Daily The Business

AC approves physical remand of Hamza

By Our Special Correspondent

LAHORE: Accountability court on Wednesday has approved physical remand of Opposition Leader in Punjab Assembly Hamza Shehbaz in Ramzan Sugar Mills, money laundering and assets beyond means cases for 15 days.
During the hearing, the National Accountability Bureau’s officials requested the court for 15-day physical remand of the Pakistan Muslim League-Nawaz (PML-N) leader for interrogation.
On the occasion, strict security arrangements were made to avoid any untoward situation while entrance of irrelevant people was also banned.
Meanwhile, a medical board conducted complete checkup of Hamza and declared him fit. On June 11, National Accountability Bureau (NAB) detained Hamza Shahbaz as the Lahore High Court (LHC) turned down his applications for extension in the interim bail.
The development allowed National Accountability Bureau to further investigate into corruption charges against him, and in this regard, a special team shifted him to the bureau’s headquarter at Thokar Niaz Baig in Lahore.
As the hearing resumed, Salman Butt, the defense counsel for Hamza, argued that according to the National Accountability Bureau ordinance, the bureau could not issue arrest warrants unless an inquiry over the matter is completed. He further stated that in this case, the investigation into money laundering case was still ongoing and his client was coordinating with the investigation team.
Contrarily, the National Accountability Bureau prosecutor stated that Hamza’s arrest warrants were issued according to the law as the Financial Monitoring Unit had found his involvement in the money laundering. Moreover, the prosecutor submitted complete details of assets of Shehbaz Sharif’s family members in the court with an argument that their assets were beyond their known sources of income.

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. AcceptRead More

Privacy & Cookies Policy