Shahbaz, Hamza to face FIA on September 25 over illegal bank transactions

Author: Web Desk

LAHORE: The Federal Investigation Agency (FIA) has called the Opposition Leader Shahbaz Sharif and officials of the Mian Mansha group on September 25 in an investigation related to money laundering of Rs25 billion through illegal bank transactions, Daily Times reported.

On the other hand, Azhar Mahmood and Asim Suri, are charged with putting pressure on the witnesses in the case against Shahbaz Sharif and his family members. However, Asim Suri is currently on judicial remand in the case, while Azhar Mahmood has obtained interim bail.

Earlier this week, the Federal Investigation Agency (FIA) had issued a legal notice to a renowned entrepreneur Mian Muhammad Mansha over illegal transactions worth Rs25 billion in a money laundering case.

The notification said that bank accounts of Ramzan Sugar Mills employees with low income were opened from 2008 to 2018.

During the inquiry, the bank officers had accepted that the transactions for Shehbaz Sharif and his family were made under the pressure of the bank’s administration and the concerned officials are afraid of unveiling the record, the FIA notice said.

Share
Leave a Comment

Recent Posts

  • Pakistan

Parliament passes bills on military chiefs tenure extension, SC expansion

The National Assembly on Monday passed six bills, including one seeking an increase in the…

3 hours ago
  • Pakistan

SBP cuts key policy rate by 250bps to 15pc

The State Bank of Pakistan (SBP) announced on Monday that it had decided to cut…

11 hours ago
  • Pakistan

Verdict reserved on Imran, wife’s bail pleas in 7 cases

The district and sessions court in Islamabad on Monday reserved its verdict on bail pleas…

11 hours ago
  • Pakistan

Six terrorists killed in two KP operations

At least six terrorists were killed by the security forces in two separation operations in…

11 hours ago
  • Pakistan

Punjab has no plan to buy PIA, clarifies minister

Punjab Information Minister Azma Bokhari on Monday said that the provincial government had "no intentions"…

11 hours ago
  • World

Israeli strikes kill 10 in Gaza, keep up pressure on north

Israeli airstrikes killed at least 10 Palestinians in Gaza, with seven dead in an attack…

11 hours ago