 each to two accused involved in robbery at an office in the Garden area.

According to prosecution, on Nov 15, 2001, accused Arif Masih and Farooq Masih entered the office of the complainant, Mohammad Mairaj, in Dilkusha Chamber, Garden, and after looting cash and valuables, fled from the scene.

Later, the police arrested them and charged them with relevant sections pertaining to robbery and possession of illegal arms. Both convicts will undergo 3 months’ RI if they default in payment of the fine.—PPI