Thursday, June 8, 2023

NAB Declares Shehbaz Sharif, Son Hamza and Others Innocent in Rs7 Billion Money Laundering Case

  • NAB declares Shehbaz Sharif and others innocent in a money laundering case worth Rs7 billion.
  • The accountability court postponed the hearing of the case till May 24.
  • Accused denied all allegations and proved their innocence in the court.

The National Accountability Bureau (NAB) has declared Prime Minister Shehbaz Sharif, his son Hamza Shehbaz, and other accused innocent in a money laundering case worth Rs7 billion. The accountability court in Lahore heard the case on Wednesday and NAB submitted a supplementary report for the money laundering reference.

During the hearing, the legal representative of PM Shehbaz appeared in the court, where NAB acquitted the prime minister, his son, and other people who were indicted in the case. Earlier, the bureau had declared PM Shehbaz and his family guilty in Rs7 billion references of money laundering and assets beyond means. However, the latest verdict in their favor has cleared them of all charges.

NAB had claimed that accused PM Shehbaz, in connivance with his co-accused family members, benamidars, front men, close associates, employees, and moneychangers, had developed an organized system of money laundering for the accumulation of assets disproportionate to his known sources of income to the tune of Rs7.3 billion. However, the accused denied all allegations and proved their innocence in the court.

This verdict has provided relief to the accused and their supporters. However, it has also raised questions about the accountability process in the country and the impartiality of the accountability watchdog.


Also Read: Supreme Court Declares Imran Khan’s Arrest “Illegal”: Major Relief for PTI Chairman

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