BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

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 for this article.

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.
0