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Pakistan

Accountability Court orders forfeiting Nawaz's assets, properties in Toshakhana case

  • Assets include a Mercedes car, Land Cruisers, tractors, bungalow in Murree and 102 Kanals agriculture land in Sheikhupura
01 Oct 2020

(Karachi) An Accountability Court in Islamabad has ordered forfeiting assets and properties of former prime minister Nawaz Sharif in Toshakhana reference, media reported on Thursday.

In his ruling, Accountability Court Judge Asghar Ali instructed the authorities to forfeit assets and properties owned by Nawaz Sharif, including land, luxury vehicles, accounts in local and foreign banks.

The court's verdict came in light of the details provided by the National Accountability Bureau (NAB) regarding the former PM's properties. The accountability watchdog had obtained important record regarding the assets and properties of the absconding Nawaz Sharif during the investigation of Toshakhana reference.

The assets will be forfeited following the directives of the court which include a Mercedes car, Land Cruisers, tractors, bungalow in Murree and 102 Kanals agriculture land in Sheikhupura.

On September 9, an accountability court had declared Nawaz Sharif a proclaimed offender in the Toshakhana reference.

Ex-PM Sharif, former president Asif Ali Zardari and former prime minister Yousuf Raza Gillani are named in the reference for allegedly obtaining luxury vehicles from the treasury by paying 15 per cent of the actual price.