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NAB declares PM Shehbaz Sharif, others ‘innocent’ in money laundering case

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  • Accountability court postpones hearing till May 24.
  • PM failed to justify how family assets grew from Rs2m to Rs7bn.
  • PM’s wife, sons, two daughters amongst those nominated by NAB in money laundering case.

The National Accountability Bureau (NAB) has declared Prime Minister Shehbaz Sharif, his son Hamza Shehbaz and others “innocent” in Rs7 billion references against them for assets beyond means and money laundering filed against them by the anti-graft body.

During a hearing — which was heard by Judge Qamar-ul-Zaman at an accountability court in Lahore on Wednesday — the anti-graft body submitted a supplementary report for the money laundering reference.

PM Shehbaz’s legal representative Anwar Hussain appeared in the court, where NAB acquitted the prime minister, his son, and other people indicted in the case.

At the end of the hearing, the accountability court postponed the hearing of the case till May 24.

Earlier, the bureau had declared PM Shehbaz and his family guilty in Rs7 billion references of money laundering and assets beyond means.

NAB had claimed in references filed against the Shehbaz family that in the last 30 years, their assets had increased from Rs2 million to Rs7 billion which the family had failed to justify.

NAB had alleged that accused PM Shehbaz, in connivance with his co-accused family members, benamidars, front men, close associates, employees, and moneychangers, had developed an organised system of money laundering for the accumulation of assets disproportionate to his known sources of income to the tune of Rs7.3 billion.

Consequently, the accountability watchdog nominated PM Shehbaz, his wife Nusrat Shehbaz, sons Hamza and Suleman Shehbaz, and daughters Rabia Imran and Javeria Ali in the references.

Suleman is already a proclaimed offender in this case. The other nominated accused are Nisar Ahmad, Syed Muhammad Tahir Naqvi, Ali Muhammad Khan, Qasim Qayyum, Rashid Karamat, Masroor Anwar, Muhammad Usman, Fazal Dad Abbasi, Muhammad Shoaib Qamar, and Haroon Yousaf Aziz.

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Fazlur Rehman wants new elections to be held.

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Speaking to a crowd in Karachi, Maulana Fazlur Rehman claimed that meetings were “sold.” “President House and the Sindh Assembly were also sold,” he continued.

The head of JUI-F insisted on holding fresh elections right away in order to preserve the integrity of the democratic process.

He went on, “The results of the most recent elections are unacceptable and they were rigged.” In order to guarantee that the people’s opinion is heard and their mandate is honored, the JUI-chief called for new elections.

Additionally, Maulana Fazlur Rehman criticized the federal government’s foreign policy, including its position on Israel and Palestine. He declared, “We are being punished for standing with Palestine and against Israel.”

Speaking before a public assembly in Karachi, Maulana Fazlur Rehman asserted that gatherings were “sold”. He added, “Sindh Assembly and President House were sold.”

In order to safeguard the democratic process, the chairman of JUI-F asked that new elections be held immediately.

“It’s unacceptable that the results of the recent elections were rigged,” he stated. The JUI-chief demanded fresh elections in order to give the people’s voice a chance to be heard and their mandate to be respected.

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In the Toshakhana case, the PTI founder contests the NAB notification.

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The Islamabad High Court (IHC) was asked to set aside the NAB notice in a plea submitted by Imran Khan’s representatives, Salman Safdar, Usman Riaz, and Khalid Yousaf, according to the information.

Regarding the Toshakhana issue, NAB Rawalpindi called the PTI founder, who is detained, and his spouse, Bushra Bibi, on April 16.

Bushra Bibi, the former first lady of Pakistan, and Imran Khan, the founder of Pakistan Tehreek-e-Insaf (PTI), were the subject of a new investigation by the National Accountability Bureau (NAB) yesterday.

In a letter to the deputy superintendent of Adiala Jail and call-up notices to Imran and Bushra, the anti-graft body also asked for their attendance during the research.

Case of Toshakhana
In the Toshakhana case, an Accountability Court (AC) on January 31 imposed a 14-year prison sentence on the founder of Pakistan Tehreek-e-Insaf (PTI) and his spouse, Bushra Bibi.

AC Judge Muhammad Bashir delivered the decision. For ten years, the founder of PTI and his spouse were likewise prohibited from holding any public office.

A Rs. 787 million fine was also imposed by the judge.

Prior to this, in connection with the cipher case, Khan and his foreign minister Shah Mehmood Qureshi received 10-year prison sentences under the Official Secrets Act.

In a case concerning their marriage during the latter’s Iddat period, they were each given seven years in prison one day later.

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US Ambassador Donald Blome praises Maryam’s portrayal of the Chief Minister of Punjab.

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According to information, Maryam Nawaz was congratulated by the US envoy on being the first female Chief Minister of Punjab during their meeting.

America’s goal to deepen economic relations with Pakistan, especially in the areas of manufacturing, IT, and agriculture, was conveyed by Ambassador Bloom. Maryam’s people-oriented efforts and initiatives were commended by him, who called them “commendable”.

The ambassador received assurances from Chief Minister Maryam Nawaz that Punjab will offer a safe haven for US investment. She emphasised that a stable administration is essential to guiding Pakistan out of its economic crisis and welcomed US engagement in a number of areas.

The Chief Minister also emphasised how her government’s economic initiatives had reduced inflation.

That Maryam Nawaz and Donald Bloome are meeting for the second time is worth mentioning. It was before to her election as Punjab’s Chief Minister that the first meeting was held.

At Maryam Nawaz’s home in Murree, Senior Vice President of the Pakistan Muslim League-N, Donald Blome, the US Ambassador to Pakistan, had a meeting.

They talked on the value of cooperation in a number of sectors, including as commerce, the economy, security, peace, and regional stability, according to the details.

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