Punjab Opposition Leader and senior PML-N member, Hamaza Shabaz on Wednesday (today) secured bail from LHC in money laundering case.
As per details, two-member bench of Lahore High Court (LHC) heard Hamza Shahbaz’s bail plea regarding money laundering and assets beyond means case.
During the hearing, NAB prosecutor urged the court to turn down the bail plea citing that the PML-N leader holds assets beyond means and is also involved in money laundering.
Meanwhile, Advocate Azam Nazir Tarar and Amjad Pervez appeared before the court as Hamza Shahbaz’s defense counsel and argued that NAB had arrested their client in June 2019 whereas the reference was filed after a gap of 14 months since his apprehension, followed by indictment 16 months later.
The court, after hearing arguments of both side, approved Hamza Shahbaz’s bail plea and directed authorities to release him from Kot Lakhpat jail.
The bail has been granted over two surety bonds worth Rs 10 million each.
It is pertinent to know that Hamza Shahbaz was indicted in money laundering case in November 2020 along with his father Shahbaz Sharif.
They both had pleaded ‘not guilty’ citing political victimization by NAB.
A total of 16 people have been named in the case, of which 11 are currently under trial.
