Lahore: A Banking Court in Lahore has extended the interim bails of Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Tareen and his son Ali Tareen in fake bank accounts case till May 03.

According to details, Jahangir Tareen along with his son appeared before Judge Ameer Muhammad Khan.

During the proceedings, Tareen’s lawyer told the court that the Federal Investigation Agency (FIA) has sent notices to his clients on April 14 and summoned record of all businesses including dairy farms.

“It was impossible to submit all record on a day’s notice, especially due to the law and order situation n the country,” the lawyer informed the court adding that both Jahangir Tareen and Ali Tareen will appear before FIA on April 19.

Following the conclusion of arguments, the court adjourned the hearing till May 03.

Later, while talking to media outside court, Tareen thanked everyone who came along for hearing even in Ramazan.

“My all business are transparent. There is no mentioning of sugar mafia in the First Investigation Report (FIR). It is not the domain of FIA to file FIR in the corporate domain,” he added.

On March 31, the Federal Investigation Agency (FIA) registered two cases against Pakistan Tehreek-i-Insaf leader (PTI) leader Jahangir Tareen and his son over Rs. 3 billion financial embezzlement and their involvement in sugar scandal.

According to the FIA, Former Secretary Agriculture Rana Naseem was the patron of the sugar mill mafia scandal, for which his name is also included in the registered case.

The second case includes the names of Jahangir Tareen, his son Ali Tareen and two daughters.

FIA has detected that Jahangir Tareen transferred Rs 3 billion from his son-in-law's unfunctional paper factory, JDW which was later transferred to the accounts of Tareen family.

The PTI leader’s factory has 26% public shareholders.

According to sources, the FIA will record their statements in person before reaching a decision based on evidence whether to arrest them or not.

Earlier the FIA lodged a case over sugar scam under sections 406 (criminal breach of trust), 420 (cheating of public shareholders) and 109 of the Pakistan Penal Code and r/w 3/4 of Anti Money Laundering Act.