A sessions court in Lahore on Monday expanded till August 16 the acting bond granted to PML-N leaders Shehbaz Sharif and Hamza Shehbaz in the sugar scam case, after the Federal Examination Agency (FIA) sent a record on their investigation right into the case.
Shehbaz as well as his boy, Hamza, are facing Rs25 billion money laundering charges in the sugar rumor. The FIA had actually booked them in case under areas of the Pakistan Penal Code, the Avoidance of Corruption Act as well as Anti-Money Laundering Act in November 2020.
Shehbaz as well as Hamza appeared on trial today upon expiry of the bond formerly given.
The advise for Shehbaz, the leader of resistance in the National Assembly (NA), told the court that a National Assembly session was to commence today (Monday) as well as last till August 13.
He even more stated that his customer had to participate in the NA session, and requested the court to defer the case’s hearing till after the session’s verdict.
At this, court Hamid Hussain stated that he was hearing the case in the ability of a duty court, as well as instructed Shehbaz’s advise to come close to a special court with the request.
Meanwhile, the advise for Hamza informed the court that the FIA had released a show-cause notice to the PML-N leader and also a reaction had actually been submitted.
The court asked the rep of the FIA authorities participating in the hearing about the development made in the investigation, at which the authorities sent a report concerning the probe.
According to the report, Shehbaz and Hamza are the proprietors of Ramzan Sugar Mills, which was utilized for “large scale cash laundering”.
The report declared that concrete proof was offered to show the claims against the implicated. It further said that the PML-N leaders had actually executed deals through “dubious checking account” between 2008 as well as 2018.
The FIA, in its report, additionally elevated the problem that if the implicated were permitted to remain out on bond, “it is very most likely that they will restrain the key witnesses/records concerning the possible transfer of laundered proceeds”.
The record explained that “three key facilitators” of cash laundering in case, namely Suleman Shehbaz Sharif, Syed Muhammad Tahir Naqvi and Malik Maqsood Ahmed have already “absconded” to the United Kingdom and United Arab Emirates and that there was an opportunity of Shehbaz and also Hamza doing the same as well.
On these premises, the FIA asked for the court in the record to dismiss the pre-arrest bond requests of the PML-N leaders.