Prime Minister Shehbaz Sharif appeared before Special Court Lahore in the Rs16 billion money laundering case filed by the FIA against him and his son Hamza Shahbaz.
In today’s hearing, the prime minister’s lawyer, Amjad Pervaiz said that the FIR registered against his clients mentioned they were involved in money laundering worth Rs25 billion from 2008-2018 through fake companies.
“The allegations are general in nature. The FIR also mentions that the Sharif Group’s companies were used for money laundering. However, in those 10 years, Shehbaz was neither the director nor a shareholder of those companies.”
The chief justice of the previous government remarked that NAB was used as a tool for ‘political engineering. Regarding the FIR Premier’s lawyer said it was lodged after investigation and the initial paragraphs of the report do not mention Shehbaz Sharif.
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The lawyer told the court that it is up to an individual whether they decide to keep movable or immovable property with them. At this, judge Aijaz Awan noted that they should declare it otherwise it becomes black money.
Interrupting his lawyer, Prime Minister Shehbaz Sharif said he wanted to speak. On which court allowed him. While speaking in court PM Shehbz said “I was requested to provide subsidy to sugar mills, but I refused. I refused as the amount (that would be used for subsidy) was of the poor people in Punjab,”
The PM termed the money laundering case against him as “fake” and said that he never provided a subsidy to sugar mills.
Later on, PM Shehbaz requested the judge that he has some important business meetings and have to inaugurate the new By-Pass project in Islamabad, which the court allowed him.
The hearing has been adjourned until 8 October 2022.