Suleman Shahbaz declared proclaimed offender in money laundering case.

An accountability court in Lahore on Monday declared Suleman Shahbaz, son of PML-N President Shahbaz Sharif, a proclaimed offender in a money laundering case against the Sharif family and issued fresh non-bailable arrest warrants against him.

Accountability court judge Ameer Mohammad Khan issued the orders on a request of the National Accountability Bureau (NAB). The accountability watchdog informed the court that all of Suleman's properties have already been seized as per the court's earlier order.

During the hearing, Advocate Hafiz Asadullah Awan on behalf of NAB contended that Suleman did not appear before the accountability watchdog despite six call-up notices.

The counsel informed the court that the NAB chairman had already issued arrest warrants for the suspect in the case. He added that Suleman had fled from the country [to avoid NAB proceedings against him].

Submitting details of Suleman's properties, NAB informed the court that the bureau had seized the suspect's shares amounting to Rs2 billion in 16 companies. According to the NAB report, it also seized cash worth Rs4.1 million held in three banks accounts as well as $4,000 dollars in two different bank accounts of the suspect.

In addition, NAB also seized 10 marlas agricultural land and pieces of land spread over 209 kanal owned by Suleman.

NAB alleged that assets worth Rs3.3 billion had been identified so far as illegally accumulated by Hamza Shahbaz, Suleman and their father Shahbaz. It said the whole family committed massive money laundering in the name of foreign remittances and loans.

Last year, Suleman had appeared before NAB Lahore regarding the provision of record of his family's property.

In a notice issued to him, NAB had said: 'During interrogation, Shahbaz Sharif has stated that all of his matters relevant to assets...

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