Sharif Group CFO remanded in NAB custody for 14 days

LAHORE (92 News) – An accountability court remanded Sharif Group CFO Muhammad Usman in the custody of the National Accountability Bureau (NAB) for 14 days. He will be again produced in court on August 17. The NAB prosecutor told court that Muhammad Usman worked for the laundering money for the Sharif family. The counsel for the accused said that Muhammad Usman has been arrested on political grounds. On Sunday, the NAB had arrested Sharif Group Chief Financial Officer Muhammad Usman in the money laundering case. Usman had not appeared before the NAB and joined the investigations despite receiving a notice. Muhammad Usman had joined the Sharif Group as CFO in 2005. He was considered to be a credible person by the Sharif family. Sources said that the NAB had found key evidence against Usman during the investigations. He used to contact different money changers for Shehbaz Sharif, Hamza Shehbaz and Salman Shehbaz and made arrangements for money laundering for the said accused.