BR100 Increased By (0.93%)
BR30 Increased By (1.42%)
KSE100 Increased By (0.53%)
KSE30 Increased By (0.58%)
BECO 6.09 Increased By ▲ 0.32 (5.55%)
BML 53.40 Increased By ▲ 0.40 (0.75%)
BOP 34.30 Increased By ▲ 0.31 (0.91%)
CNERGY 8.18 Increased By ▲ 0.07 (0.86%)
DCL 12.15 Decreased By ▼ -0.05 (-0.41%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.19 Increased By ▲ 0.12 (2.37%)
FFL 18.10 Increased By ▲ 0.15 (0.84%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 10.91 Increased By ▲ 0.03 (0.28%)
KEL 8.14 Increased By ▲ 0.12 (1.5%)
KOSM 5.36 Decreased By ▼ -0.16 (-2.9%)
MLCF 87.79 Increased By ▲ 1.28 (1.48%)
NBP 187.20 Increased By ▲ 2.04 (1.1%)
PACE 10.72 Increased By ▲ 0.14 (1.32%)
PAEL 39.75 Increased By ▲ 0.33 (0.84%)
PIAHCLA 26.18 Decreased By ▼ -0.04 (-0.15%)
PIBTL 17.41 Increased By ▲ 0.74 (4.44%)
PPL 231.50 Increased By ▲ 3.32 (1.45%)
PRL 35.01 Increased By ▲ 0.33 (0.95%)
PTC 67.60 Increased By ▲ 2.27 (3.47%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.10 Increased By ▲ 0.50 (1.88%)
TELE 8.66 Increased By ▲ 0.38 (4.59%)
THCCL 58.25 Decreased By ▼ -0.25 (-0.43%)
TPLP 8.85 Increased By ▲ 0.63 (7.66%)
TREET 24.56 Increased By ▲ 0.03 (0.12%)
TRG 71.40 Increased By ▲ 1.69 (2.42%)
WAVES 10.00 Increased By ▲ 0.06 (0.6%)
WTL 1.28 No Change ▼ 0.00 (0%)

LAHORE: An accountability court on Tuesday adjourned the proceedings in case of former chief minister Punjab Hamza Shahbaz against freezing the assets of his family members till April 27.

The court asked the counsel of Prime Minister Shehbaz’s family to submit his detailed arguments on next hearing. An accountability court had frozen the assets of PM Shehbaz Sharif, his wife Nusrat Shehbaz, son Hamza Shahbaz and other family members.

Prime Minister Shahbaz Sharif and his family members have been facing a reference of assets beyond means. The NAB alleged that the family members and benamidars of PM Shehbaz received fake foreign remittances of billions in their personal bank accounts.

In addition to these remittances, the bureau said, billions of rupees were also laundered by way of foreign pay orders which were deposited in the personal bank accounts of Hamza Shahbaz and Suleman Shahbaz. Shahbaz, his wife Nusrat and sons Hamza and Suleman had been indicted in the case. Being out of the country, Nusrat joined the trial proceedings through a pleader with the permission of the court.

Copyright Business Recorder, 2023

Comments

Comments are closed for this article.