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Sharif family used the company to  launder $10 million out of the country

Sharif family used the company to launder $10 million out of the country

October 26, 2018

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Sharif family used the company to launder $10 million out of the country

Zahid ImranbyZahid Imran
October 26, 2018
in National
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Sharif family used the company to  launder $10 million out of the country
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  • SC admits NAB’s review petition for hearing in Hudaibiya Paper Mills case

Image result for Sharif family used the company to launder $10 million out of the country

ISLAMABAD, October 26: Supreme Court (SC) on Friday admitted National Accountability Bureau’s (NAB) review petition regarding Hudaibiya Paper Mills case for hearing.
According to details, a three-member bench headed by Justice Mushir Alam will conduct hearing of the case on October 29.
Earlier on December 15, Justice Mushir Alam had unanimously rejected an appeal by the NAB seeking annulment of Lahore High Court (LHC) to shut Hudaibiya Paper Mills case clearing Sharif family members.
The lawyer had told the court that there were spaces in LHC decision, therefore, the plea should be considered for justice. However, the apex court declared it inadmissible as it had got expired.
The NAB prosecution alleged that in 1990s, Sharif family used the company to launder 1.2 billion Pakistani rupees ($10 million) out of the country.
The case was lodged against Nawaz Sharif, his brother and former Punjab Chief Minister Shahbaz Sharif, Hamza Shahbaz and other members over Federal Minister for Finance Ishaq Dar’s confessional statement on April 25, 2000 before magistrate in Lahore. The reference was afterwards dismissed by LHC referee judge Justice Sardar Shamim on March 11, 2014 in response to a writ petition filed in 2011, claimong that Dar was pressurized to record the statement. -DNA

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