Court approves NAB plea to auction Nawaz Sharif s properties
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SECP has been directed to sell the shares of Nawaz Sharif
ISLAMABAD (Dunya News) – Accountability court on Friday has approved plea of National Accountability Bureau (NAB) seeking auction of former prime minister and Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif’s properties.
According to details, chairman Securities & Exchange Commission of Pakistan (SECP) has been directed to sell the shares of Nawaz Sharif while deputy commissioners of Lahore and Sheikhupura have been ordered to sell the lands of the former premier.
The anti-graft watchdog took the decision as Nawaz Sharif was declared proclaimed offender in the Toshakhana reference.
NAB decides to auction Nawaz Sharif s properties
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The NAB took the decision as Nawaz Sharif was declared proclaimed offender in Toshakhana reference.
ISLAMABAD (Dunya News) – The National Accountability Bureau (NAB) has on Monday decided to auction all properties of former prime minister and Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif.
The anti-graft body’s spokesperson told that the bureau will move an accountability court in this regard. The NAB took the decision as Nawaz Sharif was declared proclaimed offender in the Toshakhana reference.
According to the Securities and Exchange Commission of Pakistan (SECP), Nawaz Sharif has shares in four companies and eight accounts in private banks including three foreign currency accounts. He has 6 lac and 12 thousand rupees in five accounts and 566 euros, 698 USD and 498 GBP in foreign currency accounts.
Transfer of government land in Jati Umrah rescinded: Shahzad Akbar
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Punjab government owned 800-kanal land in Jati Umrah in past, Shahzad Akbar said.
LAHORE (Dunya News) – Special Assistant to the Prime Minister (SAPM) on Accountability Shahzad Akbar Friday said the transfer of government land in Jati Umrah has been rescinded.
Shahzad Akbar held a press conference and said a rumor was spread for cheap publicity that the Punjab government is going to launch an operation. He said Pakistan Muslim League-Nawaz (PML-N) should not get worried as buildings are demolished by bulldozers and not by containers.
The SAPM said the real name of Jati Umrah is Moza Manik and it has been unearthed after inquiry that 800-kanal land was owned by the Punjab government there. He told that the province has no land in its name at the moment despite the fact that government land cannot be transferred.