LAHORE: The prosecutor of the National Accountability Bureau (NAB) onWednesday submitted its response in corruption cases faced by OppositionLeader in the Punjab Assembly, Hamza Shehbaz.
The NAB submitted its answers in cases of Ramzan Sugar Mills, Saaf Paniscam and money laundering.
According to corruption watchdog, Hamza chaired Saaf Pani Company meetingswithout having any authority. It transpired during probe that Hamza Shehbazinfluenced contracts issued by the company, NAB said.
It further said the Pakistan Muslim League-Nawaz (PML-N) leader exceededhis authority in the Ramzan Sugar Mills, and ordered construction of adrain for financial gains. The NAB told the court Rs 180 million weretransferred to the account of Shehbaz between 2005 and 2008, andsubsequently the amount was transferred abroad.
During the investigation, the PML-N leader also failed to give asatisfactory answer to transaction of Rs 180mn made into his account, theNAB stated.
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The prosecutor said Hamza Shehbaz was also a shareholder in Ramzan EnergyLimited.
The NAB said assets of children of Shehbaz Sharif was Rs 50 million in1999, while Hamza Shehbaz showed Rs 22 million assets in his declaration in2001.
In 2017, the assets owned by Hamza rose to a value of Rs 411 million. Theprosecutor said Hamza failed to justify legality of his Rs 388 million outof total assets.
