LAHORE: An accountability court on Friday extended physical remand of two accused, involved in money laundering for Shehbaz Sharif family, till May 2.
Accountability Court Judge Syed Jawadul Hassan conducted the case proceedings wherein National Accountability Bureau (NAB) officials produced Fazal Dad and Qasim Qayyum on the expiry of their remand term.
The investigation officer submitted a progress report and stated that investigations were in progress and further physical remand was required for the purpose. However, the defence counsel opposed the remand plea and submitted that all allegations levelled against the accused were baseless.
The court, after hearing detailed arguments of the parties, extended the physical remand till May 2 and directed for producing the accused again on expiry of the remand term.
Fazal Dad had been an employee of Shehbaz Sharif family since 2005 and he transferred massive amounts in the accounts of Shehbaz Sharif family members, the bureau claimed.
The bureau further alleged that Qasim Qayyum was a money-changer and he illegally transferred massive foreign currency amounts in accounts of Shehbaz family members.