Private bank VP sent on 14-day judicial remand in Shehbaz Sharif money laundering case
A local court in Lahore sent the vice president of the private bank to 14-day judicial remand on charges of influencing witnesses in a money laundering case against PML-N president Shehbaz Sharif and others, reported 24NewHD TV channel.
Judicial Magistrate Yousuf Abdur Rehman granted judicial remand of the accused vice president. The prosecution told the court accused mobile phone has been confiscated.
FIA prosecutor said that the accused allegedly coerced prosecution witnesses, including bank officials, into changing their statements in the Shehbaz Sharif money laundering case.
It is pertinent to note that former chief minister of Punjab and PMLN President Shehbaz Sharif and his son Hamza Shehbaz were facing charges of laundering Rs25 billion using the Ramazan Sugar Mills and Al-Arabiya Sugar Mills.