ISLAMABAD – Britain-based totally newspaper daily Mail has exposed an alleged cash laundering scandal of Pakistan Muslim League-Nawaz (PML-N) president and the leader of the competition in the countrywide assembly (NA) Shehbaz Sharif from the United Kingdom government aid for earthquake victims in Pakistan.
according to a confidential research file seen with the aid of daily Mail, millions of kilos have been transferred into the bank bills of Shehbaz’s circle of relatives participants, which includes his wife, children and a son-in-regulation.
The newspaper states to have interviewed key witnesses held on remand in jail, consisting of a united kingdom citizen Aftab Mehmood.
Mehmood claims that he had laundered tens of millions on behalf of Shahbaz’s own family from a nondescript office in Birmingham – with out attracting suspicion from Britain’s financial regulators, who inspected his books often.
consistent with each day Mail, investigators are satisfied that a number of the allegedly stolen cash got here from branch for worldwide development (DFID)-funded useful resource tasks.
For rehabilitating and rebuild lives of the negative, the DFID gave £fifty four million from uk taxpayers; and the felony documents allege that Shahbaz’s son-in-regulation received about £1 million from that fund.
furthermore, investigators have launched inquiries into alleged thefts from DFID-funded schemes to offer poor women coins to lift them out of poverty and to offer healthcare for rural households, in keeping with the e-book.
Allegedly, stolen millions have been laundered in Birmingham and then allegedly transferred to Shahbaz’s family’s bills by means of united kingdom branches of banks along with Barclays and HSBC;
furthermore, it says that self-confessed Birmingham cash-launderer Aftab Mehmood instructed the MoS that he had his debts audited each 3 months by Her Majesty’s revenue and Customs – who did not note anything was amiss;
As per declare by way of the day by day Mail, Britain’s countrywide Crime corporation has been working carefully with Pakistani investigators and domestic Secretary Sajid Javid is discussing the feasible extradition of individuals of Shahbaz’s own family who’ve taken safe haven in London;
privy to how widespread corruption is in Pakistan, DFID has been strolling a £1.seventy five million challenge designed to ‘reduce the publicity to fraud and corruption’ of united kingdom aid. however even though it says it’s far already vigilant, DFID admits that, to this point, it has referred just one person to the Pakistani authorities for looking to thieve uk budget.
Contrarily, according to the newspaper, Shahbaz’s son Suleman denied the allegations towards him and his circle of relatives, saying they had been the made from a ‘political witch-hunt’ ordered by using Pakistan’s new top minister, the former cricketer Imran Khan. ‘No allegation has been demonstrated. there may be no evidence of kickbacks,’ he stated.
high Minister Imran Khan shaped a special group – the Asset recovery Unit – headed with the aid of a united kingdom-knowledgeable barrister, and it has tested a chain of suspicious transactions going for walks to many tens of millions and proven that Shahbaz’s family’s property grew incredibly during the years he turned into in strength.
A private research report, visible by means of day by day Mail, says the own family turned into really worth simply £one hundred fifty,000 in 2003 however by using 2018 their overall property had grown to approximately £200 million. among different residences, Shahbaz owns a 53,000 sq.toes palace in Lahore, which has its very own large protection force.
The cash, the report says, was channelled from overseas – via several elaborate money-laundering schemes, wherein Britain played a important position.
The file claims laundered payments had been made to Shahbaz’s youngsters, his spouse and his son-in-law Ali Imran. however it provides that Shahbaz ‘was the major beneficiary of this cash-laundering corporation, by means of way of spending, acquisition of properties and their enlargement into palatial homes wherein he lived.’
one of the most audacious schemes became said to be targeted on Birmingham. The record lists 202 ‘private remittances’ from the United Kingdom and the United Arab Emirates into the bank bills of Shahbaz’s wife, sons and two daughters.
Pakistan’s Earthquake comfort and Reconstruction Authority (ERRA), installation after the devastating quake of 2005, acquired £fifty four million from DFID between then and 2012, both for immediate comfort and lengthy-time period schemes to rebuild victims’ lives.
Ikram Naveed, the previous finance director of ERRA, pleaded responsible and confessed last November to embezzling approximately £1.5 million from ERRA all through the period DFID turned into funding it, of which he passed on nearly £1 million to Ali Imran, Shahbaz’s son-in-regulation who’s married to his daughter Rabia.
“Investigators have released inquiries into alleged thefts from DFID-funded schemes to offer negative girls coins to raise them out of poverty and to provide healthcare for rural families,” the file said.
closing year, each day Mail disclosed the case against Pakistan’s former top minister, Shahbaz’s brother Nawaz Sharif, who had built up a London belongings empire really worth £32 million.