PM Shehbaz granted permanent exemption from appearance in money laundering case
The Lahore’s accountability court on Tuesday granted Prime Minister Shehbaz Sharif a permanent exemption from appearing in the Rs16 billion money laundering case.
Judge Qamar-us-Zaman heard the case and accepted the PM Shehbaz Sharif’s petition to exempt him from the hearings and authorised the PM to appoint a representative to appear in court on his behalf.
The court sought a response from NAB on Hamza Shehbaz’s request for permanent exemption accepted his request for one-day attendance waiver.
The FIA booked PM Shehbaz and his sons Hamza and Suleman in Nov 2020 under sections 419, 420, 468, 471, 34 and 109 of Prevention of Corruption Act and r/w 3/4 of Anti Money Laundering Act.
According to the FIA report submitted to the court, the investigation team has “detected 28 benami accounts of the Shehbaz family through which money-laundering of Rs16.3bn was committed during 2008-18. The FIA examined the money trail of 17,000 credit transactions.”
The report added that the amount was kept in “hidden accounts” and “given to Shehbaz Sharif in a personal capacity”. “This amount (Rs. 16 billion) has nothing to do with the sugar business (of Shehbaz family),” it claimed.