LAHORE: The National Accountability Bureau (NAB) Lahore on Tuesday said that it had new leads in the money laundering investigation against the Sharif family as it had arrested a suspect who allegedly made illegal telegraphic transfers (TTs) for them.
In a press release issued on Tuesday, the bureau’s Lahore office said that a suspect named Aftab Mehmood was arrested on the basis of important evidence provided by another suspect, identified as Shahid Shafiq, who was himself detained two days ago.
“Both the detained suspects are cousins and had been illegally transferring funds into the Sharif family’s accounts through mutual coordination,” the bureau said.
NAB said that Mehmood, through a foreign currency exchange named Usman International operated simultaneously from London and Birmingham, created bogus TTs for Hamza and Salman Shehbaz as well as others.
The bureau further said that during its investigation so far it has found evidence of around Rs3 billion worth of alleged money laundering against Shehbaz Sharif and family.
To further enhance the probe, Mehmood will be presented in an accountability court with a view to securing his 15-day physical remand, NAB said.