AGL 40.10 Decreased By ▼ -0.06 (-0.15%)
AIRLINK 130.85 Decreased By ▼ -0.88 (-0.67%)
BOP 6.71 Increased By ▲ 0.02 (0.3%)
CNERGY 4.57 Increased By ▲ 0.10 (2.24%)
DCL 9.00 Increased By ▲ 0.18 (2.04%)
DFML 41.26 Increased By ▲ 0.65 (1.6%)
DGKC 84.89 Increased By ▲ 0.81 (0.96%)
FCCL 32.75 Increased By ▲ 0.41 (1.27%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.54 Increased By ▲ 0.19 (1.67%)
HUBC 110.75 Decreased By ▼ -1.01 (-0.9%)
HUMNL 14.32 Increased By ▲ 0.01 (0.07%)
KEL 5.25 Increased By ▲ 0.03 (0.57%)
KOSM 8.84 Decreased By ▼ -0.14 (-1.56%)
MLCF 39.30 Decreased By ▼ -0.13 (-0.33%)
NBP 60.90 Increased By ▲ 0.61 (1.01%)
OGDC 196.00 Increased By ▲ 1.06 (0.54%)
PAEL 26.70 Increased By ▲ 0.01 (0.04%)
PIBTL 7.50 Increased By ▲ 0.02 (0.27%)
PPL 156.20 Increased By ▲ 0.43 (0.28%)
PRL 27.00 Increased By ▲ 0.32 (1.2%)
PTC 18.16 Decreased By ▼ -0.14 (-0.77%)
SEARL 82.00 Decreased By ▼ -1.02 (-1.23%)
TELE 8.37 Increased By ▲ 0.14 (1.7%)
TOMCL 34.70 Increased By ▲ 0.15 (0.43%)
TPLP 9.10 Increased By ▲ 0.29 (3.29%)
TREET 17.40 Increased By ▲ 0.70 (4.19%)
TRG 62.40 Decreased By ▼ -0.05 (-0.08%)
UNITY 27.60 Increased By ▲ 0.16 (0.58%)
WTL 1.37 Increased By ▲ 0.09 (7.03%)
BR100 10,393 Increased By 206.3 (2.02%)
BR30 31,509 Increased By 172.7 (0.55%)
KSE100 97,249 Increased By 1702.1 (1.78%)
KSE30 30,174 Increased By 596.4 (2.02%)

LAHORE: A division bench of the Lahore High Court (LHC) on Wednesday allowed post-arrest bail to Leader of Opposition in National Assembly Shehbaz Sharif in a money laundering reference after special prosecutor concluded his arguments.

The bench headed by Justice Sardar Muhammad Sarfraz Dogar observed that as per a report submitted before the Supreme Court, the accountability court, would take at least one year to conclude its trial.

And the trial court was still awaiting a new incumbent since transfer of its presiding judge, the bench added.

Earlier, the prosecutor argued that the declared assets of Shehbaz’s family before 1990 had a worth of Rs 10.65 million. And the assets owned by the petitioner’s family swelled to over Rs 7 billion in 2018, he added. At this the bench asked the prosecutor, “Is not it the job of the FBR to inspect sources of income of a person?”. Shehbaz’s counsel pointed out that the FBR had already held an audit of the petitioner’s assets and accounts but found nothing wrong.

The prosecutor said Shehbaz’s wife Nusrat, sons, daughters and benamidars received huge amounts in their accounts through TTs.

The bench, however, asked the prosecutor to tell it something about Shehbaz.

Copyright Business Recorder, 2021

Comments

Comments are closed.