Money laundering case: Physical Remand of Hamza Sharif Extended for 14 days
Accountability court Lahore on Wednesday, extended Hamza Shahbaz’s physical remand for 14 days in assets beyond means and money laundering cases.
In the hearing, court ordered NAB to produce Hamza Sharif on September 4, 2019.
Hearing of assets beyond means and money laundering cases against Punjab Assembly Opposition Leader Hamza Shahbaz, was held in an accountability court in Lahore on Wednesday by Judge Naeem Arshad.
Hamza Shahbaz was produced before the court after completion of his physical remand.
NAB requested for extension in the physical remand of the opposition leader, to proceed further with the investigations.
According to NAB, Swiss bank transactions have also been requested.
Court objected that National ID cards are verified over foreign transactions. How was money laundering committed in the presence of legal procedures?
The bench was further told by NAB how the money was laundered and which individuals were involved.
NAB told the court that a suspect named Rana Zaheer transferred 10 million into Salman Shahbaz’s account.
After listening to the statements of Investigation officer and lawyer, court extended Hamza Sharif’s physical remand till September 4, 2019.
In the last hearing, National Accountability Bureau (NAB) initiated fourth inquiry against Hamza Shahbaz in Punjab Assembly.
Hamza Shahbaz was inquired by NAB for not showing his investments in the Chaudhary Sugar Mill.
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