NAB likely to file another case against Shehbaz

Finds alleged evidence of transfer of billions of rupees through SBP reports

LAHORE: Troubles of beleaguered PML-N President Shehbaz Sharif and his family members may increase as the top graft buster has found ‘evidence’ of allegedly illegal transfer of money by the Sharifs to the tune of Rs4 to Rs5 billion.

According to sources, the National Accountability Bureau (NAB) Lahore detected these illegal telegraphic transfers (TT) on basis of the State Bank of Pakistan’s (SBP) suspicious transactions reports (STR).
The TT is a means of payment, involving transfer of funds from one bank account to another by electronic means.

“NAB Lahore has now decided to send the reference for approval of NAB headquarters in Islamabad. A reference in this regard is likely to be filed next month (in March),” the source said.

He said Shehbaz’s wife, Nusrat Shehbaz, sons – Hamza and Suleman – and two daughters may also be nominated as accused in this new reference.

In Islamabad, over 700 allottees waiting for possession of NAECHS plots

Shehbaz and his family members are already facing multiple NAB cases. The PML-N president, who is currently on bail, is in London along with his ailing brother and former prime minister Nawaz Sharif.
Punjab former chief minister Shehbaz Sharif was arrested in Oct, 2018 in connection with Rs14 billion Ashiana-e-Iqbal Housing Scheme case and filed a reference in this case on Feb 13, 2019.

A week later, on Feb 18, NAB filed another reference against Shehbaz and his son Hamza Shehbaz in connection with the Ramzan Sugar Mills case.

Shehbaz, who is also leader of the opposition in the National Assembly, was later granted bail in both the case. Hamza Shehbaz, who was arrested in June 2019, is however, still in judicial custody.