Nawaz, Shahbaz Sharif defaulters in 9 Pakistani banks

Nawaz Sharif and his brother, Shahbaz, defaulted on nine Pakistani banks.

Lahore: Nawaz Sharif and his brother, Shahbaz, defaulted on nine Pakistani banks and gave death threats to Hamesh Khan after he refused to sanction a loan of Rs 500 million to them during his tenure as the President of the Bank of Punjab.

Pakistan Muslim League-Quaid president Chaudhry Shujaat Hussain on Sunday stated these allegations against the Sharif brothers.

He told reporters that no PML-Q leader owned any property or asset outside the country, adding that the party did not have foreign bank accounts like the “corrupt leadership of the ruling party in Punjab”.

A fresh bank statement was also given, in which it was claimed that the Sharif brothers’ Ittefaq Group was a defaulter of the BoP, National Bank, Habib Bank, United Bank, Muslim Commercial Bank, Punjab Mudarba Bank, Agriculture Development Bank, PICIC and ICP, the Daily Times reports.

The PML-Q leaders also read a statement by Hamesh Khan that was filed in the US Department of State, through his lawyers, which said that Punjab Chief Minister Shahbaz Sharif had pressurised Hamesh to establish him as an approver against former chief minister Pervaiz Elahi and his son Monis Elahi.

They said that Hamesh, the main accused in the BoP and Haris Steel Mills case, had also declared Pervaiz Elahi and Monis Elahi as “neat and clean personalities” because they had not used any unfair means to make money and were not defaulters of any bank.

“The Sharif brothers want to establish connections between Hamesh and the Elahi family, but Hamesh’s statement has rendered any such plans a failure,” Shujaat said.