In the 100-page decision, Accountability Judge Mohammad Bashir also sentenced Sharif’s daughter, Maryam Nawaz, to seven year in jail for forgery and making assets through illegal sources in the landmark decision. She has been ordered to pay a fine of £2 million (Rs320 million).
Moreover, the judge ordered to seal the property in question, suggesting the government to do legislation to bring plundered money back to the country.
Capt (r) Safdar Awan, who is the son-in-law of Nawaz Sharif, was jailed for one year for cheating.
The Friday's verdict is in line with Section 9 of the NAB Ordinance, 1999, which pertains to corruption and corrupt practices.
Nawaz Sharif, along with his children, heard the verdict in the British capital where he is tending to his ailing wife, Kulsoom Nawaz.
Earlier this week, on July 3, the court had reserved the verdict in the Avenfield reference, which pertains to the Park Lane apartments (flats 16, 16-A, 17, and 17-A Avenfield House, Park Lane) of the Sharif family, involving Nawaz Sharif, his three children, and son-in-law Capt (r) Safdar as the accused.
The reference is among the three filed on the Supreme Court's directives last year against the Sharif family by the National Accountability Bureau (NAB) in the Panama Papers case.
Nawaz Sharif and his daughter Maryam Safdar have been in London since June 14 tending to Kulsoom Nawaz, who is under medical treatment there.
Mr. Sharif, who ruled the country for three times, had requested the anti-corruption body on Wednesday to delay the verdict saying, "My wife has been on a ventilator since the last 21 days. I want to hear the verdict in the courtroom where I have presented myself with my daughter over 100 times.”
“I am not a dictator who will run away from the courts," the 68-year-old said on Wednesday from London.
'Don't you worry Lions!'
Just an hour before the verdict's announcement, Maryam Nawaz took to Twitter to lend moral support to the party supporters, saying "O Lions of Muslim League-Nawaz (PML-N)! Do not worry, come what (decision) may! This not something new for your Nawaz Sharif who has already faced life term, exile and disqualifications."
مسلم لیگ ن کے شیرو یاد رکھنا!فیصلہ جوبھی آئے گھبرانا نہیں!آپکے نواز شریف کے لیے یہ سب نیا نہیں۔وہ پہلےبھی نااہلی عمر قیدجیل جلاوطنی بھگت چکے— Maryam Nawaz Sharif (@MaryamNSharif) July 6, 2018
In a series of tweets (in Urdu), she said it was a positive sign in the situation that there is a leader who stands firm for "your honor, for country's honour and the sanctity of your vote and is prepared to sacrifice everything.
خوشی کی بات یہ ہے کہ کوئی لیڈر ہے جو آپ کی خاطر،وطن عزیز کی خاطر، آپ کے ووٹ کی عزت کی خاطر ڈٹ کر کھڑا ہے اور کوئی بھی قربانی دینے کو تیار ہے— Maryam Nawaz Sharif (@MaryamNSharif) July 6, 2018
"Despite knowing it is not an easy path, and that he will have to pay the price for choosing this path, he has chosen this path and paid the heavy price," she said.
اس نے جانتے ہوئے کہ یہ راستہ آسان نہیں اور اس کی قیمت چکانی پڑے گی، یہی راستہ چنا،بھاری قیمت چکائی ۔— Maryam Nawaz Sharif (@MaryamNSharif) July 6, 2018
"Thanks to Almighty these forces failed to bring him (Nawaz) to his knees despite acute adversities," Maryam wrote on her official twitter handle.
مشکل ترین حالات کے باوجود یہ قوتیں اس کو الحمدااللہ جھکانے میں ناکام رہیں— Maryam Nawaz Sharif (@MaryamNSharif) July 6, 2018
"Judgment will be given on July 25. Remember the faces of these schemers and pawns on that day. Now or never. InshaAllah,victory awaits you."
فیصلہ تو 25 جولائی کو ہونا ہے۔ ان سازشیوں اور مہروں کے چہرےاس دن یاد رکھنا۔ ابھی نہیں تو کبھی نہیں۔انشاءالّلہ فتح آپ کی منتظر ہے۔— Maryam Nawaz Sharif (@MaryamNSharif) July 6, 2018
The Sharifs and their supporters have repeatedly denied allegations of corruption, suggesting the former prime minister is the victim of a conspiracy driven by Pakistan's powerful military establishment.
Nawaz Sharif was the 15th prime minister in Pakistan's 70-year history - roughly half of it under military rule - to be removed before completing a full term.
The court ruling comes just days ahead of general elections, pitting the PML-N against its main rival, the Pakistan Tehreek-e-Insaf party led by former cricket star Imran Khan.
Strict security arrangements are in place, with paramilitary troops deputed at the Federal Judicial Complex, where the court is located. The roads leading to the complex have also been closed to traffic.
Moreover, the district administration has imposed Section 144 in the capital to discourage mass gatherings.
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 7, 2022 (Tuesday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||331.71||332.41|
|Hong Kong Dollar||HKD||35.08||35.43|
|New Zealand Dollar||NZD||174.19||176.19|
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 202,200 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs173,360.
Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
|Lahore||PKR 202,200||PKR 2,350|
|Karachi||PKR 202,200||PKR 2,350|
|Islamabad||PKR 202,200||PKR 2,350|
|Peshawar||PKR 202,200||PKR 2,350|
|Quetta||PKR 202,200||PKR 2,350|
|Sialkot||PKR 202,200||PKR 2,350|
|Attock||PKR 202,200||PKR 2,350|
|Gujranwala||PKR 202,200||PKR 2,350|
|Jehlum||PKR 202,200||PKR 2,350|
|Multan||PKR 202,200||PKR 2,350|
|Bahawalpur||PKR 202,200||PKR 2,350|
|Gujrat||PKR 202,200||PKR 2,350|
|Nawabshah||PKR 202,200||PKR 2,350|
|Chakwal||PKR 202,200||PKR 2,350|
|Hyderabad||PKR 202,200||PKR 2,350|
|Nowshehra||PKR 202,200||PKR 2,350|
|Sargodha||PKR 202,200||PKR 2,350|
|Faisalabad||PKR 202,200||PKR 2,350|
|Mirpur||PKR 202,200||PKR 2,350|