LAHORE, Sep 30(ABC): Prime Minister Shehbaz Sharif Friday briefly appeared before Special Court (Central) in a Rs16 billion money laundering case filed by the Federal Investigation Agency (FIA) against him and his son, Hamza Shahbaz.
The prime minister and his son, a leader of the PML-N, had secured bail in the case in July after submitting bail bonds worth Rs1 million each.
During today’s hearing, Hamza did not appear before the court as he had sought exemption on medical grounds. Moments into the hearing, the prime minister also sought exemption as he had “important” matters to attend to.
Today’s hearing
At the outset, the premier’s lawyer, Amjad Pervaiz, told the court that his client will appear before it in a while. Shortly after, the premier arrived at the hearing.
Starting his arguments, Pervaiz said that the first information report (FIR) registered against his clients mentioned they were involved in money laundering worth Rs25 billion from 2008-2018 through fake companies.
“The allegations are general in nature. The FIR also mentions that the Sharif Group’s companies were used for money laundering. However, in those 10 years, Shehbaz was neither the director nor a shareholder of those companies.”
The FIR, Pervaiz said, was lodged after investigation and the initial paragraphs of the report do not mention Shehbaz.
The lawyer told the court that it is up to an individual whether they decide to keep movable or immovable property with them. At this, judge Aijaz Awan noted that they should declare it otherwise it becomes black money.
“If such is the case, the FIA would have taken action. This FIR was lodged in the previous government’s tenure. The court, with regards to the cases lodged in the previous government’s tenure, has already said that FIA was used for political engineering,” the lawyer pointed out.
In the FIR, it isn’t mentioned that low-paid employees claimed that they opened bank accounts on Shehbaz’s directions, Pervaiz told the court.
Pervaiz said that the prosecution claims that Shehbaz was involved in hiding Rs4 billion that he was able to get through selling sugar, however, we will still have to review the FIR to confirm whether this comes in the FIA’s jurisdiction or not.
“The FBR [Federal Board of Revenue] or the income tax department can take action in this matter,” he said.
“They (prosecution) use the name of Sharif group for political purposes. The name Sharif Group is not registered under the companies ordinance,” he added.
