Special Central Court (SCC) Lahore has accepted interim bail pleas of Prime Minister (PM) Shahbaz Sharif, Chief Minister (CM) Punjab Hamza Shahbaz against two surety bonds in the sum of Rs 10 lac each in money laundering case.
\nThe court has confirmed the interim bails of the other co-accused against the surety bonds in the sum of Rs 2 lac each.
\nPM said while appearing in the court that he has nothing to do with any sugar mill. I don\u2019t draw salary I
\nam neither CEO nor share holder. This all is pack of lies. NAB went to Supreme Court (SC) against me
\nand when the court sought evidence then it fled.<\/p>\n
PM Shahbaz Sharif, CM Punjab Hamza Shahbaz appeared in the SCC Lahore Saturday in money
\nlaundering case. <\/p>\n
FIA prosecutor Farooq Bajwa while presenting report told the court the three accused are not present
\non the given addresses . <\/p>\n
The court inquired from FIA the news item is running on TV that co-accused Malik Maqsood has
\npassed away. <\/p>\n
FIA Prosecutor replied the death of Malik Maqsood has not been confirmed officially so far. We have
\nwritten to Interpol for confirmation. As per media report Malik Maqsood has passed away. <\/p>\n
The court inquired how will then we declare Malik Maqsood proclaimed offender. <\/p>\n
The court ordered to initiate proceedings to declare Tahir Naqvi and Suleman Shahbaz proclaimed
\noffender. <\/p>\n
During the hearing of the case PM said while recording his statement, grave charges have been levied
\nagainst me. I have appeared in the court dozens of time. I want to tell the court some thing. FIA delayed
\nthe challan to find way to arrest me. <\/p>\n
The judge of SCC questioned from PM \u201c have you no share in sugar mills. <\/p>\n
Shahbaz Sharif said \u201c neither I am owner nor director or share holder of sugar mill. If I was to commit
\ncorruption or to do money laundering then I would have taken benefit what I could have enjoyed
\nlegally. If I was to get into the black business of money laundering then why I would have caused loss to
\nmy family sugar mills. I did not allow subsidy to sugar mill so that no financial burden is shifted to
\nnational kitty. <\/p>\n
He further stated \u201c I gave Bollan vehicles to the jobless poor people in 2011-12.These are 99.99 percent
\nare the same charges which were leveled by NAB. <\/p>\n
He said \u201c when I was opposition leader then NAB did not go to SC. Prosecution said this is not case of
\nmoney laundering and corruption. There can be nothing honorable thing for me than that I was
\nacquitted on merit. 4 judges remarked that no evidence was found of corruption and money laundering
\nand benami assets. When my bail plea came up before the court then 4 judges gave decision in my favor.
\nI said to FIA I will not give them reply verbal. I will give reply after consultation with my lawyers. When
\nI was in prison then the FIA conducted investigation twice. <\/p>\n
He added this is all pack of lies. My counsel has given all the arguments regarding my bail. No
\ncorruption case has been proved against me. God has bestowed the premiership on me twice. . <\/p>\n
FIA prosecutor Farooq Bajwa told the court the attitude of the accused was found positive during bail
\nperiod. It is correct that Shahbaz Sharif has no direct connectivity with Ramzan Sugar Mills. Shahbaz
\nSharif is neither director nor CEO. 4 suspicious transactions were found in Shahbaz Sharif account.
\nHamza Shahbaz who was MNA at that time was CEO of sugar mill. <\/p>\n
Later the court allowed Shahbaz Sharif and Hamza Shahbaz to go. <\/p>\n
The court reserved judgment on the bail pleas of the accused after completion of the arguments by the
\nLawyers and later the verdict was announced. <\/p>\n
The court ordered the accused to submit the surety bonds within 7 days. <\/p>\n","protected":false},"excerpt":{"rendered":"
Special Central Court (SCC) Lahore has accepted interim bail pleas of Prime Minister (PM) Shahbaz Sharif, Chief Minister (CM) Punjab Hamza Shahbaz against two surety bonds in the sum of Rs 10 lac each in money laundering case. The court has confirmed the interim bails of the other co-accused against the surety bonds in the […]<\/p>\n","protected":false},"author":2,"featured_media":265700,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[439,2274,369,3418,5862],"class_list":{"0":"post-265691","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national","8":"tag-bail","9":"tag-cm-punjab","10":"tag-hamza-shahbaz","11":"tag-money-laundering-case","12":"tag-pm-shahbaz-sharif"},"yoast_head":"\n