Banking court on Tuesday has conducted hearing on a case pertaining to money laundering through sugar mills against Pakistan Muslim League-Nawaz (PML-N) President and Opposition Leader in National Assembly (NA) Shehbaz Sharif and his son Hamza Shahbaz.
During the hearing, Shehbaz Sharif said there is nothing in the challan presented by Federal Investigation Agency (FIA) against him.
Meanwhile, the judge reprimanded the PML-N president over baselessly arguing with him. I am not arguing but telling you the truth, Shehbaz Sharif responded.
Previously, FIA had submitted details of 45 bank accounts of Shehbaz Sharif, his sons Hamza and Salman Shahbaz in money laundering case.
The concerned officials told that the accused may be sentenced to seven years in jail with fine and seizure of properties.
Earlier, FIA had submitted a challan against Shehbaz Sharif and Hamza Shahbaz and declared them as prime accused.
Shehbaz Sharif had termed the allegations of money laundering and kickback as baseless. Daily Mail’s lawyer had confessed to not having enough evidence during the proceedings in British court, he added.
NAB prosecutor said that London’s verdict has nothing to do with this case.
PML-N president had also submitted an appreciation letter of Chinese ambassador in the court on which, NAB prosecutor raised objections.
On November 11, 2020, Mian Shehbaz Sharif and his son Hamza Shehbaz Sharif were indicted in money laundering reference by accountability court.
All the accused in the case pleaded not guilty. Shehbaz Sharif, while rejecting allegations of the anti-graft watchdog, said that he was being politically victimized.