Court orders freezing of 13 more bank accounts of Pak PM’s son

Lahore, Sep 11 (SocialNews.XYZ) The Special Court Central has ordered the freezing of 13 more accounts of Suleman Shehbaz, the son of Pakistani Prime Minister Shehbaz Sharif, in the National Bank of Pakistan, The News reported.

Suleman, along with father Shehbaz and brother Hamza Shehbaz, is accused of alleged money laundering worth Rs 16 billion.

The court directed the authorities concerned to freeze the accounts of companies said to be owned by Suleman, including Al Arabia Sugar Mills, Ramzan Sugar Mills, Chiniot Power Limited, Sharif Feed Mills and Unitas Steel.

It also issued a showcause notice to bank officers for not freezing Suleman's accounts despite the court orders.

The court observed why criminal proceedings should not be initiated against the bank officers for not complying with the court orders.

The court added that the banks had been given clear orders to freeze the accounts and the investigation officer had informed the banks in writing of the court orders, The News reported.

The banks, instead of complying with the court orders on freezing accounts, just presented details of the accounts, the court order said. The court then summoned the bank officers in person on September 17.

Source: IANS

Facebook Comments

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz

Share

This website uses cookies.

%%footer%%