PML-N President Shehbaz Sharif. PHOTO: AFP/FILE
According to NAB, Rs112,625,114, had been transferred to Ahmed’s two bank accounts in 2016.
The amount was then transferred to the account of Salman Shahbaz, son of Shehbaz Sharif.
NAB investigations report further revealed that an amount of $769,511 was transferred to Ahmed in only a month’s time.
He also received over Rs20.8 million between September 30 and October 13.
An amount of Rs31.2 million was also transferred to him through TTs in 2016.
According to the NAB report, Ahmed used to look after the financial affairs of benami companies of the Sharif family.
The report stated that Ahmed could not satisfy the anti-corruption watchdog about the transactions carried out, amount of money invested and the source of income.
He also failed to provide the financial statements of the companies.
NAB said that the companies had been set up to protect the family’s “black money”.
Nisar was arrested by NAB in November last year.
Mushtaq Cheeni, who had been an accused in Ramazan Sugar Mills case, and later turned approver against Hamza Shehbaz and Salman Shehbaz had also made similar revelations of money laundering and TT transfers, while acting as front man for the Sharif family.
Shehbaz, after being arrested by NAB in Ashiana Housing scam had said that financial affairs of his family business were looked after by his son Salman.
On investigation, NAB spotted a few suspicious transactions and found Sharifs involvement in money laundering.
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