- Scam is related to embezzling Rs 600 mln from the national exchequer to construct a nullah for the drainage of polluted water from Sharifs’ owned Ramzan Sugar Mills
ISLAMABAD, September 28: The National Accountability Bureau (NAB) has launched investigation into another corruption scam involving Sharif brothers, Nawaz Sharif and Seahbaz Sharif.
According to details, the scam is related to embezzling Rs 600 million from the national exchequer to construct a nullah for the drainage of polluted water from Sharif brothers-owned Ramzan Sugar Mills.
The NAB team has procured the records from Baldia Chiniot as a part of probe.
On July 6 this year, the accountability court had sentenced former premier Nawaz Sharif to a total of 10 years in prison and directed him to pay a fine of £8 million after finding him guilty on different
charges in the Avenfield properties case.
Judge Muhammad Bashir found Mr. Sharif guilty of accumulating assets beyond his known sources of income.
He handed out seven-year imprisonment to the former premier’s daughter Maryam Nawaz and a fine of £2 million. She has been awarded an additional one year’s imprisonment on charges of using Calibri font to fabricate Avenfield properties trust deeds.
Whereas, her husband Captain retired Safdar has been awarded one year’s jail term.
The ex-PM, his daughter and her husband were arrested after they landed in Pakistan on July 13. They were later released on bail on Sep 19. The miseries for the former PM compounded on July 28, 2017,when a five-member bench of the Supreme Court disqualified him in a unanimous verdict in the Panamagate case for concealing salary from a Dubai-based company.
As part of the verdict, the Supreme Court had directed NAB to file references within six weeks based on the findings of the Joint Investigation Team constituted by the court to investigate their offshore assets. Nawaz Sharif has also approached the Supreme Court challenging his disqualification verdict and seeking a stay order against further implementation of the verdict and filing of references against him and other family members by NAB. -NNI
