UK court orders to restore frozen bank accounts of Shahbaz Sharif and family

UK court orders to restore frozen bank accounts of Shahbaz Sharif, family.

Shahbaz Sharif and his son Suleman’s bank accounts were frozen in December 2019 by the NCA following a UK court order.

As being reported, the UK’s National Crime Agency (NCA) unfroze the bank accounts of PML-N leader and former Punjab chief minister Shahbaz Sharif and those of his son, Suleman Sharif, on Monday. 

The orders from the court were issued over the lack of evidence of corruption and money laundering. 

After conducting a 17-month long probe, NCA examined Shahbaz Sharif’s financial transactions over the past 20 years. In it, no evidence of money laundering or criminal activities against the PML-N president or his family were found. 

The investigation report of the bank accounts was submitted at the Westminster court in which that Shahbaz and his son were not involved in money laundering practices in Pakistan, Dubai, and the UK. 

Advisor to the Prime Minister on Accountability Shahzad Akbar reacting to the development said that reports of Shahbaz Sharif being acquitted by the British court were incorrect.

He also clarified that neither had the ARU nor NAB requested the UK government to initiate a probe against the PML-N leader.