LAHORE: The Nationwide Accountability Bureau (NAB) on Thursday detected one other $2.9 million alleged cash laundering transactions of PML-N President Shehbaz Sharif’s sons – Hamza and Salman.
“Hamza Shehbaz (opposition leader in Punjab Assembly) and Salman Shehbaz had laundered $2.9m through 18 persons, most of them never visited the United Kingdom,” an official supply instructed Daybreak on Thursday.
All of the suspects concerned in facilitating Shehbaz’s sons had no report within the Nationwide Database and Registration Authority (Nadra), thus NAB has termed them ‘ghost remitters’.
They’ve been recognized as Faiz Rasool, Muhammad Saqib, Muhammad Shakoor, Pervaiz, Muhammd Kamal, Muhammad Sarwar, Muhammad Kashif, Anees Mughal, Faisal Rasool, Iftikhar, Nisar Ahmed, Bashir, Noor Alam, Muhammad Moosa, Younas, Umer Hussain, Mansoor and Anjum Ali.
Bureau to make recent proof a part of reference
“Through the Usman Exchange Company this laundering of $2.9m through 177 transactions was made by Hamza and Salman,” he stated, including the NAB would make the brand new proof a part of the reference filed towards the Shehbaz household.
In accordance with a recent NAB report, “Not only have the family members of Shehbaz Sharif accepted and utilised foreign remittances from ‘fake/ghost’ remitters all of them have duly acknowledged their receipts into their personal bank accounts in black and white. They signed the bank’s ‘Due Diligence Forms’ for inward remittances and also Form R required under the Foreign Exchange Regulation Act. These 177 fake foreign remittances in the name of fake foreign investment remitters coming from them either from business relations, cousins or friends for the purpose of investment in business.”
An accountability court docket final week had indicted Chief of Opposition in Nationwide Meeting Shehbaz Sharif and Hamza Shehbaz and eight different suspects in a Rs7 billion reference of cash laundering and property past means.
Denying the fees as false and fabricated, Mr Shehbaz stated he had been victimised on political grounds. He stated all of the instances pending towards him had been engineered by his political opponents.
Because the suspects pleaded not responsible, the decide directed the NAB to current its witnesses on the following listening to for his or her proof.
The reference primarily accused Shehbaz of being a beneficiary of the property held within the identify of his members of the family and benamidars, who had no sources to accumulate such property.
The reference stated Shehbaz and his household did not justify the sources of funds used for acquisition of property.
Each Shehbaz and Hamza are in Kot Lakhpat jail on judicial remand. Salman is absconding within the UK.
Printed in Daybreak, November 20th, 2020