Sarfraz Merchant out on bail till July

LONDON: Sarfraz Merchant a suspect who was summoned by the Metropolitan Police in London for his involvement in an ongoing money-laundering investigation has been bailed till a date in July.

Sarfraz Merchant had appeared before London’s Metropolitan Police on Wednesday in an investigation involving leaders of Muttahida Qaumi Movement (MQM). He was questioned for four hours by Scotland Yard officials.

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Sarfraz Merchant, a Karachi trader, is among six men being investigated by Scotland Yard for the case.

Merchant found himself in the midst of the money-laundering investigation after he made a donation and loan payments to the MQM in Britain in the tune of nearly half a million Pounds.