FIA Gives 30-day Time To Hamza Shehbaz To Submit Assets’ Details
Fida Hussnain (@fidahassanain) Published July 08, 2021 | 01:17 PM
The agency has warned Hamza that failure to comply with the directives will result in the freezing of his properties and bank accounts.
LAHORE: (UrduPoint/UrduPoint / Pakistan Point News-July 8th, 2021) The Federal Investigation Agency (FIA) on Saturday gave 30-day time to PML-N senior leader Hamza Shehbaz to submit details of his assets along with the money trails within 30 days.
The agency in its notice to Hamza had warned that failure to comply with the directive would result in the freezing of his properties and bank accounts.
Opposition Leader in Punjab Assembly and PML-N President Shehbaz Sharif’s son, Hamza Shehbaz has been served the notice under Section 9 of the Anti-Money Laundering Act, 2010. He faces losing his property if he fails to provide money trails regarding a 10-kanal house in Judicial Colony in Lahore built between 2013 and 2014, a 71-kanal plot in Johar Town Lahore and 250 kanals of agricultural land in Chiniot. He must also come clean on investment in Ramzan Sugar Mills after 2008, Sharif Feed Mills, Madina Construction, Madni Trading Company, Sharif Poultry, Sharif Dairy, bank accounts, cars, shares, jewellery, cash and prize bonds. He has been asked to supplement the documents with evidence that these assets ‘are not proceeds of crime’.
The notice also states that Hamza must appear before the FIA by the month’s end.
Last month, Hamza Shehbaz had appeared before a team of the FIA to respond to allegations against him in Rs 25 billion money laundering case. In his replies, he had showed his ignorance as to who deposited billions of rupees in his accounts. Sources said Hamza had told the investigation team that he had been the chief executive of the Ramzan Sugar Mills but it was not his responsibility to know who deposited Rs 25 billion in the accounts of peons and clerks. Hamza had reportedly told investigators that he was a member of National Assembly from 2008 to 2018 and due to his involvement in politics, he did not know who kept depositing money in his personal bank accounts.
In a written reply Hamza submitted to the probe team, the PML-N leader had stated that he remained behind the bars for 22 months in a case instituted by the National Accountability Bureau (NAB) but the national graft buster failed to prove corruption of even a single penny.
Related Topics
Recent Stories
Tennis: ATP Barcelona Open results - 1st update
Swiatek's perfect 10 in Stuttgart as Vondrousova stuns Sabalenka
Arandu's roads closed due to flooding
Oil tanker catches fire in Islamabad’s Blue Area
Pakistan committed to ensure safety of foreign nationals: FO
Tennis: WTA Stuttgart results - 1st update
Four passengers injured as train hit an empty vehicle
Over- speeding bus crushed to death two bike riders
Turkey's Freedom Flotilla ready to set sail for Gaza
French teen dies from heart failure after knife attack near school
Iranians appear unfazed by Isfahan blasts
UAF celebrates Int'l Chinese Language Day
More Stories From Pakistan
-
Arandu's roads closed due to flooding
1 hour ago -
Oil tanker catches fire in Islamabad’s Blue Area
1 hour ago -
Pakistan committed to ensure safety of foreign nationals: FO
1 hour ago -
Four passengers injured as train hit an empty vehicle
1 hour ago -
Over- speeding bus crushed to death two bike riders
1 hour ago -
UAF celebrates Int'l Chinese Language Day
2 hours ago
-
Flooding on Chitral-Peshawar Highway strands travelers
2 hours ago -
Bilawal Bhutto demands govt to hold tripartite dialogue to curb terrorism
2 hours ago -
Punjab ombudsman facilitates over 1.36 crore payment to victims
2 hours ago -
Leghari seeks KP Govt’s cooperation in anti-power theft campaign
2 hours ago -
Sehwan Development Authority's staff protests against non-payment of salaries
2 hours ago -
DIG directs SSPs to take unrelenting action against organized crimes
2 hours ago