Interior Minister Rehman Malik on Saturday uncovered involvement of Nawaz Sharif and his family in a $32 million money laundering scandal, saying he would expose their further corruption acts.
Addressing a crowded press conference, the minister said he would send a reference of the scam to the National Accountability Bureau (NAB) next week and would present all documents in the court if summoned.
Rehman Malik asked the Supreme Court to take a suo motu notice of the scandal in which the precious money of the national exchequer was sent abroad.
He said being an interior minister, he could have directed the Federal Investigation Agency (FIA) to register a case against those involved in the money laundering scandal and got them arrested, but he decided to refer the case toNAB for an independent inquiry.
The minister said collecting proofs against the Sharif family’s corruption was his personal endeavour. This was the beginning and he would expose their further corruption acts with documents in the days to come, he added.
Giving details about the scandal, he said the Hudabiya Paper Mills Limited, owned by the Sharif family, entered into a leasing contract with M/s Altowfeek Company for investment funds under the laws of the Cayman Islands on February 15, 1995 for lease of paper manufacturing machinery. The leasing price was $12.046 million, he added.
He said Shahbaz Sharif and Abbas Sharif and another, provided guarantee in writing to pay jointly and severally to the leasing company, all sums due against the Hudabiya Paper Mills under any agreement up to a maximum of US$10 million with all profits and charges.
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