LHC To Take Up Shehbaz Sharif’s Bail Plea In Money Laundering Case


LHC to take up Shehbaz Sharif’s bail plea in money laundering case

The latest reports say Shehbaz Sharif has personally reached Lahore High Court to seek bail in money laundering case against him.

LAHORE: (UrduPoint/Pakistan Point News-Sept 22nd, 2020) The Lahore High Court (LHC) will hear the bail petition of Pakistan Muslim League-Nawaz (PML-N) President and Opposition Leader in National Assembly (NA) Shehbaz Sharif seeking bail in money laundering case today (Tuesday).

A LHC division will hear the bail petition of PML-N Chief.

Shehbaz Sharif personally appeared before the Lahore High Court and the latest reports said that he had appeared again today before the bench.

Previously, Shehbaz Sharif secured interim bail till Sept 22 (today) in money laundering case pleading the court that the NAB could arrest him in assets beyond means and money laundering cases. The Opposition leader had also stated that anti-corruption watchdog had prepared the case with malicious intentions as he has been declaring his assets regularly.

The court had earlier issued arrest warrants for Shehbaz’s wife Nusrat Shehbaz and his daughter Rabia Imran over continuous absence in money laundering case. Nusrat Shehbaz and Rabia Imran were due before an accountability court on Sept 29 at every cost.

“This PTI government is doing nothing but taking revenge,” said Shehbaz Sharif while talking to the reporters on occasion of his appearance before the high court.

He said: “ I have always served the people of Punjab with sincerity,”.

The PML-N Chief also went on to say that 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.

Fida Hussnain

Fida Hussnain is a lahore based journalist. He writes on politics, religion, social issues and climate change. He is also a research fellow at University of Gujrat.