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Sunday, July 3, 2022
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    HomeBusinessCourt allows FIA plea about jurisdiction in Shehbaz money laundering case

    Court allows FIA plea about jurisdiction in Shehbaz money laundering case

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    LAHORE: A banking offences court docket on Friday allowed an utility, filed by the Federal Investigation Company (FIA) towards the court docket’s jurisdiction to listen to the cash laundering and sugar rip-off case towards the opposition chief in Nationwide Meeting Shehbaz Sharif and his son, Hamza Shehbaz.

    The court docket held that the matter didn’t fall in its jurisdiction and returned the challan to the FIA, with a course to file it earlier than the court docket involved. The court docket additionally prolonged bail of Shehbaz and Hamza for seven days and directed them to method the court docket involved for bail. Banking Courtroom Decide Sardar Tahir Sabir introduced the decision on an utility, filed by the FIA towards the court docket’s jurisdiction to listen to the matter.

    The court docket reserved its verdict on the appliance a couple of hours in the past Friday morning. Earlier, in the course of the proceedings, Hamza Shehbaz appeared earlier than the court docket and bought his attendance marked. Nonetheless, Shehbaz Sharif didn’t seem within the court docket and an utility was filed on his behalf for exemption from private look for one-day, which was allowed by the court docket.

    The FIA counsel filed a report concerning the function of the bankers within the cash laundering offences, as per earlier court docket instructions. He submitted that no banker was discovered concerned within the offence throughout an investigation. To a court docket question, the defence counsel submitted that if the court docket thought of it applicable, then the matter may very well be despatched to a different court docket. To a different question about bail functions, the counsel submitted that the bail functions would even be transferred to the opposite court docket.

    On the final listening to, the counsel for events had superior their arguments on the appliance however the court docket had sought a report concerning the function of the bankers within the matter. The FIA had challenged the court docket’s jurisdiction to carry trial within the case whereby a challan had additionally been filed by the company. Shehbaz Sharif and Hamza had obtained interim bail from the court docket. Shehbaz and his sons – Hamza and Suleman – have been booked by the FIA in November 2020 beneath sections 419, 420, 468, 471, 34, and 109 of the PPC and 5(2) and 5(3) of the Prevention of Corruption Act and r/w 3/4 of Anti Cash Laundering Act. Suleman is absconding and residing within the UK.




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