AIRLINK 71.69 Decreased By ▼ -2.41 (-3.25%)
BOP 5.00 No Change ▼ 0.00 (0%)
CNERGY 4.39 Increased By ▲ 0.05 (1.15%)
DFML 28.55 Decreased By ▼ -0.99 (-3.35%)
DGKC 82.40 Decreased By ▼ -1.15 (-1.38%)
FCCL 21.95 Decreased By ▼ -0.48 (-2.14%)
FFBL 34.15 Decreased By ▼ -0.75 (-2.15%)
FFL 10.08 Increased By ▲ 0.21 (2.13%)
GGL 10.12 Increased By ▲ 0.12 (1.2%)
HBL 113.00 Increased By ▲ 1.00 (0.89%)
HUBC 140.50 Increased By ▲ 2.81 (2.04%)
HUMNL 8.03 Increased By ▲ 1.05 (15.04%)
KEL 4.38 Decreased By ▼ -0.02 (-0.45%)
KOSM 4.50 Decreased By ▼ -0.09 (-1.96%)
MLCF 38.01 Decreased By ▼ -0.54 (-1.4%)
OGDC 134.69 Decreased By ▼ -1.91 (-1.4%)
PAEL 26.62 Increased By ▲ 1.48 (5.89%)
PIAA 25.40 Decreased By ▼ -1.11 (-4.19%)
PIBTL 6.55 Decreased By ▼ -0.10 (-1.5%)
PPL 121.95 Decreased By ▼ -3.45 (-2.75%)
PRL 27.73 Decreased By ▼ -0.48 (-1.7%)
PTC 13.80 Decreased By ▼ -0.50 (-3.5%)
SEARL 54.89 Increased By ▲ 0.29 (0.53%)
SNGP 69.70 Decreased By ▼ -1.50 (-2.11%)
SSGC 10.40 Decreased By ▼ -0.10 (-0.95%)
TELE 8.50 Decreased By ▼ -0.02 (-0.23%)
TPLP 10.95 Increased By ▲ 0.01 (0.09%)
TRG 60.90 Increased By ▲ 0.20 (0.33%)
UNITY 25.22 Decreased By ▼ -0.11 (-0.43%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
BR100 7,619 Decreased By -45.8 (-0.6%)
BR30 24,969 Decreased By -56.1 (-0.22%)
KSE100 72,761 Decreased By -3 (-0%)
KSE30 23,625 Decreased By -150.3 (-0.63%)
Pakistan

Court acquits Nawaz Sharif’s principal secretary in assets beyond means case

  • His counsel argues that NAB's inquiry against Fawad was illegal because it lay beyond its jurisdiction
Published February 2, 2023

An accountability court on Thursday acquitted ousted prime minister Nawaz Sharif’s principal secretary Fawad Hassan Fawad, and his family in assets beyond means reference, Aaj News reported.

The National Accountability Bureau (NAB) had filed a reference of Rs4.56 billion case against Fawad Hassan Fawad. Fawad's wife, brother and Dr Anjum Hassan were named in the same reference.

In July 2020, the Lahore High Court (LHC) granted bail to Fawad Hassan Fawad in the assets beyond means case. He had spent over a year and a half in jail.

In December last, Fawad filed a petition in the accountability court, seeking acquittal in the case.

His counsel argued that the NAB's inquiry against Fawad was illegal because it lay beyond its jurisdiction.

Fawad said he did not want to benefit from the recent amendments to the National Accountability Bureau (NAB) laws earlier this year.

“I seek an early decision on the case's merits,” the former principal secretary said.

In 2018, the NAB Lahore launched an investigation against him for allegedly failing to reveal the sources of assets worth more than Rs1.9 billion. It said the accused owned an eight-kanal commercial plot, a plaza in Rawalpindi valued at Rs5 billion and 14 “benami” bank accounts.

Comments

Comments are closed.

Tariq Mahmood Feb 03, 2023 12:13pm
Unfortunately all the corrupt mafia is acquitted of all the proven charges.
thumb_up Recommended (0)