TV anchor Shahid Masood sent to jail on judicial remand

ISLAMABAD: A court in Islamabad sent Shahid Masood, a former chairman of Pakistan Television Corporation, to Adiala jail on a 14-day judicial remand in the PTV corruption case on Thursday.
The Federal Investigation Agency (FIA) produced the TV anchor in the court of senior civil judge Mohammad Inamullah and informed him the agency no longer needed Mr Masood’s custody because his interrogation was over.
The charge against Mr Masood is that he embezzled Rs37 million when he was chairman and managing director of PTV by signing an agreement with a fake company, M/s ISS, for negotiations with Pakistan Cricket Board for acquisition of broadcast rights. The investigators claimed that the agreement caused a loss of millions of dollars to PTV.
Source : DAWN

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