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Friday, March 29, 2024  
18 Ramadan 1445  

UK court acquits Shehbaz Sharif, family in money laundering allegations

The British court also ordered to unfreeze Shahbaz Sharif and his family's bank accounts after UK authorities were...
The British court also ordered to unfreeze Shahbaz Sharif and his family's bank accounts. File Photo
The British court also ordered to unfreeze Shahbaz Sharif and his family's bank accounts. File Photo

A British court on Monday acquitted Pakistan Muslim League-Nawaz (PML-N) president Shehbaz Sharif and his family in money laundering allegations.

It should be noted that the bank accounts of Shehbaz Sharif and Suleiman Shahbaz were frozen in December 2019 on a court order. Shehbaz and Suleiman s bank accounts were subject to a high-level investigation. The accounts were frozen following a request from Pakistan to the British government to recover the looted money.

Shahbaz Sharif and Salman Shahbaz were acquitted in money laundering case in UK.

The British court also ordered to unfreeze Shahbaz Sharif and his family's bank accounts after UK authorities were unable to find evidence of corruption, money laundering or criminal activities against them.

The UK s National Crime Agency (NCA) submitted an investigation report on the frozen bank accounts of Shehbaz Sharif and his son Suleiman Shahbaz in Westminster Court.

According to the report, no evidence of money laundering, corruption and criminal activity was found in the bank accounts of Shehbaz Sharif and his family. The 21-month investigation looked at 20 years of financial affairs.

The British agency had launched probe at the request of the government of Pakistan, NAB and the East Recovery Unit. During the investigation, the accounts of Shehbaz Sharif and his family in the United Kingdom and the United Arab Emirates were probed.

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