NAB summons Shehbaz Sharif in money laundering case

According to a confidential investigation report by the Daily Mail in July 2019, millions of pounds were transferred into the bank accounts of Shehbaz’s family members, including his wife, children and son-in-law.

shehbaz

The National Accountability Bureau (NAB) has summoned Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif in a money laundering case tomorrow.

The accountability bureau has said that between 1998 to 2018, Shehbaz’s family assets grew from Rs.23 million to Rs.549 billion. “As a public office holder Shehbaz needs to explain the increase in his assets,” NAB said.

The accountability watchdog has also asked Shehbaz to submit bank details along with the loan taken from Barclays between 2005 to 2007.

Read more: Shahzad Akbar threatens to go public with evidence against Shehbaz Sharif

Furthermore, NAB has also sought details of all the gifts received and given by the family, details of agriculture income from 2008 to 2019 and details about the utilization of Shehbaz’s Model Town residence as chief minister’s camp house.

Last year in December, NAB had issued orders to freeze 23 pieces of property belonging to the former Punjab chief minister and his sons Hamza and Suleman Shehbaz over the allegation that they acquired assets beyond their means and committed money laundering.

According to the accountability bureau, an investigation against Shehbaz, Hamza, Suleman and others for the offence of “corruption and corrupt practices” had revealed that Shehbaz had acquired properties in the name of his wives Nusrat Shahbaz Sharif and Tehmina Durrani.

Money Laundering case against PML-N President Shehbaz Sharif

According to a confidential investigation report seen by the Daily Mail, millions of pounds were transferred into the bank accounts of Shehbaz’s family members, including his wife, children and son-in-law. It states to have interviewed key witnesses held on remand in jail, including a UK citizen, Aftab Mehmood, who claims that he had laundered millions on behalf of Shahbaz’s family from a nondescript office in Birmingham – without attracting suspicion from Britain’s financial regulators, who inspected his books regularly.

According to Daily Mail, investigators are convinced that some of the allegedly stolen money came from the Department for International Development (DFID)-funded aid projects. For rehabilitating and rebuilding lives of the poor, the DFID gave £54 million from UK taxpayers; and the legal documents allege that Shehbaz’s son-in-law received about £1 million from that fund.

As per claims by the Daily Mail, Britain’s National Crime Agency has been working closely with Pakistani investigators and Home Secretary Sajid Javid discussing the possible extradition of members of his family, who have taken refuge in London.

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