LAHORE: The Lahore High Court (LHC) has rejected the interim bail of opposition leader Shahbaz Sharif after which NAB officials arrested him.
According to details, a two-member bench headed by Justice Sardar Ahmad Naeem in the Lahore High Court heard the bail plea of opposition leader Shahbaz Sharif in the case of excess assets and money laundering.
Shahbaz Sharif appeared in the court. Shahbaz Sharif’s lawyer Amjad Pervez said in his arguments that it is on record. NAB made a mythical story, it is not known why this case was made, reference has been filed and investigation has been completed, now what are the reasons for arrest.
Shahbaz Sharif, while requesting the court to make a few requests, said that you need a few minutes, on which the court said that if your lawyer does not want to talk, he will tell you.
Lawyer Shahbaz Sharif said that it is the responsibility of the prosecution to prove that it made money by using public office. The court said that you have given all these arguments before then Amjad Pervez said that what I am talking about is the merit of the case. By the way, if they are acquitted 6 months after the arrest, then what is the reputation of the state?
Amjad Pervez asked what was the justification for his arrest if he appeared before the court. Shahbaz Sharif’s name was included in the ECL in the same case. The Lahore High Court declared it illegal to put Shahbaz Sharif’s name in the ECL. According to the law, building a property is not a crime.
During the hearing, lawyer Amjad Pervez said that Shahbaz Sharif has no position in the Sharif Group of Companies, Shahbaz Sharif has nothing to do with the records of the companies, the money laundering case must be linked to the crime, there is a difference between gaining and assisting. Abuse of power, aiding and abetting crime must be shown.
Lawyer Shahbaz Sharif said that Shahbaz Sharif is accused of assets worth Rs. 269 million. NAB considers tax returns but does not consider expenditure on it. Taxes on agricultural income are paid every year. Paid, gift of Rs. 70 lakh from wife Shahbaz Sharif Komla and submitting all his tax returns till 2018.
Amjad Pervez said that NAB officials did not visit and check any property. NAB only submits investigation report on tax returns. Impartial investigation is not possible by sitting in a cold room wearing a tie coat. Not a single drop from the company came to Shahbaz Sharif’s account.
Concluding his arguments, Shahbaz Sharif’s lawyer said that Shahbaz Sharif was responsible for his actions, not the children. His wife gave him a gift of Rs 7 million, which he obtained legally, after which he asked Shahbaz Sharif to allow him to speak. Gone
Opposition leader Shahbaz Sharif said in a statement in the court that he was very grateful to you for your time. He is a sinful person. We ask Allah to forgive his sins. He served the people of Punjab in 1997, 2013 and 2018. And it is going to happen. I have presented the booklet. I will not repeat it. We have saved one billion rupees of Pakistan in procurement. Even if it takes two and a half centuries, they will not be able to prove me corrupt.
Shahbaz Sharif said that even though the law did not allow bidding in the Orange Line, my conscience was forcing me to save Rs 600 million in the Orange Line. I have been accused of having anonymous assets in 2014-15. He did not exceed his authority. If he had done so, then he should have encouraged his children. He kept the price of sugarcane higher than that of Sindh. He did not even give subsidy. This harmed the sugar mills of my children and loved ones.
Opposition leader said that father and brothers started work in 1940, our institutions were nationalized in 1972, my father set up 6 factories in 18 months, became a victim of political revenge but did not want to talk about it. Further subsidy was given at Rs. 9 and a half per kg. When the son’s mill exported sugar, a loss of Rs. 23 crore was incurred.
He told the court that sugar is made from ethanol molasses. I imposed excise duty of Rs 2 in 2011. Sugar mills had challenged the excise duty in the Lahore High Court. Advocate General Punjab was clearly told to defend the excise duty. My son used to tell me not to impose excise duty but I did not agree. At that time there was no excise duty anywhere in Pakistan.