AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,599 Increased By 139.8 (0.55%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

LAHORE: The National Accountability Bureau (NAB) on Friday submitted the file of Ramzan Sugar Mills reference to an accountability court against former prime minister Shehbaz Sharif and his son former chief minister Punjab Hamza Shehbaz.

The NAB is approaching the accountability courts for reopening of the references closed under the defunct amendments in the law set aside by the Supreme Court.

An accountability court on September 7, 2022, had returned the Ramzan Sugar Mills reference to the NAB with an observation that it lacked jurisdiction to proceed further in the case after the amendments introduced in the law.

The scrapped amendments had clipped the jurisdiction of the Bureau to take cognizance of any alleged financial corruption involving money less than Rs 500 million whereas the NAB in the sugar mills reference against Shehbaz and his son made a case of alleged corruption of Rs 213 million.

In the mills reference, the NAB had arrested Shehbaz on October 5, 2018, and the Lahore High Court had released him on bail on February 14, 2019.

The NAB alleged that Shehbaz, being Punjab chief minister, had issued a directive for the construction of a drain in district Chiniot primarily for the use of Ramzan Sugar Mills owned by his sons - Hamza and Suleman.

The NAB is also likely to approach the accountability court for the reopening of Paragon reference against former federal minister for Railways Khwaja Saad Rafiq, his brother Khwaja Salman Rafiq and others.

Copyright Business Recorder, 2023

Comments

Comments are closed.

Parvez Sep 23, 2023 10:16am
Good.....but unless the corrupt go behind bars quickly this too will be an exercise in fooling the people..... something we have seen happening time and again.
thumb_up Recommended (0)