Details of money laundering reference against 20 people including Shehbaz Sharif’s family have come to light in the accountability court.
According to details, BOL News has received details of 20 more persons including Shehbaz Sharif and his family in the money laundering case.
According to the details received, Mian Shehbaz Sharif with the help of his family has developed a complete system of money laundering and assets have been created in excess of income, while Shehbaz Sharif, Hamza Shehbaz , Salman Shehbaz’s family, front men, employees and anonymous Money laundering was carried out with the connivance of the people.
According to the details obtained, apart from Shehbaz Sharif and his family, the 20 persons who have been declared as accused include accused Masroor, accused Shoaib, accused Fazal Dad Abbasi, accused Muhammad Usman, accused Shahid Rafique, accused Aftab Mahmood, accused Syed Muhammad Tahir Naqvi, accused Syed Tahir Naqvi, accused Nisar Ahmed and accused Ali Ahmed.
According to the accountability court reference, so far Shehbaz Sharif and other accused have damaged the national exchequer by laundering money of Rs 7.32 billion while Shehbaz Sharif, Hamza Shehbaz and Salman Shehbaz set up 9 industrial units between 2008 and 2018.
The reference said, accused Haroon Yousuf is accused of money laundering of Rs. 22 crore 25 lakh and 91 thousand. It may be recalled that the accused Haroon Yousuf is the son-in-law of Mian Shehbaz Sharif and is running Haroon Yousuf & Yousuf General Trading Company.
It was stated in the reference that Shehbaz Sharif as a public representative in 1990 declared his and his family’s assets worth Rs. 2.1 million which become 5.96 billion in 2018.
So far, the value of Shahbaz Sharif’s family assets has reached 7.32 billion.
The accused in the reference laundered money of Rs. 2.4 million through anonymous companies Good Nature Trading Company, Unitas Steel Pvt. Ltd. and Nisar Trading.
According to the reference text, accused Qasim Qayyum has been laundering black money of the accused through unregistered money exchange and depositing money in the accounts of Nusrat Shehbaz , Hamza Shehbaz, Salman Shehbaz, Rabia Imran and Jawariya Ali through fake TTs.