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An accountability court on Wednesday extended physical remand of Hamza Shahbaz for next 14 days in alleged illegal assets and money laundering case. National Accountability Bureau (NAB) officials presented Hamza before the court and again complained about non-cooperation by the suspect with the investigators. The court also allowed the NAB to initiate process for the confiscation of assets owned by Suleman Shahbaz following his failure to join the investigation.
The prosecutor told the court that arrest warrants had not been served upon the suspect Suleman Shahbaz as he escaped abroad. He sought permission from the court to start assets confiscation process. The court allowed the request and directed the prosecutor to submit a progress report on August 30. Earlier the special prosecutor submitted a report before the court which said, "The suspect is not cooperating and is also hesitant to respond in investigation. Therefore extension of his physical remand is must for collecting evidence". The report further stated that assets worth Rs 3.3 billion had been identified so far as illegally accumulated by Hamza, his brother Suleman Shahbaz and their father Shahbaz Sharif.

Copyright Business Recorder, 2019

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