Sharif family businesses are money laundering fronts, alleges Imran

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairperson Imran Khan on Tuesday alleged that all businesses of the Sharif family were fronts for money laundering. 

In a series of tweets on Tuesday evening, the PTI chairman said that all enterprises of the Sharif family, established in Pakistan, UK, UAE, and Kingdom of Saudi Arabia, were in a loss and yet Nawaz Sharif and his children's wealth has increased. 

He claimed the enterprises were fronts for money laundering operations. 

Imran further said that the Sharif family has focused on mega projects, instead of social welfare projects, from where money has been siphoned off. 

The PTI chairman, once again reiterated that "it is abundantly clear that their business is corruption".

The remarks by Imran come after a three-member special Supreme Court bench hearing the Panama Papers case observed on Tuesday that it would examine all the material and then decide on disqualifying the premier or sending the matter to an accountability court.

Earlier on Monday, the petitioners delivered their arguments in favour of the Panama case JIT report and against the Sharif family.

The JIT, formed in light of the apex court’s April 20 judgment to probe the Sharif family’s money trail, submitted its 60-day investigation report to the court on July 10.

The report highlighted the failure of the Sharif family to provide a money trail for its London apartments and claimed the prime minister and his children own assets beyond their known sources of income.

Following the report's submission, the special bench issued notices to all parties to submit their responses.