Amid flared up political scene, the federal cabinet on Friday granted approval for including the names of Pakistan Muslim League-Nawaz (PML-N) president Shehbaz Sharif, his family members and several other accused standing trial in the National Accountability Bureau’s (NAB) reference of money laundering involving a sum of over Rs7 billion on the Exit Control List (ECL). On September 28, NAB arrested Shehbaz from the LHC premises after the court turned down his request to confirm interim bail in the asset beyond means and money laundering case. The anti-corruption watchdog stated that accused Qasim Quyyum was an unregistered money changer who allegedly laundered the disproportionate funds to Shehbaz and his family members. Yasir Mushtaq and Muhammad Mushtaq are private persons, who allegedly in collusion with accused laundered the disproportionate funds under the garb of fake loans. Meanwhile, NAB’s spokesperson said that the matter was “not in his knowledge” when asked if the national graft buster had sought cabinet’s approval for adding Shehbaz and his family members’ name on ECL.

Source: The Express Tribune October 09, 2020 18:11 UTC