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‘Shehbaz’s assets increased when he became Punjab CM in 1997’

NAB says his assets surpassed Rs7 billion in 2018

SAMAA | - Posted: Jun 19, 2020 | Last Updated: 1 year ago
Posted: Jun 19, 2020 | Last Updated: 1 year ago

Artwork: SAMAA Digital

The National Accountability Bureau has expanded its investigation in the money laundering cases against PML-N Chairperson Shehbaz Sharif.

In a report issued on Friday, the bureau declared the leader and his family’s assets fake, unknown and imaginary.

It said that in 1990, Shebaz’s total assets worth Rs2.12 million before he held the public office. When the leader, however, became the chief minister of Punjab in 1997, these assets increased to Rs35.950 million.

In 2003, for the first time, Shehbaz and his sons presented details of their assets separately that were worth more than Rs40 million. The bureau revealed that in 2009, the former minister received huge sums of money from his wife and son’s accounts abroad.

“In 2009, Shehbaz’s assets were more than a billion rupees which surpassed Rs7 billion in 2018, NAB’s report added.

Following these revelations the bureau has widened its horizon in the investigation against the PML-N leader.

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NAB, Shehbaz Sharif, sons, CM, Punjab, PML-N, fake, assets, wife, leader, investigationm report

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