Sugar scam case: Fawad shares details of alleged corruption by Shehbaz, Hamza

Web Desk BOL News

09th Oct, 2021. 02:15 pm
Shehbaz Sharif Hamza Shehbaz NAB

Shehbaz Sharif Hamza Shehbaz NAB

ISLAMABAD: Federal Minister for Information and Broadcasting Fawad Chaudhry, on Saturday, shared details of alleged money laundering by companies of Leader of the Opposition in National Assembly (NA) Shehbaz Sharif and his son Hamza in sugar scam case.

Sharing a document on Twitter, he said, “Shehbaz and Hamza had been granted bail till October 30 for a money laundering of Rs25 billion in the Sugar Mills case.”

“See the details of these accounts. This is just one of their many corruption cases,” Chaudhry added. “Then they say that PTI is always harping about accountability.”

According to Chaudhry, Sharifs had opened fake accounts in the names of several lower staffers through which they transacted money worth billions of rupees.

“It has been revealed that total deposits, amounting to over Rs25 billion, were received in at least 57 fictitious ID bank accounts opened in the name of 20 low-wage employees of the Ramzan Sugar Mills Limited (RSML) of the Sharif Group of Companies and other fictitious companies set up and controlled for the benefit of the Sharif family,” read the shared document.

The PML-N leaders are facing Rs25 billion money laundering charges in the sugar scandal. The FIA had booked them in the case under sections of the Pakistan Penal Code, the Prevention of Corruption Act and the Anti-Money Laundering Act in November 2020.

‘No evidence against Shehbaz Sharif and Hamza Shehbaz’

Speaking to the media, Pakistan Muslim League-Nawaz (PML-N) leader Ataullah Tarar said that the nation’s money and time were being wasted in the case as there was no evidence against Shehbaz and Hamza.

Referring to a UK court’s order, announced in September, that claimed to have found no evidence of suspicious bank transactions in Shehbaz Sharif’s account over the past 20 years, Tarar said, “The British court also declared Shehbaz Sharif an honest and trustworthy person.

“The allegations levelled by the Federal Investigation Agency’s (FIA) allegations against the sharifs were simply rejected by the UK court, he stressed.

Tarar said his party was cooperating in the investigation as Shehbaz appeared before the court. “When the court sought evidence, they could present no document in support of their claims. The FIA never ran such a protracted case against anybody,” he claimed.

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