LAHORE: An accountability court on Thursday extended physical remand of three persons, allegedly involved in money laundering for Shehbaz Sharif and his family till May 16.
Accountability Judge Syed Jawadul Hassan conducted the case proceedings wherein National Accountability Bureau (NAB) officials produced Fazaldad, Qasim Qayyum and Shahid on expiry of their remand term.
The investigation officer submitted a progress report and stated that investigations were in progress and further physical remand was required for the purpose.
However, the defence counsel opposed the remand plea and submitted that all allegations levelled against the accused were baseless.
The court, after hearing arguments of the parties, extended the physical remand till May 16 and ordered for producing the accused in the court on expiry of the remand term.
The bureau had arrested Fazal Dad, Qasim Qayyum and Shahid over allegations of money laundering for Shehbaz Sharif family. Fazal Dad has been an employee of Shehbaz Sharif family since 2005 and he transferred massive amounts in the accounts of Shehbaz Sharif family members, the bureau claimed.
The bureau alleged that Qasim Qayyum was a money-changer and he illegally transferred massive foreign currency amounts in accounts of Shehbaz family members.
