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Money Laundering Case: PML-N’s Hamza Shehbaz Released From Jail After 20 Months

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By Our Web Desk

LAHORE: Hamza Shehbaz of PML-N was released from jail after 20 months in relation to a money laundering case investigation.

His release orders were issued by the accountability court’s duty judge Akmal Khan after the surety bonds deposited by the PML-N leader were verified.

The PML-N has prepared well in advance for the party leader’s release as 12 different camps have been set up across Lahore to welcome him.

Arrangements have been made to welcome the PML-N leader from Kot Lakhpat Jail and bring him back to his residence in the form of a rally. PML-N workers carrying drums and showering rose petals danced and celebrated for hours outside the jail in anticipation of his release.

PML-N vice president Maryam Nawaz arrived outside Kot Lakhpat Jail where she received her cousin.

LHC grants Hamza bail

The Lahore High Court (LHC) on Wednesday granted bail to Hamza in the money laundering case after a two-member bench of the court heard his bail plea.

Special Prosecutor Syed Faisal Raza Bukhari appeared on behalf of the National Accountability Bureau, while Azam Nazir Tarar and Amjad Pervez appeared on behalf of Hamza.

After hearing the arguments of both parties, the court had granted bail to Hamza and ordered him to submit two surety bonds of Rs10 million each.

On June 11, 2019, NAB had arrested Hamza after the LHC rejected his interim bail in the Ramzan Sugar Mills and money laundering cases.

According to NAB, the PML-N leader made five companies from 2006 to 2009 and did business of more than Rs19 billion.

An accountability court had indicted Hamza and his father Shehbaz Sharif in a money laundering reference on November 11, 2020.