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Shahbaz Sharif gets bail in money laundering case Top Story April 15, 2021 LAHORE: The Lahore High Court (LHC) on Wednesday granted bail to Leader of Opposition in the National Assembly Shahbaz Sharif in assets beyond means and money laundering case. The court directed Sharif to submit two surety bonds of Rs5 million to avail the relief. The division bench comprising Justice Sardar Muhammad Sarfraz Dogar and Justice Asjad Javaid Ghural heard the post-arrest bail petition filed by the PML-N leader. As the proceedings started, NAB prosecutor Faisal Bukhari advanced his final arguments and opposed Sharif’s bail plea. He submitted that Shahbaz Sharif family inherited Ramzan Sugar Mills only whereas their assets were about Rs16.5 million before 1990. However, their assets reached Rs7 billion in 2018 and there were nine Benamidars who owned many assets, he added. ....
Hamza gets bail after nearly two years Top Story February 25, 2021 LAHORE: Leader of the Opposition in the Punjab Assembly Hamza Shahbaz was granted bail by the Lahore High Court (LHC) on Wednesday, 20 months after the lawmaker was arrested in an assets-beyond-means and money-laundering case. A two-member bench, headed by Justice Sardar Muhammad Sarfraz Dogar, directed Hamza to submit two surety bonds of Rs10 million each to avail relief while hearing a post-arrest petition filed by the Pakistan Muslim League-Nawaz (PML-N) leader. During the proceedings, National Accountability Bureau’s (NAB) prosecutor Faisal Bukhari resumed his arguments and stated that Hamza Shahbaz possessed assets of “a few lakh rupees in 2003” whereas his assets reached “Rs537 million in 2018”, in addition to alleged illegal transactions of millions of rupees in his accounts. ....
Shahbaz says saved $650 bn Chiniot Mines national assets Top Story January 7, 2021 LAHORE: PML-N President and National Assembly Opposition Leader Shahbaz Sharif while presenting crucial testimony concerning the Chiniot Mines at the NAB court, said that the agreement done in 2007 was in violation of the law. During the proceedings of the NAB court in the money laundering case, Shahbaz came to the rostrum, and thanked the court for issuing orders regarding his medical needs. He requested for 3 minutes to present his case because he wanted to personally present important details regarding the Chiniot Mines. He said that the contract was awarded without any bidding to an American citizen who was the brother of Pervez Musharraf s secretary. He said that he exposed these violations, not NAB. ....
LAHORE: PML-N President and National Assembly Opposition Leader Shahbaz Sharif while presenting crucial testimony concerning the Chiniot Mines at the NAB court, said that the agreement done in 2007. ....