Shehbaz Sharif summoned in money laundering case

02:40 PM | 16 Apr, 2020
Shehbaz Sharif summoned in money laundering case

LAHORE - The National Accountability Bureau (NAB) has summoned Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif in a money laundering case on Friday (April 17).

The anti-graft watchdog, according to local media, has asked the political bigwig to submit details of property inherited by him.

The NAB claimed that assets of Shehbaz's family rose to Rs549 billion from Rs23 million between 1998 to 2018, adding that the the PML-N president being a public office holder needs to explain the massive increase in his wealth. 

Besides asking him to submit bank details along with loan borrowed from Barclays, it has also sought details of gifts received and given by the family, details about agriculture income and others.

Last year in December, NAB had ordered the freeze of 23 pieces of property owned by Shebaz and his family members over the allegations of holding assets beyoung means and committing money laundering. 

The former Punjab chief minister was also accused of acquiring properties in the name of his wives Nusrat Shehbaz and Tehmina Durrani.