PM, son acquitted in money laundering case

An accountability court docket on Thursday acquitted Prime Minister Shehbaz Sharif and his son former Punjab chief minister Hamza Shehbaz alongside different co-accused in a cash laundering case.

Saying the reserved verdict, nevertheless, Choose Raja Qamar uz Zaman additionally issued perpetual arrest warrants for the PM’s daughter Rabia Imran for her sustained failure to look earlier than the court docket.

Notably, Shehbaz Sharif, his spouse Nusrat Shehbaz and youngsters Hamza, Salman and Rabia have been among the many 16 people accused within the corruption reference.

In line with the reference, the accused had been concerned in a cash laundering scandal amounting to over Rs7.32 billion.

Shehbaz Sharif was accused of getting laundered over Rs5 billion and constructed property from it whereas Hamza was accused of laundering round Rs1 billion.

Learn Court docket seeks reply on Suleman’s acquittal plea

Earlier this month, PM Shehbaz and his son moved motions within the accountability court docket for his or her acquittal in cash laundering references filed by the Nationwide Accountability Bureau (NAB) throughout the rule of the Pakistan Tehreek-e-Insaf (PTI) social gathering.

Of their functions filed by Amjad Pervaiz, Shehbaz and Hamza have contended that NAB filed a false and fabricated case and that the accountability watchdog has no proof to show the case.

They said that they’d declared all their property—which have been acquired by authorized means—to the Federal Board of Income (FBR) and the Election Fee of Pakistan (ECP). They requested the accountability court docket to acquit them from the case.

Final 12 months, a particular central court docket acquitted PM Shehbaz and Hamza Shehbaz in one other cash laundering case price Rs16 billion.

The particular court docket decide had reserved the choice after listening to detailed arguments on the acquittal software of each the accused individuals. Nevertheless, after acquitting the aforesaid, the court docket summoned the remainder of the accused for framing of costs within the case.