IGI Securities Limited – Investor Kit – Top News (13-02-2020)

Lahore, February 13, 2020 (PPI-OT): Hafiz Saeed sentenced to five-and-a-half years in prison for terror financing

A Lahore anti-terrorism court convicted Jamatud Dawa leader Hafiz Saeed in two terror-financing cases on Wednesday. He was slapped with a prison sentence of five-and-a-half years and a fine of Rs15,000 in each case. The sentences of both cases will run concurrently. The court also granted him the benefit of Section 382-B of the Code of Criminal Procedure (reduction of period of sentence of imprisonment). Malik Zafar Iqbal, the secretary of Al-Anfaal Trust, has also been convicted in the same cases and has been awarded similar punishment.

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