SC orders release of Dr Shahid Masood in PTV corruption case

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ISLAMABAD: The Supreme Court on Monday ordered the release of TV anchor Dr Shahid Masood in PTV corruption case.

He was arrested in November last year by the FIA on charges of embezzlement of Rs38 million during his shot stint as PTV chairman.

Islamabad High Court judge Justice Mohsin Akhtar Kiani dismissed Dr Masood’s bail plea in December, after which he appealed to the Supreme Court.

In his petition, the anchorperson stated that he was being targeted for his criticism of the government institutions.

“My blunt analysis has always made me a target of governmental institutions,” he stated.

Masood further added that the case had been shut down by the Federal Investigation Agency (FIA) in the past and then reopened in 2015. “Suspects Kashif Rabbani, Fawad Shabbir and Roshan Gilani are all facing trial and have also started paying back the embezzled amount,” he added.

Dr Masood, in his petition to the apex court, added that IHC had rejected his bail without paying any heed to the facts of the case as his name was not included in the first investigation report (FIR) of the case.

Masood is accused of involvement in the embezzlement of Rs37 million in acquiring Pakistan Cricket Board (PCB) media rights in 2008 during his tenure as the managing editor and chairman of the state-run broadcaster. Reportedly, the agreement was carried out with a fake company — M/s International Sports Solution (ISS) and the investigators claim that funds were also released, causing the loss of millions of dollars to PTV as the state-run broadcaster failed to acquire PCB media rights from 2008 to 2013.