*LAHORE: **Stunning revelations surface in mega money laundering by ShahbazSharif family.*
The National Accountability Bureau (NAB) has obtained records of moneyexchange companies that were allegedly involved in making fictitiousforeign remittances to the bank accounts of former Punjab chief ministerShehbaz Sharif and his family.
The investigation report submitted by NAB in an accountability courtrevealed that 10 international money exchange companies – six from Dubaiand four based in the UK – were used to carry out huge monetarytransactions to the bank accounts of Shehbaz Sharif, his sons Hamza Shehbazand Suleman Shehbaz, as well as other party members.
The six Dubai-based companies were identified as Al-Hussain Exchange,Al-Zaruni Exchange, Multi-net Trust Exchange, RMU Global Exchange, ReemsExchange and Karim Money Exchange.
The four UK-based companies included Main International, UsmanInternational, FX Currency and Crossbar FX.
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According to the report, Rs370 million were transferred to Suleman Shehbazand others’ accounts.
The report further said the Sharif family also created various companies inthe name of unknown servants.
Following NAB’s probe, Qasim Qayyum and Fazal Dad Abbasi – the twoindividuals allegedly involved in money laundering on behalf of Shehbaz’sfamily – failed to recognise the exchange companies.
