Lahore: An accountability court (AC) on Monday handed Mohammad Usman, the Chief Financial Officer of the Sharif Group of Companies, to the NAB’s custody for 14 days on judicial remand.
The National Accountability Bureau (NAB) has said it arrested Mohammad Usman, over alleged evidence and in light of witnesses’ statements relating to money laundering activities.
The NAB Prosecutor Waris Ali Janjua made these remarks during the hearing of a plea on Monday filed by Usman.
The NAB prosecutor told the court that the CFO had been arrested based on statements of suspects who were arrested previously on money laundering charges.
“Mohammad Usman used to launder money for the Sharif family,” the prosecutor told the court.
To this, the court asked Janjua if the suspect had been told on what grounds he had been arrested. To this, the NAB prosecutor said that the reasons were properly conveyed.
When the court asked Usman regarding his arrest, the suspect said that he was travelling on Multan Road two days ago, when his arrest was made.
“The NAB officials told me the reasons behind [my] arrest last night,” he told the court
Usman’s lawyer, however, told the court that his client was arrested on a “political basis”.
“Mohammad Usman is a chartered accountant and a very qualified individual,” the lawyer told the court, stressing that the arrest was not justified.
The court, after hearing the arguments, handed Usman over to NAB’s custody for 14 days on judicial remand.