Money laundering case: Pak court reserves verdict over bail plea of PM Shehbaz Sharif | World News

Pakistan particular court on Saturday reserved the verdict on the bail pleas of Prime Minister Shehbaz Sharif and Punjab Chief Minister Hamza Shahbaz in a cash laundering case. The father-son duo utilized for an extension within the bail plea and the choose of the particular central court reserved the verdict after arguments from the prosecutor and the suspects concluded, ARY News reported. Before Court`s verdict, many developments befell on this case which immediately or not directly have an effect on the case. The prosecutor within the cash laundering case towards Prime Minister Shehbaz Sharif, fell unconscious amid a listening to in a banking court.

The prosecutor, Farooq Bajwa was moved to a companies hospital for medical therapy. However, he has recovered and is wholesome. Furthermore, the Sharif household`s famend servant Malik Maqsood famously often known as `Maqsood Chaprasi` had handed away on Thursday. Maqsood was nominated within the cash laundering case towards Shehbaz Sharif and his household.

Former Accountability advisor Shehzad Akbar had claimed that hundreds of thousands of unaccounted-for cash had been present in Maqsood`s financial institution accounts, reported ARY News. Moreover, on May 10, a former Federal Investigation Agency Director Dr Rizwan, who was investigating the cash laundering case towards Shehbaz Sharif, had handed away as a consequence of a coronary heart assault. Earlier, on June 5, the court prolonged their interim bail till immediately.

During the listening to, Federal Investigation Agency (FIA) requested the court to permit the arrest of the Sharif duo. Federal Investigation Agency (FIA) in December 2021 had submitted the challan towards Shehbaz and Hamza earlier than the particular court for his or her alleged involvement in laundering an quantity of Rs 16 billion within the sugar rip-off case.

The FIA report added that the quantity was stored in “hidden accounts” and given to Shehbaz in a private capability. The FIA had booked them within the case underneath sections of the Pakistan Penal Code, the Prevention of Corruption Act, and the Anti-Money Laundering Act in November 2020.

Live TV

Leave a Reply

Your email address will not be published.

Friday MEGA MILLIONS® jackpot is $660 million