British court acquits Shahbaz Sharif of money laundering

A British court has acquitted opposition leader in the National Assembly and PML-N president Shahbaz Sharif and his family of money laundering and criminal activity charges. 

The British National Crime Agency has submitted an investigation report on the frozen bank accounts of Shahbaz Sharif and his son Suleiman Sharif in the Westminster Court.

According to the report, no evidence of money laundering, corruption, and criminal activity was found in Shabaz Sharif and his family’s bank accounts. The 21-month investigation looked at 20 years of financial affairs, the report detailed.

It may be recalled that the British agency had launched an investigation at the request of the government of Pakistan, NAB, and the East Recovery Unit, upon which the accounts of Shahbaz Sharif and the Sharif family in the UK and UAE were investigated.

The court acquitted Shahbaz Sharif and his family of money laundering and criminal activities and also ordered the restoration of frozen accounts, which were frozen in December 2019 on a court order.

Shahbaz Sharif and Suleiman Shahbaz’s bank accounts were made subject to a high-level investigation, and those accounts were frozen following a request from the British government of Pakistan to recover money from corruption. 

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