LAHORE: An Accountability Court of Lahore has sent former PPP Punjab President Qasim Zia to prison on 14 day judicial remand.
Qasim Zia former Pakistan Hockey Federation president and member of provincial assembly was arrested by National Accountability Bureau (NAB) officials and is accused of committing stock market fraud of over Rs100 million.
Qasim Zia and his partner Usman Saeed were arrested on August 8, 2015. Zia and others are accused of selling fraudulent shares and committing stock market fraud through a company. The company, allegedly, sold bogus shares to bag money from the people. Zia is also allegedly involved in corruption in funds of PHF as he was president of Pakistan Hockey Federation (PHF) in the past.
Before entering politics Qasim Zia played hockey for 7 years representing Pakistan and holds and Olympic gold medal.
Opposition leader in the National Assembly Khursheed Shah said Qasim Zia was being victimized for not switching-over his political loyalties.