LAHORE: Opposition Leader National Assembly Shahbaz Sharif and Leader of Opposition Punjab Assembly Hamza Shahbaz today appeared in court for hearing of money laundering case as both the accused have been charged with money laundering of Rs 25 billion.
According to details, Shahbaz Sharif and Hamza Shahbaz appeared in the banking court in Lahore today. The FIA presented the investigation record of money laundering of Rs 25 billion before the court.
Dr. Rizwan, Director, Federal Investigation Agency (FIA), while briefing the court about the case, said that the sugar inquiry commission was formed last year. The commission report said that sugar mills were involved in financial fraud.
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FIA Director Dr. Rizwan said that the Federal Investigation Agency was called for an inquiry. During the inquiry, accounts in the name of 20 poor people came to light. The FIA director said that so far 57 accounts have come to light in the names of 20 employees. These accounts opened in 2008 and closed in 2018. Rs 27 billion was transacted in 13 fake names in the accounts.
The Banking Court Judge asked how long it would take you to complete the inquiry. FIA Director Dr. Rizwan said the accused were not cooperating in the investigation. Shahbaz Sharif termed the FIA briefing as a misrepresentation.
