BR100 Decreased By (-0.4%)
BR30 Decreased By (-0.65%)
KSE100 Decreased By (-0.29%)
KSE30 Decreased By (-0.22%)
AGHA 6.56 Decreased By ▼ -0.11 (-1.65%)
BECO 4.40 Increased By ▲ 0.05 (1.15%)
BML 55.89 Decreased By ▼ -0.28 (-0.5%)
BOP 30.05 Decreased By ▼ -0.07 (-0.23%)
CNERGY 12.75 Decreased By ▼ -0.23 (-1.77%)
CSIL 5.21 Decreased By ▼ -0.10 (-1.88%)
FCCL 51.00 Decreased By ▼ -0.65 (-1.26%)
FFL 14.43 Decreased By ▼ -0.06 (-0.41%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 5.97 Decreased By ▼ -0.09 (-1.49%)
KOSM 5.58 Decreased By ▼ -0.26 (-4.45%)
LOTCHEM 26.15 Decreased By ▼ -0.02 (-0.08%)
MLCF 90.33 Decreased By ▼ -0.90 (-0.99%)
NBP 161.45 Decreased By ▼ -2.74 (-1.67%)
NCPL 52.55 Decreased By ▼ -0.63 (-1.18%)
NPL 57.98 Decreased By ▼ -1.14 (-1.93%)
OGDC 315.40 Increased By ▲ 2.01 (0.64%)
PACE 9.70 Decreased By ▼ -0.07 (-0.72%)
PAEL 34.73 Decreased By ▼ -0.51 (-1.45%)
PIBTL 14.23 Decreased By ▼ -0.48 (-3.26%)
PPL 221.00 Decreased By ▼ -0.36 (-0.16%)
PRL 90.89 Decreased By ▼ -0.33 (-0.36%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.39 Increased By ▲ 0.09 (0.39%)
TBL 8.65 Decreased By ▼ -0.10 (-1.14%)
TELE 7.40 Decreased By ▼ -0.21 (-2.76%)
TPL 21.00 Decreased By ▼ -1.03 (-4.68%)
TPLP 12.02 Decreased By ▼ -0.54 (-4.3%)
TREET 21.33 Decreased By ▼ -0.40 (-1.84%)
TRG 54.35 Decreased By ▼ -1.44 (-2.58%)
Pakistan

Court indicts Shehbaz Sharif's wife Nusrat in money-laundering case

  • Accountability court accepts Shehbaz’s plea seeking exemption from appearance
Published Updated

An accountability court in Lahore indicted on Friday Nusrat Shehbaz, wife of Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif, in a case pertaining to money-laundering.

Accountability court Judge Naseem Virk indicted Nusrat through a pleader and ordered that the National Accountability Bureau (NAB) witnesses be present in the next hearing. Last year, Nusrat was declared an absconder for her persistent non-appearance in the money-laundering case.

The proclamation, pasted on the court premises, said the suspect, Nusrat, has absconded and was deliberately hiding to avoid the execution of warrants.

Meanwhile, during the hearing today, the court accepted Shehbaz's plea for exemption from appearance in the case after it was informed he was unable to appear in person due to ill health.

Money-laundering reference: Shehbaz, son, others to be indicted again; Nusrat joins trial

According to a money-laundering reference filed by NAB, illegal assets worth Rs 3.3 billion had been identified so far owned by Hamza, his brother Suleman and their father Shehbaz. In money-laundering reference, a total of 20 persons have been nominated including four approvers - Yasir Mushtaq, Muhammad Mushtaq, Shahid Rafiq and Aftab Mahmood.

The main suspects are Shehbaz's wife Nusrat, his sons Hamza and Suleman and his daughters Rabia Imran and Javeria Ali.

The reference mainly accused Shehbaz of being a beneficiary of assets held in the name of his family members and benamidars who had no sources to acquire such assets. It said the family members and benamidars of the Shehbaz's family received fake foreign remittances of billions in their personal bank accounts. The reference further said the family of Shehbaz failed to justify the sources of funds used for the acquisition of assets.

Comments

Comments are closed for this article.