— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News

LAHORE: An accountability court on Monday extended physical remand of two accused, allegedly involved in money laundering for Shehbaz Sharif family, till June 10.

Accountability Court Judge Syed Jawadul Hassan conducted the case proceedings wherein National Accountability Bureau (NAB) officials produced Fazal Dad and Qasim Qayyum on expiry of their remand term.

The investigation officer submitted a progress report and stated that investigation was 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 from the parties, extended the physical remand till June 10 and directed for producing the accused on expiry of the remand term.

The bureau had arrested Fazal Dad, Qasim Qayyum and Shahid on allegations of money laundering for Shehbaz Sharif family.

Fazal Dad has 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.

Source: Money laundering for Sharifs: remand of accused extended till June 10 | Business Recorder