‘Money Laundering Case’, judicial remand of Hamza Shehbaz extended till Jan 31

LAHORE: The Accountability Court (AC) has extended the judicial remand of Opposition Leader in Punjab Assembly and Pakistan Muslim League-Nawaz leader Hamza Shehbaz till 31 January in money laundering case.

AC Judge, Justice Ameer Muhammad Khan conducted the hearing. The Judge directed the investigation officer of the case to file a reference against Hamza Shehbaz as soon as possible.

It is pertinent to mention here that Hamza Shehbaz was arrested by National Accountability Court (NAB) in assets beyond mean case, after Lahore High Court (LHC) turned down his applications for extension in interim bail.

In the year 2018, Hamza’s assets were found to be worth Rs410 million. He couldn’t prove assets worth Rs380 million, and the money was laundered to Dubai and England, and 40 individuals were involved in the money laundering.

On 9th April, Hamza and his father and PML-N President Shehbaz were accused by the court in the same case. Both accused denied the charges against them and maintained that they had saved Rs2,300 billion, assuring that the money was not misused.