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News

Court orders confiscation of Nawaz Sharif’s assets in plots case

December 24, 2020 11:52 AM


An accountability court ordered confiscation of all the properties/assets of PML-N supremo Nawaz Sharif in the illegal plot allotment case and directed the NAB DG Lahore to submit a report after implementing the orders, reported 24NewsHD TV channel on Thursday.

This written judgment was issued by the accountability court judge, Asad Ali, in Lahore after the earlier submitted details of the moveable and immoveable assets owned by the former prime minister.

Previously, Nawaz Sharif was declared an absconder for not joining the proceedings before an accountability court in the reference which pertains to allotment of plots 34 years ago as the then Punjab chief minister.

According to the NAB, Nawaz owns multiple pieces of agricultural land in Lahore and Sheikhupura besides an urban property at Upper Mall and four vehicles. He also holds shareholdings in Muhammad Bakhsh Textile Mills, Hudaibiya Papers Mills, Hudaibiya Engineering Company and Ittefaq textile Mill.

Mir Shakil-ur-Rehman – Jang/Geo owner and editor-in-chief – is also nominated in the reference for being the alleged beneficiary. He has spent eight months in NAB custody and jail before being released by the Supreme Court on bail in November. 

The NAB says Mir Shakil had illegally acquired 54 plots, each measuring one kanal, in H-Block of Johar Town in 1986 in connivance with Nawaz in violation of the Exemption Policy 1986. Later, he also included two streets in the allotted plots in with connivance Sharif.

It is also alleged that Shakil had the plots transferred in the names of his wife and children, minors at the time, to cover up his crime.  



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