–NAB accuses suspect of laundering money for Sharif family, himself
LAHORE: The National Accountability Bureau’s (NAB) on Saturday arrested yet another employee of the Sharif family for his alleged role in facilitating the Sharif family in corruption via the use of a benami account.
According to the details, Rashid Karamat, an employee of Hamza Shehbaz Sharif since 2007, allegedly represented himself as the owner of the company — M/s Nisar Trading Concern through which multiple members of the Sharif family drew monetary benefits.
According to the prosecution, the company was established with the funds of the accused nominated in the case, including Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif and his sons Hamza and Suleman whereas a review of the suspect’s bank account had revealed transactions worth Rs450 million,
The NAB officials thus deduced that the suspect had been playing an “important role” in money laundering for the Sharif family.
According to NAB, Karamat not only provided a channel to the accused in the case for laundering money, but also committed the financial crime himself.
Members of the Shehbaz Sharif family face multiple accountability cases pertaining to alleged ownership of assets beyond their means and alleged involvement in corrupt practices. NAB claims that assets worth Rs3.3 billion have been identified so far as illegally accumulated by Hamza, Suleman and their father Shehbaz. It alleges that the entire family committed massive money laundering in the name of foreign remittances and loans.