Tuesday, October 20, 2020

‘Frontman’ of Shahbaz’s sons held for Rs500m money laundering

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The Federal Investigation Agency (FIA) on Monday arrested a ‘‘key frontman’’ of Opposition Leader in the Punjab Assembly Hamza Shahbaz and his brother Salman Shahbaz who allegedly laundered over Rs500 million abroad at their behest.

Referring to the arrest of Mohammad Mushtaq, the National Accountability Bureau (NAB) said it believed that the arrest would strengthen its case against both sons of PML-N president Shahbaz Sharif. According to NAB, it had the record of the money laundering transactions of over Rs500 million sent by Mushtaq to the accounts of Salman Shahbaz abroad.

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