BAFL 46.54 Decreased By ▼ -0.21 (-0.45%)
BIPL 21.30 Increased By ▲ 0.15 (0.71%)
BOP 5.64 Increased By ▲ 0.11 (1.99%)
CNERGY 5.07 Increased By ▲ 0.17 (3.47%)
DFML 19.50 Increased By ▲ 0.68 (3.61%)
DGKC 81.51 Increased By ▲ 1.51 (1.89%)
FABL 31.25 Increased By ▲ 0.40 (1.3%)
FCCL 20.55 Increased By ▲ 0.16 (0.78%)
FFL 9.67 Increased By ▲ 0.11 (1.15%)
GGL 14.23 Increased By ▲ 0.26 (1.86%)
HBL 121.20 Increased By ▲ 3.25 (2.76%)
HUBC 124.19 Increased By ▲ 0.39 (0.32%)
HUMNL 8.08 Increased By ▲ 0.13 (1.64%)
KEL 3.57 Increased By ▲ 0.06 (1.71%)
LOTCHEM 28.71 Increased By ▲ 0.16 (0.56%)
MLCF 42.90 Increased By ▲ 0.80 (1.9%)
OGDC 121.75 Increased By ▲ 0.74 (0.61%)
PAEL 19.32 Increased By ▲ 0.48 (2.55%)
PIBTL 5.88 Increased By ▲ 0.18 (3.16%)
PIOC 114.75 Increased By ▲ 1.04 (0.91%)
PPL 109.20 Increased By ▲ 0.85 (0.78%)
PRL 29.58 Increased By ▲ 1.76 (6.33%)
SILK 1.08 Increased By ▲ 0.01 (0.93%)
SNGP 70.81 Increased By ▲ 1.41 (2.03%)
SSGC 13.90 Increased By ▲ 0.65 (4.91%)
TELE 8.85 Increased By ▲ 0.06 (0.68%)
TPLP 13.77 Increased By ▲ 0.12 (0.88%)
TRG 95.05 Increased By ▲ 3.11 (3.38%)
UNITY 27.25 Increased By ▲ 0.59 (2.21%)
WTL 1.60 Increased By ▲ 0.03 (1.91%)
BR100 6,617 Increased By 72.8 (1.11%)
BR30 23,523 Increased By 312.3 (1.35%)
KSE100 64,274 Increased By 355.8 (0.56%)
KSE30 21,480 Increased By 128.3 (0.6%)

LAHORE: An accountability court on Monday extended physical remand of two accused, allegedly involved in money laundering for Shehbaz Sharif family, till June 10.

Accountability Court Judge Syed Jawadul Hassan conducted the case proceedings wherein National Accountability Bureau (NAB) officials produced Fazal Dad and Qasim Qayyum on expiry of their remand term.

The investigation officer submitted a progress report and stated that investigation was in progress and further physical remand was required for the purpose.

However, the defence counsel opposed the remand plea and submitted that all allegations levelled against the accused were baseless.

The court, after hearing detailed arguments from the parties, extended the physical remand till June 10 and directed for producing the accused on expiry of the remand term.

The bureau had arrested Fazal Dad, Qasim Qayyum and Shahid on allegations of money laundering for Shehbaz Sharif family.

Fazal Dad has been an employee of Shehbaz Sharif family since 2005, and he transferred massive amounts in the accounts of Shehbaz Sharif family members, the bureau claimed.

The bureau further alleged that Qasim Qayyum was a money changer and he illegally transferred massive foreign currency amounts in accounts of Shehbaz family members.

Copyright APP (Associated Press of Pakistan), 2019

Comments

Comments are closed.