Federal Investigation Agency (FIA) has given a 30-day deadline to PML-N leader Hamza Shehbaz to provide money trail in money laundering case.
FIA Lahore has issued notice to Punjab Assembly Opposition Leader – Hamza Shehbaz giving him 30-day period to submit his response and provide detailed money trail of his properties and assets source of income of Rs 25 billion in the accounts of peons and clerks.
The failure to comply will result in his property being seized by the government, warned the FIA.
The show-cause notice has been issued under the Anti-Money Laundering Act 2010.
The development comes as Hamza Shehbaz and his father Shehbaz Sharif are accused of opening fake accounts in the name of mill employees while he was serving as Punjab’s chief minister. They are accused of using these accounts to transfer Rs25 billion to Sharif family accounts from 2008 to 2012.
It is to be noted that a Lahore court on June 21 granted interim bail to Leader of the Opposition in the National Assembly Shahbaz Sharif and his son Hamza Shahbaz in the investigation into the Ramzan Sugar Mills scandal.
