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LHC grants bail to Shahbaz Sharif in money laundering reference

Lahore: The Lahore High Court (LHC) has granted bail to opposition leader in National Assembly Shehbaz Sharif in money laundering reference.

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LHC grants bail to Shahbaz Sharif in money laundering reference
LHC grants bail to Shahbaz Sharif in money laundering reference

According to details, a two member bench of LHC comprising Justice Sardar Muhammad Sarfraz Dogar and Justice Asjad Javed Ghural granted bail to Pakistan Muslim League-Nawaz (PML-N) leader.

The court has ordered Shahbaz Sharif to submit two indemnity bonds worth Rs. 5 million each.

Background

The National Accountability Bureau (NAB) on June 11, 2019 arrested Leader of Opposition in Punjab Assembly Hamza Shahbaz from the premises of Lahore High Court (LHC) in connection with money laundering and holding assets beyond means.

On February 11, 2020, LHC rejected Hamza Shahbaz's bail plea in illegal assets and money laundering cases.

The anti-corruption watchdog filed a money laundering reference against Pakistan Muslim League-Nawaz (PML-N) President Shahbaz Sharif, Hamza Shahbaz, Salman Shabaz and other family members in the accountability court o n August 17, 2020.

On August 20, 2020, an accountability court of Lahore approved the money laundering reference for hearing against Shahbaz Sharif and his family.

On September 28, 2020, Opposition Leader in National Assembly Shehbaz Sharif was taken into custody after Lahore High Court (LHC) rejected his bail plea in connection with money laundering case.

Shabaz Sharif was previously arrested on October 05, 2018, in connection with Ramzan Sugar Mills and Ashiana Housing Scheme cases.

On November 11, 2020, Shehbaz Sharif and Hamza Shehbaz Sharif were indicted in money laundering reference by accountability court.

The Lahore High Court (LHC) on February 24, 2021 ordered to release Pakistan Muslim League-Nawaz (PML-N) leader Hamza Shahbaz from jail. The verdict was announced by a two-member bench headed by Justice Sarfraz Dogar. Court ordered opposition leader in provincial assembly to submit two indemnity bonds worth one million each.

On March 26, 2021, Shehbaz Sharif moved bail petition through his counsel Amjad Pervaiz in which it was stated he is in jail for months and it will take time to conclude the trial in the case.

“All records are with the anti-corruption watchdog and no recovery was due to be made in the case. Shehbaz Sharif is unable to fulfill his constitutional responsibilities as opposition leader in national assembly due to being jailed. He is continuously attending the hearing, hence the court is requested to issue his release on bail,” the petition added.

About the reference

NAB has accused Sharif family of accumulating assets worth Rs. 7,328 million, in the last 30 years without justifying the means of income.

The accountability bureau has nominated 20 people in the reference including Shahbaz Sharif’s wife Nusrat, his sons Hamza and Suleman, and daughters Rabia Imran and Javeria Ali. Suleman Shahbaz and his sister Rabia Imran have been declared proclaimed offenders in the case already.

NAB has accused the former chief minister of committing corruption by involving his family members, front men, employees, close fellows and moneychangers. The anti-graft watchdog further alleged that the PML-N President created an organized system of money-laundering formulated fake sources of income to justify the assets acquired beyond known sources of income.

As per NAB, the corruption falls under the National Accountability Ordinance 1999 and money laundering as outlined in the Anti-Money Laundering Act 2010.

The other nominated accused in the case are Nisar Ahmad, Ali Muhammad Khan, Muhammad Shoaib Qamar, Qasim Qayyum, Syed Muhammad Tahir Naqvi, Masroor Anwer, Muhammad Usman, Rashid Karamat, Fazal Dad Abbasi and Haroon Yousafzai.

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Polling underway for Swat PK-7 byelection

Four major candidates compete for the KP assembly seat

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Polling underway for Swat PK-7 byelection

Swat: The polling process is underway for the byelection in the Khyber Pakhtunkhwa constituency of PK-7 in Swat.

The seat, which fell vacant after the demise of ANP MPA Waqar Khan, is being contested by four major candidates: Hussain Ahmed from ANP, Fazal Mullah from PTI, and two independent candidates.

A total of 183,308 registered voters in the constituency are expected to exercise their electoral rights, including 102,088 male and 91,220 female voters.

The ECP completed its arrangements Saturday evening, setting up 124 polling stations with 308 booths.

The polling started without any delays Sunday morning and will continue until 5 pm.

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Business

PIA resumes Lahore-Kuala Lumpur flight operation

"The PIA was already operating two weekly flights from Islamabad to Kuala Lumpur."

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PIA resumes Lahore-Kuala Lumpur flight operation

Islamabad: The Pakistan International Airlines (PIA) on Sunday resumed Lahore-Kuala Lumpur flight operation after providing the same facility in Islamabad as the coronavirus restrictions eased.

“After Islamabad, the PIA has now resumed flights from Lahore to Malaysia. The first flight left Lahore for Kuala Lumpur this morning,” PIA spokesman Abdullah Hafeez Khan said in a news release.

On this occasion, a simple cake-cut ceremony was held at the Lahore Airport and bouquets were presented to the passengers.

The PIA, the spokesman said, was already operating two weekly flights from Islamabad to Kuala Lumpur.

He said the national flag carrier was gradually increasing the number of its domestic and international flights on special instructions of Minister for Aviation Khawaja Saad Rafique.

Meanwhile, the Aviation Minister said the PIA was increasing the number of flights to different tourist destinations aimed at facilitating passengers during summer vacations.

“Now, the PIA is providing direct access to tourist destinations at home and abroad from Lahore,” Saad Rafique said.

He said flights from Lahore to Gilgit and Skardu were also being operated and “now flights to Baku and Kuala Lumpur have also been arranged.”

The minister said the purpose of these flights was to provide direct and comfortable travel facilities to the people through their national airlines.

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Pakistan

PM Shehbaz Sharif felicitates COAS on conferment of King Abdulaziz Medal

"it was a great honour for the people and the armed forces of Pakistan"

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PM Shehbaz Sharif felicitates COAS on conferment of King Abdulaziz Medal

Islamabad: Prime Minister Muhammad Shehbaz Sharif on Sunday extended felicitation to Chief of Army Staff (COAS) General Qamar Javed Bajwa on conferment of ‘King Abdulaziz Medal of Excellence’ in recognition for his contributions to strengthening of defence ties between the brotherly countries of Pakistan and Saudi Arabia.

On his Twitter handle, the prime minister said that it was a great honour for the people and the armed forces of Pakistan.

The prime minister said that they considered KSA’s security as their own and resolved to further cementing of multifaceted bilateral ties between the two countries.

Saudi Crown Prince Mohammad bin Salman bin Abdulaziz Al Saud, Deputy Prime Minister and Defence Minister, has conferred upon Chief of Army Staff (COAS) General Qamar Javed Bajwa, the King Abdulaziz Medal of Excellence, for making significant contributions in defence cooperation between the two countries.

Inter Services Public Relations (ISPR) in a press release on Sunday said that during an official visit to Kingdom of Saudi Arabia, the COAS called on Crown Prince Mohammad bin Salman bin Abdulaziz Al Saud and Chief of General Staff (CGS) Saudi Armed Forces General Fayyadh Bin Hamed Al-Ruwaili at Jeddah.

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