Addressing a news conference, the special assistant accused the former Punjab chief minister and his family of money laundering through telegraphic transfer (TT) facility.
Akbar further alleged that Salman Shahbaz’s assets have increased by almost 8,000 times.
The special assistant on accountability stated the money was transferred abroad through telegraphic transfers and 33 fake companies, including GNC.
He said ‘GNC’ was formed to launder seven to eight billion rupees, and the money was credited to the former chief minister’s account.
‘Sharifs used sugar mill for money laundering’
The accountability czar noted that the three owners of the company – Nisar Ahmad Gul, Malik Ali Ahmed and Tahir Naqvi – are connected to PML-N.
“Nisar Ahmad Gul was the director of political affairs at the CM House, Tahir Naqvi the assistant general manager Sharif Group and Malik Ali Ahmed has been the political advisor at the CM House.”
He further stated that Nisar Gul is in the custody of the National Accountability Bureau (NAB) and has confessed that GNC was a paper company, with the control room located in the CM House.
Earlier, the SAPM on accountability stated that the Sharif family used Chaudhry Sugar Mills for money laundering and availed millions of rupees in subsidy without actually exporting sugar.
He said the sugar mill was set up in 1991 as an offshore company when Nawaz Sharif was the prime minister and the family had obtained a loan of $15 million from Bahrain to purchase its machinery.
