Home National Chaudhry brothers laundered money by way of phony information: NAB report

Chaudhry brothers laundered money by way of phony information: NAB report

by News Updater
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In response to a NAB report submitted to the Lahore Excessive Courtroom in property past means case, Chaudhry Shujaat Hussain and his household had property price Rs 2.1 million in 1985 however amazingly the property jumped to over Rs 518.four million in 2019.
Chaudhry Shujaat Hussain additionally collected properties price Rs 123 million whereas his sons supplied over Rs 1.5 billion loans to their very own firms.
Rs581 million transferred to the accounts of Shujaat’s sons from overseas however they failed to offer cash path, stated the report.
Chaudhry Pervez Elahi additionally collected properties price Rs 250 million and his household acquired Rs 978 million from overseas by way of unnamed accounts.
Earlier on June 17, the Lahore Excessive Courtroom (LHC) had directed the Nationwide Accountability Bureau (NAB) to submit feedback on petitions filed by PML-Q leaders Chaudhry Shujaat Hussain and Chaudhry Pervaiz Elahi.
An LHC bench headed by Justice Sardar Ahmed Naeem had heard the petitions difficult the powers of NAB chairman Justice (retd) Javed Iqbal.



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