PM Shehbaz Sharif, CM Hamza Shehbaz appear in Rs16b money laundering case

Lahore- The counsel for Prime Minister Shehbaz Sharif contend that the PTI government\’s Rs16 billion money laundering case was politically motivate.

The prime minister and his son, Punjab Chief Minister Hamza Shahbaz. Both present at the hearing of the money laundering case at the special court (Central-I).

During the hearing, strict security measures were implement.

Shehbaz Sharif\’s lawyer, Amjad Pervaiz, maintained that the prime minister has nothing to do. With the accounts that have opened or closed in the last ten years.

PM Shehbaz son Hamza acquitted in Rs16 billion money laundering case

The prosecution, however, bears the burden of proof in this case, according to Amjad Pervaiz.

The special court had issued arrest warrants for Suleman Shehbaz, the son of Prime Minister Shehbaz Sharif, in the case after extending interim bail for Shehbaz Sharif and Hamza Shahbaz till May 28 during the previous hearing on May 21.

PM Shehbaz Sharif told the court that despite having a legal right, he had never collecte his pay, TA, and DA from the national kitty, which amounts to roughly Rs70 to Rs80 million. The prime minister inquired whether he would be willing to launder just Rs2.5 million.

Money Laundering case

\”I am accuse of laundering Rs2.5 million in this case,\” the prime minister state. The prime minister claimed that his family had incurred a loss of Rs2 billion. But he refused to provide subsidies to the sugar mills.

After the judge permitted them, he and Hamza Shahbaz afterward exited the courtroom.

The FIA filed a challan against Shehbaz and Hamza before the special court in December 2021. Alleging that they were laundering Rs16 billion in the sugar scam case.

According to the FIA report filed to the court, the investigative team \”detected 28 benami accounts of the Shehbaz family through which money laundering of Rs16.3 billion was committe from 2008-18,\” according to the FIA report filed to the court. The Financial Industry Regulatory Authority (FIA) looked into the money trail of 17,000 credit transactions.\”

Man Arrested for Creating Fake Account of PM Shehbaz Sharif on Twitter 

Prohibited Funding Was Taken By PTI Rules Election Commission Of Pakistan
Sidra Asim

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