New money-laundering case adds to Hamza’s woes

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Why is Hamza Shehbaz a wanted man?
Why is Hamza Shehbaz a wanted man?

– NAB opens up case against PML-N president’s children for laundering extensive totals of cash

ISLAMABAD: The National Accountability Bureau (NAB has captured two people Qasim Qayyum and Fazal Dad Abbasi for encouraging the Sharif family, especially Shehbaz Sharif, his children Hamza and Suleman Shehbaz, in laundering enormous pieces of cash for the sake of “settlements”.

In an application submitted to a responsibility judge looking for remand of the blamed, NAB said it had propelled a request against the Sharif family in October a year ago for their supposed association in degenerate practices after a SBP [State Bank of Pakistan] report, dated Jan 12, 2018, uncovered “suspicious and money exchanges in the financial balances of Shehbaz and his children”.

In the light of continuous test, NAB Chairman Justice (r) Javed Iqbal on April 3 affirmed capture warrants of Qayyum and Abbasi; both were captured on April 4 following one day. The pair was then created in a Lahore responsibility court, which permitted NAB to arrest them for 15 days to additionally explore into the supposed trick.

“Qayyum and Abbasi are engaged with the demonstrations of defilement and degenerate practices by helping and abetting co-denounced Hamza and Suleman among others in washing the assets which were lopsided to their known wellsprings of Income,” NAB asserted in its intrigue to the court.

Notwithstanding supposedly laundering cash for Sharif they were additionally purportedly in charge of “imaginary passages of remote settlements apparently sent by different people to their co-blamed,” NAB notified the responsibility judge.

As per the guard dog, Qasim Quyyum was running an “illicit remote trade business at Lahore’s Sadiq Plaza at Mall Road and Ali Tower, MM Alam Road, from 2005 to 2018.”

It guarantees further: “Qayyum used to gather money from the workplace of Suleman in Model Town alongside his representatives and orchestrate imaginary outside settlements (Telegraphic Transfers) in the financial balance of co-charged people, including Shehbaz and his children. He, with the conspiracy of others, utilized CNICs of his representatives so as to indicate them as phony remitters”.

In the mean time, co-charged Fazal Dad Abbasi, an old worker of Sharif Group, has been working with Suleman Shehbaz since 2005.

The NAB expressed that according to the money related checking report, the said exchanges were worth billions. “He [also] used to gather money from various sources and hand over to blamed Qasim Quyyum.” The charged affirmed guiltless as the court sent them on 15-day physical remand. The blamed will be created under the steady gaze of the court on April 19.

This new case has included Sharif scion’s tragedies, who has as of now in NAB’s radar for inclusion in Ramzan Sugar Mills and Saaf Pani Company cases.

He, alongside his sibling Salman, is blamed for stealing Rs200 million from open assets so as to fabricate a scaffold profiting Ramzan Sugar Mills — of which he is a chief — in Chiniot. The cash, as indicated by NAB, was discharged by then boss priest of Punjab Shehbaz Sharif, who is likewise a suspect for the situation.

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