Money laundering case: LHC grants Shehbaz pre-arrest bail

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LAHORE:  The Lahore High Court on Wednesday granted pre-arrest bail to Opposition Leader within the National Assembly Shehbaz Sharif within the belongings past means and cash laundering case filed by the National Accountability Bureau, reported Geo News.

According to Geo News, PML-N leaders Shahid Khaqan Abbasi, Ahsan Iqbal, Rana Sanullah, Fazal Chaudhry and Rana Arshad are additionally current on the courtroom for the listening to.

Earlier, authorities had cordoned off roads resulting in the courtroom to keep away from any mishap.

On June 1, Shehbaz’s authorized crew had filed a petition earlier than he was required to seem earlier than a mixed investigation crew of the National Accountability Bureau (NAB). However, the petition couldn’t be fastened for listening to earlier than the division bench, constituted to listen to NAB-related pleas, and Shehbaz didn’t seem earlier than the bureau too.

The PML-N chief’s petition is at No 2 on the cause-list of pressing circumstances earlier than the bench.

Shehbaz, in his petition, acknowledged that the corruption watchdog’s belongings past means inquiry towards him was based mostly on mala fide intentions because it had been initiated on the behest of the incumbent authorities. He added that the Bureau levelled fees towards him with none shred of proof as he had been declaring his belongings usually.

The PML-N chief added he was additionally arrested in the identical case in 2018 and he had totally cooperated with NAB investigators, nonetheless, the anti-graft physique didn’t current any proof towards him regarding misuse of powers or money-laundering, and many others.

Shehbaz’s lawyer acknowledged that his consumer had been declaring his belongings since he stepped into politics in 1988 and nothing had been hid ever. He refuted money-laundering allegations, saying the entire story was fabricated and concocted.

He added that in an inquiry or investigation, NAB couldn’t invoke the provisions of anti-money laundering regulation, including that allegations towards him had been of a documentary nature and all obligatory paperwork had already been supplied to the Bureau. Shehbaz additional acknowledged that he feared that NAB would possibly arrest him in reference to its pending inquiries, which might hinder him from performing his duties because the opposition chief within the National Assembly.