Assets beyond means case: Hamza's physical remand extended till August 10

Assets beyond means case: Hamza's physical remand extended till August 10

Lahore (Web Desk): An accountability court on Saturday extended physical remand of Leader of the Opposition in the Punjab Assembly Hamza Shehbaz by seven days in the assets beyond means case.

During today's hearing, NAB requested for an extension of 15 days in the physical remand of Pakistan Muslim League-Nawaz (PML-N) leader.

Hamza’s lawyer told the court that the National Accountability Bureau’s (NAB) has already been granted more than 50 days of remand. “How much more remand do they need,” he asked.

He said why the NAB was seeking extension in the remand of Hamza when that all records were already with the NAB.

The accountability watchdog has the exact same position they had at the last hearing, he said.

Hamza's lawyer further said, no recovery was made from his client and that there was no need for physical remand. He added that the NAB was twisting the facts.

The lawyer requested the court to send his to jail on judicial remand.

Prosecutor of NAB told the court that two 'benami' companies under Hamza’s name have been found.

He said Hamza Shehbaz and Salman Shebaz each made a company in 2016 and purchased a piece of land measuring 155 kanal in Chiniot, but did not share where they acquired the capital from.

The prosecutor added, Hamza's account contained two and a half million rupees. "From where did Hamza Shahbaz get all this money? We are investigating this,” he said.

After hearing the arguments, the accountability court extended physical remand of Hamza Shehbaz for seven days and ordered the PML-N leader be presented before the court on August 10.

Hamza was arrested by the NAB on June 11 after the Lahore High Court (LHC) rejected his interim bail in the Ramzan Sugar Mills and money laundering cases.

According to the accountability watchdog, the PML-N leader made five companies from 2006 to 2009 and did a business of more than Rs19billion.