‘Front man’ confesses to have laundered Rs600m for Hamza, Salman Shahbaz

Published June 18, 2019
“I have been working for them since they started looking after their family’s business in 2005,” says Mushtaq Cheeni. — DawnNewsTV/File
“I have been working for them since they started looking after their family’s business in 2005,” says Mushtaq Cheeni. — DawnNewsTV/File

LAHORE: The alleged front man of Leader of the Opposition in Punjab Assembly Hamza Shahbaz and his brother Salman Shahbaz on Monday confessed to have laundered over Rs600 million for the two brothers.

“I have been working for the two brothers since they started looking after their family’s sugar business in 2005,” said Mushtaq Cheeni in his confessional statement recorded by a judicial magistrate under Section 164 of the CrPC.

National Accountability Bureau (NAB) personnel produced Cheeni before judicial magistrate Amir Raza Baitu and stated that the suspect had become an “approver” in a money laundering case against Hamza and Salman and that he was ready to record his confessional statement.

The magistrate was also told that the NAB chairman had already approved an application of the suspect to become approver in the case.

The magistrate recorded the statement of the suspect after his lawyers and the NAB team left the courtroom.

A copy of the suspect’s statement available with Dawn revealed that Cheeni, who was a wholesale dealer for Ramzan Sugar Mills, claimed that Hamza and Salman used to receive foreign remittances through bank accounts of his company, Mushtaq & Co. He had no information about the senders of the payment and was just required to issue cheques of the amounts in the name of Salman, he added.

On Saturday, a judicial magistrate had refused to record the statement of Cheeni after his lawyers and officials of the NAB insisted to stay in the courtroom.

After the magistrate recorded Cheeni’s statement on Monday, the NAB produced him before an accountability court and stated that it did not require him anymore.

A prosecutor stated that the bureau would have no objection if the court sent the suspect to jail on judicial remand. At this the court sent Cheeni to jail.

In this case, Hamza is already in the NAB custody, while Salman is out of country. The bureau alleged that Hamza maintained various accounts in different banks in which credit turnover of Rs500 million was observed between 2006 and 2017.

It also claimed that Hamza received fictitious foreign remittances of Rs181 million in one of his bank accounts, Rs2.11 billion in the accounts of his brother Salman, mother Nusrat, benamidars and employees of their companies.

Published in Dawn, June 18th, 2019

Opinion

Editorial

Genocide resumes
Updated 19 Mar, 2025

Genocide resumes

It appears that Palestinian people will again be left defenceless in the face of merciless brutality.
Strength in unity
19 Mar, 2025

Strength in unity

WILL it count as an opportunity lost? Given the sharp escalation in militant violence in recent weeks, some had ...
NFC weightage
19 Mar, 2025

NFC weightage

THE NFC Award has long been in need of an overhaul. The government’s proposal to bring down the weightage of...
A new direction
Updated 18 Mar, 2025

A new direction

While kinetic response may temporarily disable violent actors, it will not address underlying factors providing ideological fuel to insurgencies.
BTK settlement
18 Mar, 2025

BTK settlement

WHEREVER the money goes, controversy follows. The PMLN-led federal government, which recently announced that it will...
Sugar crisis
18 Mar, 2025

Sugar crisis

GREED knows no bounds. But the avarice of those involved in the sugar business — from manufacturers to retailers...