BBC Online :
Altaf Hussain, the exiled leader of Pakistan’s powerful MQM party, has been released on bail by police in London after being arrested on suspicion of money laundering.
The 60-year-old was questioned for seven hours on Friday evening.
He had been transferred to hospital for check-ups after being arrested on Tuesday.
Investigations are continuing into the case, and Hussain is due to report to police again in July.
The police say Hussain’s move back from hospital to detention earlier on Friday was agreed after consultation with Wellington Hospital, where he had been receiving treatment.
Thousands of his supporters have been staging a protest rally in Karachi – Pakistan’s biggest city and the MQM’s power base.
The news of Hussain’s release prompted wild celebrations in in the city, reports say.
The British and Pakistani authorities have in the past expressed concerns that any arrest of Altaf Hussain could lead to violent protests.
Hussain has lived in the UK since the early 1990s, saying his life would be at risk if he returned to Pakistan. He has since become a British citizen.