Connect with us

Hi, what are you looking for?

Latest News
• Coronavirus is spreading quickly, in past 24 hours the reported cases were 3,045 and the lives claimed by• The father of Iran’s nuclear programme is assassinated • The slaying of Mohsin Fakhrizadeh will complicate efforts by Joe Biden to rebuild a crumbling nuclear deal it in one day was 45 • The first-ever 9 hole golf course has been inaugurated on the N10 Coastal Highway at Gwadar on Friday • Another Pakistan cricketer in New Zealand tests coronavirus positive • The number of affected players is now seven • The Islamabad-Rawalpindi metro bus service will resume operations today after employees of the service’s ticketing office ended their protests • Pakistani transgender person, Nayab Ali, has won the “Asia Hero Award” under the category of Transgender Hero • CNG supply to Islamabad, Khyber Pakhtunkhwa and Punjab has been suspended for 24 hours starting tonight: SNGC • The body of Nawaz Sharif’s mother, Begum Shamim Akhter, will be repatriated to Pakistan today. It will be buried in Lahore’s Jati Umra • PPP’s Aseefa Bhutto Zardari will be addressing supporters at the PDM rally in Multan

National

NAB discovers illegal transactions by Shahbaz’s sons

The National Accountability Bureau (NAB) on Thursday detected another $2.9 million alleged money laundering transactions of PML-N President Shehbaz Sharif’s sons, Hamza and Salman.

“Hamza Shehbaz (opposition leader in Punjab Assembly) and Salman Shehbaz had laundered $2.9m through 18 persons, most of them never visited the United Kingdom,” an official source told Dawn on Thursday.

All the suspects involved in facilitating Shehbaz’s sons had no record in the National Database and Registration Authority (Nadra), thus NAB has termed them ‘ghost remitters’.

They have been identified as Faiz Rasool, Muhammad Saqib, Muhammad Shakoor, Pervaiz, Muhammd Kamal, Muhammad Sarwar, Muhammad Kashif, Anees Mughal, Faisal Rasool, Iftikhar, Nisar Ahmed, Bashir, Noor Alam, Muhammad Moosa, Younas, Umer Hussain, Mansoor and Anjum Ali.

“Through the Usman Exchange Company this laundering of $2.9m through 177 transactions was made by Hamza and Salman,” he said, adding the NAB would make the new evidence part of the reference filed against the Shehbaz family.

According to a NAB report, “Not only have the family members of Shehbaz Sharif accepted and utilised foreign remittances from ‘fake/ghost’ remitters all of them have duly acknowledged their receipts into their personal bank accounts in black and white. They signed the bank’s ‘Due Diligence Forms’ for inward remittances and also Form R required under the Foreign Exchange Regulation Act. These 177 fake foreign remittances in the name of fake foreign investment remitters coming from them either from business relations, cousins or friends for the purpose of investment in the business.”

Source: Dawn News

Click to comment

Leave a Reply

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

Advertisement

Latest

Latest Updates

Singers Ali Zafar and Urooj Fatima have released another song together. This time it’s a rendition of a popular Sindhi folk song Allay (Munja Mar...

Latest Updates

There are 100 projects for Rs1.117 trillion, which will be completed in the Karachi Transformation Plan as per the directive of the Prime Minister....

International Relations

A flydubai aircraft landed in Dubai from Tel Aviv on Thursday, the first scheduled commercial flight between the two cities following the normalization of...

Advertisement Enter
ad code here

Facebook

International Relations

Shelling by Indian forces has affected all facets of life and created humanitarian issues in AJ&K

Political Affairs

Water shortage in Sindh is a reality, especially in the tail areas of many districts, which has made millions of acres of irrigated land...

International Relations

The region where Pakistan is located is undergoing a transformative phase that is witnessing changes in perceptions, policies, and ground realities. The region, which...

Editorial

THE  PAKISTAN DEMOCRATIC MOVEMENT (PDM), a conglomerate of 15 or so opposition parties, seems to have, out of the blue, captured the political center...

Copyright The Truth International © 2020