Accountability court orders auction of Nawaz Sharif’s seized properties
ISLAMABAD – An accountability court on Friday admitted a petition of the National Accountability Bureau (NAB) seeking its permission to auction the seized properties of PML-N supremo and former prime minister Nawaz Sharif.
The judge ordered the authorities to auction the moveable and immoveable properties of Nawaz Sharif and deposit the money into the national exchequer. NAB Deputy Prosecutor General Sardar Muzaffar Khan Abbasi filed the petition.
Abbasi stated that the accountability court had declared Sharif a proclaimed offender in the Toshakhana reference. Despite a lapse of six months, the former premier did not surrender himself before the court, he added. Court had declared Nawaz Sharif a proclaimed offender on August 17 and ordered attaching his property on Oct 1.
The seized properties include Hudaibia Paper Mills, Ittefaq Foundry, Baksh Textile and Hudaibia Engineering.
Furthermore, the assets of Sharif in Upper Mall Road area, the fish farm built on 110 acres of land, 20 acres of land in Lahore, a bungalow located in Murree, Shangla’s house, five luxurious cars registered against the name of the former prime minister will be auctioned.
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