Shehbaz Sharif, Pakistan’s prime minister, refers to himself as “Majnoo” in court

In November 2020, Pakistan’s Federal Investigation Agency (FIA) charged Shehbaz Sharif and his sons, Hamza and Suleman, for violating numerous sections of the Prevention of Corruption Act and the Anti-Money Laundering Act.

Suleman Sharif lives in the United Kingdom, whereas Hamza Sharif is the Chief Minister of Pakistan’s Punjab province.

From 2008 to 2018, the FIA discovered 28 benami accounts, purportedly belonging to the Shehbaz family, through which an amount of Pakistan Rupee 14 billion (USD 75 million) was laundered.

The FIA looked into the financial records of 17,000 credit transactions.

He became Pakistan’s Punjab Chief Minister for the second term in 2008 and he grabbed the same slot for the third time in 2013.

“My family lost PKR 2 billion because of my decision. I am telling you the reality. When my son’s ethanol production plant was being set up, I still decided to impose a duty on ethanol. My family lost PKR 800 million annually because of that decision. The previous government withdrew that notification stating that it was injustice with the sugar mills,” he claimed.

The Prime Minister’s legal team stated that the money laundering case was “politically motivated” and “based on mala fide motives” by Imran Khan’s previous government.

The special court had issued arrest warrants for Suleman Sharif in the case after extending the interim bails of Shehbaz Sharif and Hamza Sharif till May 28 during the previous hearing on May 21.