Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Lahore

Accountability Court extends Hamza Shehbaz’s physical remand by seven days

byCT Report
03/08/2019
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: An accountability court on Saturday extended Pakistan Muslim League-Nawaz (PML-N) and Punjab Opposition Leader Hamza Shehbaz’s physical remand by seven days in the in assets beyond means case.

During the court proceedings today, Hamza’s lawyer told the court that the National Accountability Bureau’s (NAB) has already been granted more than 50 days of remand. “How much more remand do they need,” he asked.

You might also like

Meezan Bank loses super tax battle to Federal Board of Revenue

28/07/2026

PM Shehbaz approves refining policy changes to upgrade Pakistan’s oil refineries

28/07/2026

NAB had requested for an extension of 15 days in the physical remand of Hamza, which the PML-N leader’s lawyer rejected and said there was no need of.

“All records are already with NAB, why are they requesting for an extension? NAB has the exact same position they had at the last hearing,” he said.

Hamza’s lawyer further said, no recovery was made from his client and that there was no need for physical remand. NAB is twisting the facts and presenting before the court,” he added.

He then requested the court his client be sent to jail on judicial remand. NAB’s prosecutor told the court that two ‘benami’ companies under Hamza’s name have been found.

“Nadeem Saeed is the chief financial officer (CFO) of one of the companies. He said Hamza Shehbaz and Salman Shebaz each made a company in 2016 and purchased a piece of land measuring 155 kanal in Chiniot, but did not share where they acquired the capital from,” he said.

The prosecutor added, Hamza’s account contained two and a half million rupees. “From where did Hamza Shahbaz get all this money? We are investigating this,” he said.

The court after hearing the arguments extended Hamza’s physical remand by seven days and ordered the PML-N leader be presented before the court on August 10.

On June 11, the National Accountability Bureau had arrested Hamza after the Lahore High Court (LHC) rejected his interim bail in the Ramzan Sugar Mills and money laundering cases.

According to the accountability watchdog, the PML-N leader made five companies from 2006 to 2009 and did a business of more than Rs19billion.

 

Related Stories

Meezan Bank loses super tax battle to Federal Board of Revenue

byCT Report
28/07/2026

KARACHI: Meezan Bank’s legal battle to block the super tax came to an end on July 28 when the Islamabad...

PM Shehbaz approves refining policy changes to upgrade Pakistan’s oil refineries

byCT Report
28/07/2026

ISLAMABAD: The Cabinet Committee on Energy, chaired by Prime Minister Shehbaz Sharif, has approved proposed amendments to the Pakistan Oil...

FBR issues special tax scheme for small retailers

byCT Report
28/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a notification introducing a special tax procedure for small retailers. According...

S&P Global expects State Bank to keep cautious monetary stance despite economic gains

byCT Report
28/07/2026

ISLAMABAD: Pakistan's improving economic indicators are unlikely to trigger an immediate shift in monetary policy, with the State Bank of...

Next Post

Accused in fake accounts case granted Rs20m plea bargain

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.