FIA ordered to submit challan in Ramzan Sugar Mills case


LAHORE:

A banking courtroom in Lahore on Saturday prolonged the pre-arrest bails of Leader of Opposition within the National Assembly Shehbaz Sharif and his son Hamza Shehbaz within the Ramzan Sugar Mills cash laundering case until December 11.

It additionally ordered the Federal Investigation Agency to submit their challan within the subsequent listening to.

During the proceedings, Judge Tahir Sabir requested the FIA officers relating to progress made on the drafting of the challan.

Judge Sabir reminded the FIA officers that within the earlier listening to the courtroom had ordered that the challan be submitted on November 20.

The FIA prosecutor replied that the co-suspects within the case had obtained pre-arrest bails as a result of which the investigation was not but accomplished.

The choose requested the prosecutor to submit the interim challan on the premise of the investigation performed to this point.

The courtroom ordered the FIA to submit the challan on the subsequent listening to (Dec 11) in any other case show-cause notices shall be issued towards the involved officers.

During the listening to, Shehbaz instructed the courtroom that he had “nothing to do with Ramzan Sugar Mills” because it was owned by his father.

Read Two sugar mills sealed over ‘law violation’

“My children’s sugar mills suffered billions of rupees losses because of me,” he mentioned, including that the National Accountability Bureau was additionally listening to the identical case.

Judge Sabir instructed Shehbaz that the bench had famous down his factors.

The FIA had booked Shehbaz, Hamza and Suleman Shehbaz in November 2020 below sections 419, 420, 468, 471, 34 and 109 – monetary fraud, impersonation and forgery – of the Pakistan Penal Code and 5(2) and 5(3) – felony misconduct – of Prevention of Corruption Act and r/w 3/four of Anti Money Laundering Act.

According to the FIR, deposits of over Rs25 billion (2008-18) had been acquired in financial institution accounts of assorted low-wage workers of Ramzan Sugar Mills and Al-Arabia Sugar Mills and accounts of pretend firms arrange and managed by the Sharif Group.

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