According to details, the decision was announced by the division bench of Islamabad High Court headed by Justice Athar Minallah, who ordered Memon to submit bonds worth Rs 2 million. The bench directed him to present himself before the relevant court in Karachi.
Besides Justice Athar Minallah, Justice Mohsin Akhtar Kiyani was also part of the two-member bench which presided over the hearing. The NAB prosecutor had opposed Sharjeel Memon's request for protective bail.
In response to a question by the judge, the NAB prosecutor responded that Sharjeel Memon had arrived in Pakistan on March 18. When asked as to why did he opposed the former minister's request for protective bail, the prosecutor claimed that Memon had misused his bail.
"Sharjeel Memon has surrendered himself before the court," Justice Minallah had said. "If someone surrenders, the court wants to encourage him." he added.
When a reporter from SAMAA TV asked him if he was still afraid of being arrested, Sharjeel replied:-
"It's the law of the jungle here," he said.
Memon was also heard speaking with Farooq H Naek outside the court. The latter could be heard assuring the former that he would not be arrested again.
Earlier, Sharjeel Memon had also lashed out at the National Accountability Bureau and termed his arrest as kidnapping. Memon had questioned his name being placed in the Exit Control List and had insisted that the names of the Sharif family be also included in the ECL.