Nawaz Sharif given ‘benefit of doubt’ in Flagship reference, says detailed judgment

10:31 PM | 31 Dec, 2018
Nawaz Sharif given ‘benefit of doubt’ in Flagship reference, says detailed judgment
ISLAMABAD – An Accountability Court of Islamabad Monday issued detailed judgment of sixty-nine pages in Flagship Investment Reference against former prime minister Muhammad Nawaz Sharif.

The judge of accountability court Arshad Malik issued the detailed verdict declaring the NAB allegations against the former premier ambiguous and lack of proves.

The court in its decision declared that no one can be punished or fined until the allegations proved as well as NAB was unable to prove the allegations due to which the accused was released by giving the benefit of doubt.

The court declared that it cannot be denied that such assets not belongs to Nawaz Sharif as well as details of Nawaz's address with nation were unacceptable and cannot be used as documentary evidence.

The NAB claims of establishing companies by Nawaz Sharif after selling Gulf Steel Mills were also proved bogus.

Flagship Investment reference_ Detailed verdict

The order said that perpetual non-bailable arrest warrants for Hassan and Hussain Nawaz, the co-accused in the cases would be issued and wrote in the decision that trial of such accused would be conducted after their return to the country.

The court stated that possibility of Nawaz having supplied Hassan with funds worth 705,071 Pounds from his undeclared wealth and assets held outside Pakistan cannot be ruled out completely, but noted that there are insufficient evidences to safely reach the conclusion.

The court declared that NAB was unable to produce the evidences against the allegations of thirteen companies in which Nawaz was indicted and only produce the record of ten companies.

The court declared that capital FZE was an admitted fact which cannot be denied. There were enough proves in Al-Azizia reference that Nawaz got profit from Hill metal and was a proven fact that he was getting 88 percent profit and the facts were satisfactory that Nawaz Sharif was beneficial interest in Hill Metal and Al-Azizia cases.

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