Interim bails of Shehbaz, son in money laundering case extended

LAHORE: A banking court in Lahore Saturday extended the interim bails of PML-N chief Shehbaz Sharif and his son Hamza Shehbaz until October 9 in the money laundering case.

During the hearing, Federal Investigation Agency presented five boxes of evidence against the suspects.

When the court asked FIA how much more time it needed to complete the investigation. the agency accused the father, son duo of not cooperating in the probe and said they pleaded ignorance when asked of the vast sums transferred to their personal accounts.

The director further informed the court that several bank accounts were opened on names of lower staff of Ramzan Sugar Mills.

Responding to accusations of the agency, Sharif said he was hurt by the statement of the FIA officer as his lawyers responded to all questions of the investigation agency.

The PML-N leader went on to say that when he was the chief minister of Punjab, he took steps that did not benefit sugar mills, and in doing so, caused financial losses to his family.

“I caused losses of billions [of rupees] to my family. I did not violate the law and Constitution,” he maintained. Shehbaz further claimed that he was yelled at when he visited the FIA office.

The court directed Shehbaz and Hamza to cooperate with the FIA in the inquiry and adjourned the hearing after extending their bails.

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