AIRLINK 58.23 Decreased By ▼ -0.37 (-0.63%)
BOP 6.24 Increased By ▲ 0.03 (0.48%)
CNERGY 3.97 Decreased By ▼ -0.02 (-0.5%)
DFML 16.07 Increased By ▲ 0.06 (0.37%)
DGKC 67.61 Increased By ▲ 0.29 (0.43%)
FCCL 17.82 Increased By ▲ 0.27 (1.54%)
FFBL 25.40 Decreased By ▼ -0.49 (-1.89%)
FFL 9.15 Increased By ▲ 0.01 (0.11%)
GGL 9.79 Increased By ▲ 0.02 (0.2%)
HBL 113.77 Increased By ▲ 1.27 (1.13%)
HUBC 111.61 Decreased By ▼ -3.68 (-3.19%)
HUMNL 6.55 Decreased By ▼ -0.04 (-0.61%)
KEL 4.39 Increased By ▲ 0.17 (4.03%)
KOSM 4.59 Increased By ▲ 1.03 (28.93%)
MLCF 37.73 Increased By ▲ 0.62 (1.67%)
OGDC 125.21 Increased By ▲ 8.81 (7.57%)
PAEL 22.61 Decreased By ▼ -0.10 (-0.44%)
PIAA 11.10 Increased By ▲ 0.31 (2.87%)
PIBTL 6.17 Decreased By ▼ -0.08 (-1.28%)
PPL 109.07 Increased By ▲ 5.07 (4.88%)
PRL 26.84 Increased By ▲ 0.45 (1.71%)
PTC 10.48 Increased By ▲ 0.95 (9.97%)
SEARL 52.85 Increased By ▲ 0.86 (1.65%)
SNGP 66.38 Increased By ▲ 1.26 (1.93%)
SSGC 11.01 Increased By ▲ 0.08 (0.73%)
TELE 7.13 Decreased By ▼ -0.08 (-1.11%)
TPLP 11.93 Decreased By ▼ -0.06 (-0.5%)
TRG 76.07 Decreased By ▼ -0.78 (-1.01%)
UNITY 20.47 Decreased By ▼ -0.02 (-0.1%)
WTL 1.30 No Change ▼ 0.00 (0%)
BR100 6,441 Increased By 109.2 (1.72%)
BR30 22,098 Increased By 468.8 (2.17%)
KSE100 62,816 Increased By 901.5 (1.46%)
KSE30 21,134 Increased By 282.7 (1.36%)
Pakistan

Money laundering case: Assets of Shehbaz Sharif family seized

  • The report presented in the court reads that NAB had frozen the assets of Shehbaz Sharif family.
  • Former CM Punjab is accused of accumulating assets worth Rs7,328 million in connivance with his co-accused family members, benamidars, front persons and close associations and for developing an organized system of money laundering.
Published December 22, 2020

The National Accountability Bureau (NAB) on Tuesday seized the assets of Pakistan Muslim League Nawaz (PML-N) president Shehbaz Sharif’s family in money laundering reference.

An accountability court heard the reference against leader of the opposition’s family, where Shehbaz Sharif was presented before the court.

During the proceedings, the NAB Lahore director-general submitted a report.

The report said that NAB had frozen the assets of Shehbaz Sharif's wife Nusrat Shehbaz, son Sulaiman Shahbaz, daughter Rabia Imran and son-in-law Haroon Yousaf.

Expressing the court's displeasure over the chaos that erupted during the proceedings, Judge said, “Those who have come to meet Shehbaz Sharif, please leave the room. The noise is interrupting court proceedings," the judge said, expressing the court's displeasure over the chaos that erupted during the proceedings.

"If you people don't stop, I will get up and leave," he warned.

Earlier, the court Admin Judge Jawadul Hassan had issued a two-page reserved verdict, directing the concerned authorities to present an implementation report over seizing properties of Shehbaz's family.

The court had already declared Nusrat Shahbaz a proclaimed offender in the case earlier this month.

The court had observed that Nusrat Shahbaz was repeatedly summoned to court but she didn’t turn up. It said she was given a 30-day respite, which has ended.

It is worth to mention here that Leader of the Opposition in National Assembly is accused of accumulating assets worth Rs7,328 million in connivance with his co-accused family members, benamidars, front persons and close associations and for developing an organized system of money laundering.

Comments

Comments are closed.