Pakistan court declares son Suleman of Prime Minister Shehbaz Sharif to be perpetrator in money laundering case – Times of India

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ISLAMABAD: A Pakistani court on Friday declared the youngest son of Prime Minister Shehbaz Sharif, Suleman. shehbazo and another person declared violators in a money laundering case.
The Lahore Special Court (Central-I) declared Suleman and Tahir Naqvic proclaimed offenders after failing to appear despite a summons, dawn newspaper reported.
The Federal Investigation Agency (FIA) had booked Shehbaz and his sons Hamza and Suleman under the Prevention of Corruption Act and Anti Money Laundering Act in November 2020.
Arrest warrants were issued for Suleman and Naqvi on May 28. At the same hearing, the court also issued arrest warrants for another suspect, Malik Maqsood alias Maqsood ‘Chaprasi’, who died in the United Arab Emirates last month.
On June 11, the FIA ​​had released a report on arrest warrants without bail issued against Suleman, Naqvi and Maqsood. In its report, the FIA ​​had stated that the orders could not be carried out because Suleman was not at his address and had gone abroad.
During Friday’s hearing, the court asked for details about Suleman and Naqvi’s properties, as well as Maqsood’s death certificate.
The court also accepted the request to grant Prime Minister Shehbaz a one-time exemption from attending the hearing, but ordered that he appear in court at the next hearing.
The hearing was then adjourned to July 30.
The FIA ​​brought charges against Shehbaz and Hamza to a special court in December 2021 for their alleged involvement in the money laundering of Rs 16 billion in the sugar scam case.
“The investigative team has uncovered 28 benami accounts belonging to the Shehbaz family that laundered money of Rs 16.3 billion in 2008-18. The FIA ​​has investigated the money trail of 17,000 credit transactions,” according to an FIA report submitted to the court.
The amount was held in “hidden accounts” and given to Shehbaz in a personal capacity, the report added.
This amount (16 billion rupees) has nothing to do with the sugar trade (of the Shehbaz family), it claimed. The money Shehbaz received from the accounts of low-paid workers was transferred through hundi/hawala networks outside Pakistan, and was ultimately intended for the beneficial use of his family members, the FIA ​​has claimed.
“Eleven low-paid employees of the Sharif group who ‘owned and possessed’ the laundered proceeds on behalf of the prime suspect have been found guilty of facilitating money laundering. The three other co-defendants of the Sharif group have also actively facilitated money laundering,” the agency said.





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