No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
No Result
View All Result
No Result
View All Result

Suleman Shehbaz declared absconder in money-laundering case

Zain Aijaz by Zain Aijaz
July 15, 2022
in Featured, Latest News, National, News, Top News
Reading Time: 1 min read
Suleman Shehbaz declared absconder in money-laundering case
Share on FacebookShare on Twitter

LAHORE: On Friday, the youngest son of Prime Minister Shehbaz Sharif, Suleman Shehbaz has been declared an absconder by the Federal Investigation Agency (FIA) in the money-laundering case of Rs16 billion. A Special Court (Central – I) conducted the hearing. The court has also summoned Prime Minister Shehbaz Sharif at the next hearing.

The case dates back to December 2021, when FIA issued challans against Hamza Shehbaz and Shehbaz Sharif. According to the investigation team, the Sharif family holds 28 hidden accounts and committed money-laundering of Rs16 billion from 2008 to 2018. The report by FIA states that 17,000 transactions were examined, and Shehbaz received the amount in his personal capacity.

At today’s hearing, Hamza remained present, but the premier requested for exemption. Despite being called multiple times, Suleman Shehbaz and Tahir Naqvi remained absent today. The court declared both of them absconders and demanded details of their assets.

The court has also directed DG FIA to initiate a departmental investigation against officers involved who were investigating the case. It further demanded the death certificate of Maqsood, an accused who died a few days ago.

Reportedly the court will indict the father-son pair, Prime Minister Shehbaz Sharif and Chief Minister Hamza Shehbaz, on July 15 in the money-laundering case.

Zain Aijaz

Zain Aijaz

Zain is a media student and a writer by passion. He is a certified creative writer from Wesleyan University and enthusiastically writes on non-fiction and political satire. He is vastly experienced in the field of theatre and has served as a theatre mentor across different institutions. Currently, he is a contributor at The Upcut and can be reached at zainaijazdehlvi@gmail.com

Related Posts

Child dead, six people missing after flash flood swept car at M9 link road
Featured

Child dead, six people missing after flash flood swept car at M9 link road

August 18, 2022
Jacqueline Fernandez faces money laundering and extortion charges; may face boycott from Bollywood
Entertainment

Jacqueline Fernandez faces money laundering and extortion charges; may face boycott from Bollywood

August 18, 2022
UK signs deal with Pakistan to deport criminals
Latest News

UK signs deal with Pakistan to deport criminals

August 18, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

TOP NEWS

Child dead, six people missing after flash flood swept car at M9 link road

Child dead, six people missing after flash flood swept car at M9 link road

by Zain Aijaz
August 18, 2022

KARACHI: A 10-year-old child has passed away in a drowning incident after a family of seven members went missing. Their...

Jacqueline Fernandez faces money laundering and extortion charges; may face boycott from Bollywood

Jacqueline Fernandez faces money laundering and extortion charges; may face boycott from Bollywood

by Zain Aijaz
August 18, 2022

The Enforcement Directorate (ED) has accused the popular Bollywood actress Jacqueline Fernandez of being involved in money laundering and extortion...

UK signs deal with Pakistan to deport criminals

UK signs deal with Pakistan to deport criminals

by News Desk
August 18, 2022

LONDON: The United Kingdom and Pakistan have inked a deal, which could have major consequences on the future of many...

IMF-Pak

Govt to impose more taxes as Pakistan and IMF meet on August 29

by Zain Aijaz
August 18, 2022

ISLAMABAD: The coalition government has assured International Monetary Fund (IMF) that it would raise the petroleum development levy (PDL) to...

The Upcut is a news platform that brings you the latest news, developments from all walks of life, from all over the world. We cover Business, news from Pakistan and rest of the world, Sports, and Entertainment. You can also read Tech Reviews and How-To Guides for simple solutions and dailylife hacks.

BUSINESS   |   NATIONAL   |   WORLD   |   SPORTS   |   ENTERTAINMENT   |   TECH   |   HOW-TO GUIDES

  • Home
  • About Us
  • Privacy Policy
  • Editorial Guidelines
  • Contact Us
  • Stories

Copyright © 2022 The Upcut. All rights reserved.

No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories

Copyright © 2022 The Upcut. All rights reserved.