FIA gives clean chit to Suleman Shehbaz in money laundering case

Suleman and Naqvi also inform court their desire to withdraw bail pleas.

FIA gives clean chit to Suleman Shehbaz in money laundering case. The Federal Investigation Agency (FIA) on Saturday declared Suleman Shehbaz, son of Prime Minister Shehbaz Sharif, innocent in the Rs16 billion money laundering case.

Suleman, who returned to Pakistan earlier in December after four years of self-exile in London, was an accused in a money laundering case registered with the FIA in which the special court, central had also acquitted PM Shehbaz and his son Hamza Shahbaz in October.

An accountability court granted interim bail to Suleman in the money laundering case on December 23, 2022 against bail bonds worth Rs500,000 after he filed a bail plea stating that the court needed to fulfil legal procedures before declaring him an absconder.

The investigation agency submitted a supplementary challan in an accountability court in Lahore, stating Suleman and co-accused Tahir Naqvi were “not found guilty”.

Prior to his return, the Islamabad High Court (IHC) had restrained FIA and National Accountability Bureau (NAB) — with which Suleman is booked in the assets beyond means case — from arresting him.

The special court (central) was hearing Suleman’s pre-arrest bail plea. However, during the hearing, advocate Amjad Parvez informed the court that Suleman and Naqvi wanted to withdraw their bail pleas submitted earlier.

PTI to challenge acquittal in Supreme Court

Reacting to the development, Pakistan Tehreek-e-Insaf (PTI) Senior Vice-President Fawad Chaudhry said that the incumbent government’s “only purpose” is to end the cases against its members.

“Since this government has come into power, they have only one purpose [which is] to end their cases,” Fawad said while speaking to a private channel. He maintained that Suleman getting the “clean chit is also linked.”

Fawad further added that PTI would challenge Pakistan Muslim League-Nawaz (PML-N) Senior Vice-President Maryam Nawaz, PM Shehbaz and others’ acquittal in various cases, in the Supreme Court.

He said that a plea in this regard will be filed in the apex court on Monday.

The case

In November 2020, the investigation agency booked Shehbaz and his sons Hamza and Suleman under sections 419, 420, 468, 471, 34 and 109 of the Prevention of Corruption Act and r/w 3/4 of Anti Money Laundering Act.

Arrest warrants had been issued for Suleman, however, in its report submitted to the court, the FIA had stated that the warrants could not be executed since Suleman was not present at his address and had gone abroad.

In July this year, a trial court had also declared him a proclaimed offender, along with another suspect in an Rs16 billion money laundering case.

According to the FIA report, the investigation team “detected 28 Benami accounts of the Shehbaz family through which money laundering of Rs16.3 billion was committed from 2008-18. The FIA examined a money trail of 17,000 credit transactions.”

The report added that the amount was kept in “hidden accounts” and “given to Shehbaz in a personal capacity”.