NCA releases Shehbaz Sharif money laundering case’s file

The Shehbaz Sharif family’s request for non-disclosure of National Crime Agency (NCA) documents has been rejected as the British High Court dismissed the petition of Suleman Shehbaz and ordered to make the papers public.

According to sources, Baaghi TV has obtained the details of the NCA documents. United Kingdom’s (UK) super anti-corruption force, NCA, has raised many questions in the recent documents that have been made public. Why does Suleman Shehbaz want to hide documents related to money laundering case? What is it in the papers that Suleman Shehbaz does not want the documents to come to light?

According to the NCA document, Suleman Shehbaz moved to the UK permanently in 2018. He cited cases against him in Pakistan as the reason for his permanent transfer, on which the UK granted TR-1 visa and resident permit to Suleman Shehbaz on August 16, 2019.

Suleman Shehbaz’s secret business ventures revealed

The document states that Suleman Shehbaz had obtained a visa by showing an investment of £200,000 for accommodation. He had proposed to set up a bioethanol trading company in London, with the help of Zulfiqar Ahmed, a British citizen. Zulfiqar Ahmed used to give money for daily expenses to Suleman Shehbaz and also used to invest in Suleman Shehbaz’s dairy business.

Furthermore, the NCA investigated the money trail of two flats owned by Shehbaz Sharif, his associated bank account, and around £700,000 in Suleman’s accounts. It was alleged by the NCA that £700,000 in Suleman’s accounts were laundered from Pakistan by Shehbaz Sharif.

The NCA said it suspected that the money transferred to Carter Ruck’s account was associated with Suleman Sharif. After permission was granted to NCA by the court, steps were taken to access Shehbaz Sharif’s accounts at Habib Bank’s London branch and Barclays Bank. The UK’s anti-corruption force told the court that Sharif had laundered criminal funds into the UK, committing offences against s.327, s.328, and s.329 of the 2002 Proceeds of Crime Act (POCA).

Decision on Shehbaz family plea against freezing of properties on Dec 11

Suleman and Shehbaz Sharif’s business relationship has also come to light from NCA documents. Documents prove that Suleman and Shehbaz Sharif had a business relationship as Shehbaz sold his flat in London and gave the money as loan to Suleman. On FIA questions, Shehbaz Sharif had said that Suleman Shehbaz looks after business matters.

Three investigation agencies including National Accountability Bureau, Asset Recovery Unit and Federal Investigation Agency took part in the investigation. They provided the documents and support in the probe. It may be recalled that Suleman Shehbaz had fled to the UK as soon as the investigation into the fake accounts case started in Pakistan. The courts have declared him a fugitive.

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