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LHC rejects Hamza Shehbaz’s bail plea in money laundering case

MM News Staff by MM News Staff
February 12, 2020
LAHORE: The Federal Investigation Agency (FIA) has summoned Pakistan Muslim League-Nawaz (PML-N) leader Hamza Shahbaz in the Rs25 billion money laundering case.

LAHORE: The Federal Investigation Agency (FIA) has summoned Pakistan Muslim League-Nawaz (PML-N) leader Hamza Shahbaz in the Rs25 billion money laundering case.

LAHORE: The Lahore High Court on Tuesday rejected a bail petition of Pakistan Muslim League-Nawaz (PML-N) leader Hamza Shehbaz in the money laundering case.
LHC Justice Syed Muzahir Ali Akbar Naqvi and Justice Sardar Ahmed Naeem heard the case in which the bench rejected the bail petition filed by the PML-N leader.
During the hearing, the lawyer of Hamza Shehbaz, Salman Aslam Butt said that his client was being subjected to political revenge.
The lawyer claimed that the National Accountability Bureau (NAB) was also involved in the act. He was kept in custody for 189 days and was granted bail by the LHC in Ramzan Sugar Mills case.
In the year 2018, Hamza’s assets were found to be worth Rs410 million. He could not prove assets worth Rs380 million, and the money was laundered to Dubai and England, and 40 individuals were involved in the money laundering.

Read more: Money laundering case: AC allows NAB to probe Hamza Shehbaz

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