LAHORE: Lahore High Court (LHC) on Tuesday has extended Shehbaz Sharif’s interim bail in money laundering case till September 24.
According to details, a two-member bench of LHC heard the matter, during which Shehbaz Sharif’s lawyer continued his arguments.
Previously, LHC had extended interim bail of Shehbaz Sharif till September 22 in money laundering case. The local administration also ensured stringent security arrangements to avoid any untoward incident.
On June 1, Shehbaz Sharif had filed a bail plea in LHC to avoid arrest in assets beyond means and money laundering cases. The opposition leader, in his plea, took the stance that NAB might arrest him in a pending inquiry.
The anti-corruption watchdog had prepared the case with malicious intentions as he has been declaring his assets regularly, Shehbaz stated.
Accountability court had issued bailable arrest warrants for Shehbaz Sharif’s wife Nusrat Shahbaz and his daughter Rabia Imran over continuous absence in money laundering case.
The accountability judge has directed Nusrat Shahbaz and Rabia Imran to attend next hearing on September 29 at any cost.
While talking to media outside the court, Shehbaz Sharif said that the incumbent government of Pakistan Tehreek-e-Insaf (PTI) was taking political revenge from PML-N leaders. I have always served the people of Punjab with sincerity, he added.
According to the NAB investigation report, Chief Financial Officer of Sharif family Muhammad Usman laundered money for the Shehbaz family.
Muhammad Usman started working for the Sharif family in 2005 at Ramzan Sugar Mills for Rs 90,000 per month. In 2006, the Nawaz family acquired Hudaibiya Engineering from the Shehbaz family and in 2007, the Shehbaz family made more companies, including the Sharif Feed Mill, to expand their business.
The bank accounts of Shehbaz Sharif’s wife Nusrat Shehbaz and his sons were used for foreign remittances and loans. On the direction of Salman, Waqar Trading Company made fake foreign remittances of Rs 600 million.
The entire amount was transferred to Salman Shehbaz’s personal account via cheque but it is not known where Salman receives his money from.