LAHORE: Pakistan Muslim League-Nawaz (PML-N) President and Opposition Leader in National Assembly (NA) Shehbaz Sharif on Monday has appeared before accountability court in money laundering case. During the proceedings, the court heard arguments from both parties and adjourned the hearing till September 29.
While talking to media outside the court, Shehbaz Sharif said that the incumbent government of Pakistan Tehreek-e-Insaf (PTI) is taking political revenge from PML-N leaders. I have always served the people of Punjab with sincerity, he added.
Previously, Shehbaz Sharif and his daughter Javeria had appeared before the court and recorded their statements. The PML-N leader told the court that his decisions had badly affected the business of former Prime Minister (PM) Nawaz Sharif.
According to the NAB investigation report, Chief Financial Officer of Sharif family Muhammad Usman laundered money for the Shehbaz family.
Muhammad Usman started working for the Sharif family in 2005 at Ramzan Sugar Mills for Rs 90,000 per month. In 2006, the Nawaz family acquired Hudaibiya Engineering from the Shehbaz family and in 2007, the Shehbaz family made more companies, including the Sharif Feed Mill, to expand their business.
The bank accounts of Shehbaz Sharifs wife NusratShehbaz and his sons were used for foreign remittances and loans. On the direction of Salman, Waqar Trading Company made fake foreign remittances of Rs 600 million.
The entire amount was transferred to Salman Shehbazs personal account via cheque but it is not known where Salman receives his money from.
On June 1, Shehbaz Sharif had filed a bail plea in LHC to avoid arrest in assets beyond means and money laundering cases.
The opposition leader, in his plea, took the stance that NAB might arrest him in a pending inquiry. The anti-corruption watchdog had prepared the case with malicious intentions as he has been declaring his assets regularly, Shehbaz stated.
The petition, which was filed through Advocate AmjadPervaiz, stated that Shehbaz Sharif started his business in 1972 and played an important role in agriculture, sugar and textile industries and joined politics in 1988 for the betterment of the society.
Plea further added that NAB had launched an inquiry, under political influence of the current government, with allegations of general nature.
A team of NAB Lahore officials had arrived at the residence of opposition leader MianShehbaz Sharif for his arrest but left empty handed.