Sharif Group’s CFO gets 14 days physical remand

0
55 views

From Abid Usman

LAHORE: An accountability court on Monday granted 14 days’ physical remand of Sharifs’ chief financial officer (CFO) to the National Accountability Bureau (NAB).
The NAB produced Muhammad Usman, the CFO of Sharif Group of Companies, before Admin Judge Jawad ul Hassan in the accountability court.
NAB prosecutor sought physical remand of the accused and argued that Muhammad Usman has played key role in alleged money laundering by the Sharif Family.
“The accused was supervising the accounts of Sharifs and was involved in money laundering,” the NAB lawyer further argued.
Mushtaq Cheeni, an approver in the money laundering case, had also stated about involvement of Usman in money laundering by Sharifs, NAB prosecutor further said.
“On the instructions of Salman Shehbaz, Muhammad Usman was operating fake TT system and conducting money laundering in collaboration with Qasim Qayyum,” accountability bureau’s lawyer further said.