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ISLAMABAD: The Accountability Court Islamabad on Friday ordered auction of seized properties of former prime minister and PML-N supremo Nawaz Sharif in Toshakhana reference.The Accountability Court.
The accountability court has directed the Securities and Exchange Commission of Pakistan (SECP) as well as the relevant authorities to sell unclaimed shares and properties of former prime minister Nawaz Sharif and deposit the proceeds with the state treasury. Dawn/File
• Accountability court seeks compliance report from authorities
• Objection petitions filed against some attached properties
ISLAMABAD: The accountability court has directed the Securities and Exchange Commission of Pakistan (SECP) as well as the relevant authorities to sell unclaimed shares and properties of former prime minister Nawaz Sharif and deposit the proceeds with the state treasury.
Accountability Judge Syed Asghar Ali allowed the application filed by the National Accountability Bureau (NAB), seeking directives to the authorities concerned to sell the attached properties of Nawaz Sharif under section 88 of the Criminal Procedure Code (CrPC).
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April 24, 2021
ISLAMABAD: The Accountability Court Islamabad on Friday ordered auction of seized properties of former prime minister and PML-N supremo Nawaz Sharif in Toshakhana reference.
The Accountability Court Judge Syed Asghar Ali heard the case and accepted the NAB application for auction of the properties of the former prime minister and ordered that wherever Nawaz Sharif’s properties are located the concerned provincial government can carry out the auction. The court directed the deputy commissioners of Lahore and Sheikhupura to submit a report regarding auction within 60 days.
The court also ordered the relevant authorities to submit the proceeds in the national exchequer after auctioning the properties of Nawaz Sharif. The court also ordered the auctioning of Nawaz Sharif’s vehicles within 30 days. The court said police’s help should be sought in getting hold of the vehicles before they are put on sale.
The accountability court has directed the Securities and Exchange Commission of Pakistan (SECP) as well as the relevant authorities to sell unclaimed shares and properties of former prime minister Nawaz Sharif and deposit the proceeds with the state treasury. Dawn/File
• Accountability court seeks compliance report from authorities
• Objection petitions filed against some attached properties
ISLAMABAD: The accountability court has directed the Securities and Exchange Commission of Pakistan (SECP) as well as the relevant authorities to sell unclaimed shares and properties of former prime minister Nawaz Sharif and deposit the proceeds with the state treasury.
Accountability Judge Syed Asghar Ali allowed the application filed by the National Accountability Bureau (NAB), seeking directives to the authorities concerned to sell the attached properties of Nawaz Sharif under section 88 of the Criminal Procedure Code (CrPC).