Anchorperson Dr. Shahid Masood fled court premises to escape arrest on Thursday after a special court of the Federal Investigation Agency (FIA) rejected his bail plea in Rs 38 million PTV embezzlement case.
According to the prosecution, Dr Masood had signed an agreement with a fake company to negotiate with the Pakistan Cricket Board for grant of rights to the PTV for coverage of cricket matches played in Pakistan. Because of the agreement, the PTV had to face heavy losses.
The Islamabad District Court had in June issued non-bailable warrants for Dr Masood’s arrest following a request made by the FIA. He had subsequently appeared before the court and obtained interim bail.