LAHORE: The Lahore High Court on Thursday dismissed post-arrest bail petitions of three co-suspects in money laundering case against family members of Leader of Opposition in National Assembly Shahbaz Sharif.
The petitioners through counsel argued the NAB had failed to prove even a single allegation against them. Shoaib Qamar, Fazal Dad Abbasi and Qasim Qayum sought the bail.
The counsel said the petitioners had been providing service of transporting cash between companies and banks. He said there was no allegation of corruption on the petitioners. He pointed out that another co-suspect in the case namely Mushtaq Cheeni had already been released on bail. He said the bureau had not filed its reference despite the lapse of seven months.
A NAB prosecutor opposed the bail and argued that the petitioners were in business of money changing and had been laundering money for Hamza and Suleman, sons of former chief minister Shahbaz Sharif.
He said the petitioners transferred huge money to the Shahbaz family from different foreign companies and banks. He said the petitioners were in fact frontmen of Hamza and Suleman.
After hearing the arguments, a two-judge bench headed by Justice Syed Mazahar Ali Akbar Naqvi dismissed the petitions.
Published in Dawn, February 28th, 2020