Money laundering case: No acquittal of Sharif family, NCA suspends probe: Shehzad Akbar

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ISLAMABAD: Adviser to Prime Minister on Accountability and Interior Mirza Shahzad Akbar on Monday said that it was clarified that there was no acquittal of PML-N President Shehbaz Sharif and his son Hamza Shehbaz of any sort as reported as there was no trial.

He added that the funds were frozen by British National Crime Agency (NCA) and it had decided to not investigate these funds anymore. Suleiman Shabaz remains a fugitive in a money laundering case against him and his father before accountability court in Lahore.

Akbar said that, however, recently NCA decided to stop investigating these funds and therefore agreed for release of these funds through court. It is clarified that such a release order is not an acknowledgement that funds are from a legitimate source.

The adviser to PM said that the news about alleged ‘acquittal’ of Shehbaz Sharif and his son Suleiman Shabaz run by one news channel is incorrect and misreporting.

He added the investigation by the NCA against Suleiman Shehbaz and some of his family members was not initiated at the request of ARU or NAB.

Earlier, according to a local TV channel, a British court had acquitted opposition leader in the National Assembly and PML-N President Shehbaz Sharif and his family of money laundering and criminal activities.

The British National Crime Agency (NCA) had submitted an investigation report on the frozen bank accounts of Shehbaz Sharif and his son Suleiman Sharif in Westminster Court.

According to the report, no evidence of money laundering, corruption and criminal activity was found in the bank accounts of Shehbaz Sharif and his family.