Actor Nadia Hussain’s Husband Granted Bail in Multi-Crore Bank Fraud Case

In a major development in the alleged Rs. 53 crore bank fraud case, the Sindh High Court has granted bail to Atif Khan, the husband of renowned model and actress Nadia Hussain. The bail was approved against surety bonds of Rs. 10 lakhs, while interim bails for other co-accused in the case have also been maintained.

The case, investigated by the Federal Investigation Agency (FIA), involves allegations of embezzlement and suspicious transactions at a private bank. Atif Khan was taken into custody last March. He is accused of misusing approximately Rs. 80 crores from the bank and receiving funds worth Rs. 65.4 crores from a third party for personal business.

During the hearing, Atif Khan’s lawyers argued that their client’s direct involvement in the case was not proven. The court’s decision to grant bail is a significant legal relief for the accused.

The case took a dramatic turn when allegations surfaced that some of the misappropriated funds were transferred to Nadia Hussain’s account. The actress was subsequently summoned by the FIA for questioning. Nadia Hussain has consistently denied any involvement, stating, “Everyone knows I have no part in my husband’s case. I have provided the FIA with a complete explanation for any amount that came into my account.”

Further controversy arose when Nadia Hussain accused an FIA official of demanding a bribe, a claim the agency has denied, stating the individual in question was not an employee.

The legal proceedings for the main fraud case are expected to continue.

FAQs

1. What is Atif Khan accused of?
Atif Khan, husband of actress Nadia Hussain, is accused of involvement in a Rs. 53 crore bank fraud case, involving embezzlement and suspicious financial transactions at a private bank.

2. What was the condition for his bail?
The Sindh High Court granted him bail against surety bonds worth Rs. 10 lakhs.

3. Was Nadia Hussain involved in the case?
While funds were allegedly transferred to her account, Nadia Hussain has denied any involvement or wrongdoing, claiming she provided full explanations to the investigating agency.

4. What is the current status of the case?
Atif Khan has been released on bail, but the broader investigation and legal proceedings into the alleged bank fraud are ongoing.