Did Nadia Hussain's husband get bail? Here's what happened in court

The Additional District and Sessions Judge (South) has reserved the verdict on the bail plea of Atif Khan, husband of actress Nadia Hussain, in a high-profile Rs530 million bank fraud case.

The verdict is expected to be announced on May 22.

Police allege that Atif Khan misused Rs530 million belonging to the Chief Executive Officer of a private company for personal business purposes.

Earlier, 

Renowned actress and model Nadia Hussain told the Federal Investigation Agency (FIA) that she had no knowledge of any fraud involving her husband, Atif Khan, who is currently in FIA custody.

According to ARY News, Nadia gave her statement during a two-hour session with the FIA. She said her husband gave her money to start and expand her salon and spa business, but she never questioned where the money came from.

“I was never part of any fraud,” Nadia said.

She explained that her business is registered with the Federal Board of Revenue (FBR), and the money received from her husband was shown as a loan in her tax returns.

The FIA questioned Nadia about money transfers between her husband’s accounts and those of her salon. Investigators believe she received Rs26.4 million from her husband’s accounts, which was used to run her two salons. These transfers reportedly occurred 19 times since 2019.

The FIA claims Atif Khan misused Rs540 million from the company he worked for, causing a total loss of Rs1.2 billion. He allegedly passed off business losses to the bank and used over Rs110 million for personal expenses.

Nadia’s statement has been added to the case file, and she has been named a major beneficiary in the investigation.