File photograph of Shahbaz Sharif
As no different case is pending towards him in the court docket, Shahbaz, who served as Punjab CM from 2008 to 2018, will likely be free of the Kot Lakhpat jail in Lahore.
- PTI Lahore
- Last Updated:April 14, 2021, 22:22 IST
- FOLLOW US ON:
A Pakistani court docket on Wednesday granted bail to Opposition chief and PML-N President Shahbaz Sharif, eight months after he was arrested in Rs 7 billion (USD 41.9 million) cash laundering and belongings past means instances. As no different case is pending towards him in the court docket, 69-year-old Shahbaz, who served as chief minister of Punjab from 2008 to 2018, will likely be free of the Kot Lakhpat jail Lahore following his bail in each instances.
The Lahore High Court (LHC) granted bail to the youthful brother of deposed prime minister Nawaz Sharif after listening to arguments from the defence and prosecution. The court docket directed Shahbaz to submit two surety bonds price PKR 5 million every. The nation’s anti-graft physique National Accountability Bureau had alleged that Shahbaz’s household had belongings of round PKR 16.5 million until 1990, which elevated to over PKR 7 billion in 2018 which had been disproportionate to his recognized sources of earnings. The NAB has already file a case towards Shahbaz in the accountability court docket. Shahbaz’s counsel instructed the court docket that since no investigation was pending towards him in these instances because the NAB had already filed a case towards him, he needs to be granted bail.
Shabaz is accused of beneficiary of belongings held in the identify of his members of the family and ‘benamidars’ (in whose identify a benami property is standing) who had no sources to amass such belongings. Benami properties are these in which the true beneficiary just isn’t the one in whose identify the property has been bought.
NAB says: “Shahbaz and other suspects committed offences of corruption and corrupt practices as envisaged under the provisions of the National Accountability Ordinance 1999 and money laundering as delineated in the Anti-Money Laundering Act 2010.” A complete of 20 folks had been nominated in the case. The different essential suspects are Shahbaz’s spouse Nusrat, his sons Hamza (Leader of Opposition in Punjab) and Suleman (who’s absconding in the UK), and his daughters Rabia Imran and Javeria Ali. Three-time prime minister of Pakistan Sharif has been in London since November 2019 on ‘medical grounds’. The Imran Khan authorities has declared Sharif an absconder and cancelled his passport. Sharif left the nation after the court docket granted him bail in the Al-Azizia Mills corruption case in which he was present process seven years imprisonment in Kot Lakhpat jail Lahore. He was additionally granted four-week bail on medical grounds to have his remedy overseas. The authorities declared him an absconder after he didn’t justify prolonging his keep in London.
Read all of the Latest News and Breaking News right here
