King of Scandals: NAB to freeze 23 properties of Shahbaz Sharif, family members

NAB Lahore has frozen 23 properties of Shahbaz Sharif and his sons in the income beyond means and money laundering case.

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  • The frozen properties include two houses in Model Town, Nishat Lodges in Donga Gali, Murree.
  • They are acquired by Shahbaz Sharif in the name of his wife Nusrat Shahba.
  • The properties are frozen under section 12 of the National Accountability Ordinance.
  • The NAB is also investigating Shahbaz Sharif’s six companies to monitor transactions.

On Tuesday, NAB Lahore has frozen 23 properties of Shahbaz Sharif and his sons in the income beyond means and money laundering case. The properties are frozen under section 12 of the National Accountability Ordinance.

Illegal Businesses:

NAB claimed that during the investigation of Chaudhry sugar mills case, some illegal business networks run by Shahbaz Sharif and his family members were found.

properties

During the investigation, six front companies of Shahbaz Sharif have also been found. NAB also stated that the frozen properties include two houses in Model Town, Nishat Lodges in Donga Gali, Murree that are acquired by Shahbaz Sharif in the name of his wife Nusrat Shahba.

Moreover, Shahbaz Sharif acquires a cottage, a villa and a plot in Haripur and two houses in Defence Lahore in the name of his other wife, Tehmina Durrani.

Land measuring over the 390 canals in Chiniot is in the name of Hamza Shahbaz and Suleman Shahbaz. Nine plots measuring five Marla each in Jauhar Town and over the five-canal house in Judicial Colony Lahore are in the name of Hamza Shahbaz.

Reasonable Grounds:

The order adds, “The evidence collected “so far” during the investigation presented “reasonable grounds” to “believe” that the accused have “committed aforementioned offenses”.

The order will remain in force for 15 days within which the NAB will file an application in the accountability court under section 12 of the NAO 1999.

The NAB is also investigating the six companies, i.e. Sharif Poultry, Chiniot Energy Limited, Sharif Dairy, Ramzan Energy, Crystal Plastic and Al-Arabia to monitor the business transactions.


Also See:

Daily Mail And David Rose Still Await Shahbaz Sharif’s Defamation Notice

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