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Rs25b money laundering probe: FIA seeks money trail from Hamza


July 4, 2021
LAHORE: The Federal Investigation Agency (FIA) has issued a show cause notice to the Opposition Leader in the Punjab Assembly Hamza Shehbaz, directing him to provide money trail in a Rs25 billion alleged money laundering investigation against him and the family.
The investigating agency has warned that in case of non-compliance within 30 days of issuing the notice, Hamza’s assets could be seized.
It has been learnt that Hamza has been directed to appear before the agency at the end of the month and bring complete record pertaining to his vehicles, bank account details, shares, jewellery, cash and prize bonds. “You are directed to appear before the agency at the end of the month and provide money trail of assets owned by you,” the notice read. Talking to The News, FIA sources said the notice had been served on Hamza under Section 9 of Anti-Money Laundering Act 2010. Section 9 states, “The investigating officer shall not later than seven days from t ....

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Money laundering case: Hamza faces FIA probe for 45 minutes


July 1, 2021
LAHORE: Opposition Leader in Punjab Assembly Hamza Shehbaz on Wednesday appeared before the Federal Investigation Agency in Rs25 billion alleged money laundering probe against him and his family members.
Hamza submitted written reply to the investigation team and faced the investigators for 45 minutes. It was the second time that Hamza has appeared before the Joint Investigation Team of the FIA dealing with money laundering investigation against Shehbaz family.
It was learnt that in his statement, Hamza said that a false statement was attributed to him and was aired on media regarding his previous hearing before the FIA. He said the NAB probed the same case and could not find anything against him and family members. “In December I was questioned by the FIA in jail. ....

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Money-laundering case: Hamza faces FIA probe for 45 minutes


July 1, 2021
LAHORE: Opposition Leader in Punjab Assembly Hamza Shehbaz on Wednesday appeared before the Federal Investigation Agency in Rs25 billion alleged money laundering probe against him and his family members. Hamza submitted written reply to the investigation team and faced the investigators for 45 minutes. It was the second time that Hamza has appeared before the Joint Investigation Team of the FIA dealing with money laundering investigation against Shehbaz family.
It was learnt that in his statement, Hamza said that a false statement was attributed to him and was aired on media regarding his previous hearing before the FIA. He said the NAB probed the same case and could not find anything against him and family members. “In December I was questioned by the FIA in jail. However, I am unable to understand why the agency thought about probing the matter further after the gap of six months,” Hamza added. ....

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