Hamza's physical remand extended by 15 days

Hamza has not been cooperating during questioning, claims NAB

An accountability court on Wednesday extended the physical remand of the Leader of the Opposition in the Punjab Assembly and Vice President of Pakistan Muslim League-Nawaz (PML-N) Hamza Shehbaz by 15 days.

The senior PML-N leader is accused in the Ramzan Sugar Mills corruption case and possessing assets beyond known means of income.

The National Accountability Bureau (NAB) officials will present the PML-N leader in court on July 24.

During Wednesday's hearing, the accountability watchdog said they were also investigating the funds in Hamza’s personal bank account.

NAB is also investigating property that was bought in Lahore’s Johar Town between 2013 and 2017 and is in the process of determning the accurate value of properties not mentioned in the Federal Board of Revenue records and Election Commission of Pakistan documents.

NAB prosecutors have claimed that the PML-N leader has not been cooperating during questioning.

Shehbaz, Hamza indicted in Ramzan Sugar Mills case

NAB further claims to have found evidence of money laundering on a massive scale through which Hamza and his family allegedly accumulated assets in the United Kingdom.

According to sources privy to NAB’s probe, the allegedly illegally accumulated assets are worth Rs85 billion to Rs100 billion and were bought during Shehbaz Sharif’s tenure as the chief minister of Punjab.

NAB claims to have found that Hamza’s declared assets in 2003 were worth less than Rs20 million, which increased by almost 2,000% to over Rs410 million after his father became the chief minister.