Tue, 21-Oct-2025

Court orders to confiscate 13 bank accounts of Suleman Shahbaz

bank accounts of Suleman Shahbaz
  • Special Court of Central Lahore ordered the confiscation of 13 National Bank accounts of Salman Shahbaz in the money laundering case
  • The court directed the current accounts of the Al-Arabia sugar Mills, Ramazan Sugar Mills, Chiniot Power Limited, Sharif Fed Mills, and Unitoss Steels to be confiscated
  • The court ordered that the special prosecutor of the Federal Investigation Agency (FIA) should submit the answers of Shahbaz Sharif and Hamza Shahbaz before the court

LAHORE: Special Court of Central Lahore ordered the confiscation of 13 National Bank accounts of Salman Shahbaz in the money laundering case, BOL News reports on Saturday. 

According to the details, the court directed the current accounts of the Al-Arabia sugar Mills, Ramazan Sugar Mills, Chiniot Power Limited, Sharif Fed Mills, and Unitoss Steels to be confiscated. 

The court also gave show cause notices to the Bank officers for the confiscation of accounts. 

The court said that why criminal action should not be taken against the bank officers for not following the court orders and demanded the officers appear before the court on September 17. 

In the written order, the court said that the banks had been given a clear order to freeze the accounts of the advertising accused. The investigating officer had also informed the banks about the court order.

Special Judge Central Ijaz Hasan Awan issued a 4-page written order. The written court order also said that instead of complying with the court order, the banks should provide the account details of Sulaiman Shahbaz. The officers of the banks failed to implement the court order.  

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