Hamza is currently the chief minister of Punjab province, while Suleiman is absconding and is living in Britain. In its investigation, the FIA has unearthed 28 alleged benami accounts of the Shahbaz family through which money laundering of Rs 14 billion was done from 2008 to 2018. During the hearing, Shahbaz said, “I have not taken anything from the government in 12.5 years and in this case I am accused of money laundering of Rs 25 lakh. Neither newspaper quoted him as saying, “Allah has made me the Prime Minister of this country. I am a Majnu (goofy) and I had not taken my legal rights, my salary and benefits. ,
Shahbaz first became the Chief Minister of Punjab in 1997. At that time his brother Nawaz Sharif was the Prime Minister of the country. After the overthrow of the Nawaz Sharif government by General Pervez Musharraf in 1999, Shahbaz spent eight years in exile in Saudi Arabia with his family before returning to Pakistan in 2007. He became the Chief Minister of Punjab for the second time in 2008 and came to power for the third time in 2013.
Shahbaz told the court, “My family has suffered a loss of two billion rupees due to my decision. I am telling you the reality. Even when my son’s ethanol production plant was being set up, I decided to levy duty on ethanol. Due to that decision, my family suffered a loss of Rs 80 crore annually. Shahbaz’s counsel argued that the money laundering case filed by the previous Imran Khan-led government was “politically motivated” and “based on malicious intent”.
The special court had on May 21 issued an arrest warrant against Suleman in the case after extending the interim bail of Shahbaz and Hamza till May 28 during the last hearing.
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(This news has not been edited by NDTV team. It has been published directly from Syndicate feed.)
