Court orders confiscation of Nawaz’s assets in Toshakhana reference

By: News Desk      Published: 02:32 PM, 1 Oct, 2020
Court orders confiscation of Nawaz’s assets in Toshakhana reference
File photo.

An accountability court in Islamabad on Thursday ordered the confiscation of the assets owned by PML-N supremo Nawaz Sharif in Toshakhana reference, reported 24NewsHD TV channel.

These orders were passed by the accountability court judge, Syed Asghar Ali, after the National Accountability Bureau (NAB) presented the details of these moveable and immovable assets.

In this connection, the report submitted with the court mentions over 1,650 kanals of agriculture land in Lahore and another 102 kanals in Sheikhupura, vehicles (Mercedes, Land Cruiser and two tractors), local and foreign currency accounts in a bank’s Lahore branch as well as a residence in Murree.

Previously, the court had indicted former president Asif Ali Zardari, former premier Yousaf Raza Gilani and others while declaring Nawaz Sharif absconder in the Toshakhana reference.

As Nawaz failed to appear before the court, the judge had also sought the details of his moveable and immovable properties within seven days, which would be confiscated if he failed to appear before the court.

The National Accountability Bureau (NAB) filed this reference against the two leaders, accusing them of obtaining cars from Toshakhana (gift depository) by paying 15 percent of the actual price.

It also alleged that Zardari also received cars as gifts from Libya and the UAE when he was president and used them for his personal use instead of depositing them in the treasury.

Gilani has been accused of facilitating Zardari and Nawaz in this matter by relaxing the procedure for acceptance and disposal of gifts.

Anwar Majeed and Khawaja Abdul Ghani Majeed, owners of the Omni Group, are also nominated as accused in the reference.

The anti-graft body says Nawaz was not holding any public office in 2008 but was given a vehicle without any justification.