City
Epaper

Shehbaz declared 'innocent' in money laundering case

By IANS | Updated: May 10, 2023 13:30 IST

Islamabad, May 10 In a major development in the money laundering case against Pakistan Prime Minister Shehbaz Sharif ...

Open in App

Islamabad, May 10 In a major development in the money laundering case against Pakistan Prime Minister Shehbaz Sharif and his son Hamza, the National Accountability Bureau (NAB) has submitted a supplementary report declaring the father-son duo as "innocent.

The report was submitted to the Accountability Court and was presented during the hearing conducted by Judge Qamar-ul-Zaman.

The report, which was submitted on Monday, revealed that Shehbaz Sharif, Hamza Shehbaz, and others have been acquitted of all charges, Samaa TV reported.

During the hearing, Shehbaz Sharif's representative Anwar Hussain appeared in the court on behalf of the Prime Minister.

The case was filed by NAB, which alleged that Shehbaz Sharif and his family members were involved in money laundering and illegal transfer of funds through fake accounts.

In December 2020, the FIA had submitted a challan against the two PML-N leaders before the court for their alleged involvement in laundering an amount of 16 billion PKR in the sugar scam case, Samaa TV reported.

The investigation team has "detected 28 Benami (untitled) accounts of the Shehbaz family through which money laundering of 16.3 billion PKR was committed during 2008 to 2018".

It examined the money trail of 17,000 credit transactions.

Shehbaz and Hamza were booked in the case along with Suleman Shehbaz, who was absconding in the UK. Fourteen other people were also named in the FIR.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: National Accountability BureauAccountability CourtShehbaz SharifHamza ShehbazpakistanislamabadPakistan Cricket BoardPakistani ArmyChina Pakistan Economic CorridorPakistan ArmyPakistan Super LeaguePakistan Occupied KashmirPakistan MilitaryPakistan High Commission
Open in App

Related Stories

NationalPakistan Shuts Border, Suspends Shimla Agreement, Trade and Airspace for Indian Airlines

InternationalPakistan Army Detains BSF Jawan After Accidently Crossing Border in Punjab

NationalIndian Citizens With Valid Visas Denied Entry Into Pakistan at Attari-Wagah Border; Video Goes Viral

NationalWill Seema Haider Be Deported After India Orders Pakistani Nationals to Leave?

NationalPakistan Govt’s Official X Account Suspended in India After Pahalgam Terror Attack

International Realted Stories

InternationalPresident Droupadi Murmu departs for Vatican City to attend state funeral of Pope Francis

InternationalOne soldier killed, three wounded, by sniper fire in Gaza: IDF

International'I will say nothing more': US spokesperson shuns Pak journalist's question over Pahalgam attack

InternationalUnion Minister Rijiju departs for Vatican City to attend State Funeral of Pope Francis

InternationalUK: People gather outside Indian High Commission in support of victims of Pahalgam attack