The relatives were also the shareholders of said companies, NAB’s prosecutor informed the court. Were these companies established in 2005?
To this, NAB replied that at different points of time after 2005, these companies were established. The prosecutor further added that eight major companies had also been established between 2008 and 2018. The assets of Rs299 million and 26 TTs had been transferred in Nusrat Shehbaz.
At this, Shehbaz s counsel Amjad Pervez argued that this case was a hearing related to Shehbaz Sharif.
Salman Shehbaz received TTs valuing Rs1 billion and Rs60 million, the NAB argued further.
Justice Najafi asked that what was the age of Salman Shehbaz when he received his first TT? The NAB’s prosecutor replied that he was 23 years old at the time.
Top Story
April 22, 2021
LAHORE: A Lahore High Court (LHC) full bench on Wednesday held its first hearing on the post-arrest bail petition of Leader of Opposition in National Assembly Shahbaz Sharif in a money-laundering reference by the National Accountability Bureau (NAB). At the outset of the hearing, Shahbaz’ counsel Azam Nazir Tarar said it is unfortunate that a division bench previously allowed the bail petition and later issued a split decision. He said the website of the LHC showed the result of the petition as allowed for three days and on the fourth day, there was a changed decision. The counsel said he witnessed change in an announced decision for the first time in his 27 years of law practice.
Top Story
April 22, 2021
LAHORE: A Lahore High Court (LHC) full bench on Wednesday held its first hearing on the post-arrest bail petition of Leader of Opposition in National Assembly Shahbaz Sharif in a money-laundering reference by the National Accountability Bureau (NAB).
At the outset of the hearing, Shahbaz’ counsel Azam Nazir Tarar said it is unfortunate that a division bench previously allowed the bail petition and later issued a split decision. He said the website of the LHC showed the result of the petition as allowed for three days and on the fourth day, there was a changed decision. The counsel said he witnessed change in an announced decision for the first time in his 27 years of law practice.
A Lahore High Court full bench on Thursday granted post-arrest bail to PML-N President Shehbaz Sharif in a money laundering reference. AFP/File
The Lahore High Court (LHC) on Thursday granted post-arrest bail to Leader of the Opposition in the National Assembly Shehbaz Sharif in a money laundering reference by the National Accountability Bureau (NAB).
The three-judge bench, headed by Justice Ali Baqar Najafi, gave a unanimous verdict. According to the short court order, a copy of which is available with
Dawn.com, the PML-N leader was required to furnish two bail bonds worth Rs5 million each.
Shehbaz s counsel Azam Nazeer Tarar said the surety would be submitted tomorrow as the court office hours had ended today. He said Shehbaz would be released from jail tomorrow (Friday).
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