PML-N chief Shehbaz Sharif arrested after LHC dismisses bail petition

The Lahore High Court (LHC) has rejected the bail application of Shehbaz Sharif, President Muslim League-Nawaz (PML-N). He has been arrested by the NAB officials from the LHC.

Shehbaz Sharif arrested

The Lahore High Court (LHC) has rejected the bail application of Shehbaz Sharif, President Muslim League-Nawaz (PML-N). He has been arrested by the NAB officials from the LHC. He is to be shifted to the NAB headquarters for further investigation. Shehbaz is accused of money laundering and misuse of authority while he was the Chief Minister of Punjab.

The police are deployed outside the court to stop PML-N’s workers from entering into the court premises. Previously, LHC had extended interim bail of Shehbaz Sharif till September 22 in a money laundering case. The local administration also ensured stringent security arrangements to avoid any untoward incident.

On June 1, Shehbaz Sharif had filed a bail plea in LHC to avoid arrest in assets beyond means and money laundering cases. The opposition leader, in his plea, took the stance that NAB might arrest him in a pending inquiry. The anti-corruption watchdog prepared the case with malicious intentions, Shehbaz stated.

Sharif family’s money laundering

According to the NAB investigation report, the Chief Financial Officer of the Sharif family Muhammad Usman laundered money for the Shehbaz family.

Muhammad Usman started working for the Sharif family in 2005 at Ramzan Sugar Mills for Rs 90,000 per month. In 2006, the Nawaz family acquired Hudaibiya Engineering from the Shehbaz family and in 2007, the Shehbaz family made more companies, including the Sharif Feed Mill, to expand their business.

The bank accounts of Shehbaz Sharif’s wife Nusrat Shehbaz and his sons were used for foreign remittances and loans. On the direction of Salman, Waqar Trading Company made fake foreign remittances of Rs 600 million.


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