Pakistan Today

Sharifs slam NAB report, claim all loans were settled by Dec, 2014

LAHORE

Members of the Sharif family sought to clarify their position on Wednesday, at the inclusion of their name in a list of mega scandals submitted by the National Accountability Bureau (NAB).

“The Sharif family has paid Rs5.22 billion by December 2014 under the head of all loans, mark-up, cost of fund and other charges payable by Ittefaq Foundries and a consortium of banks has issued clearance certificates in this regard,” Punjab Chief Minister Shahbaz Sharif said at a press conference.

“There is no example of such a big settlement in the banking history of Pakistan where besides capital, mark-up of 17 years, cost of fund and other charges have been paid,” he said, showing the bank certificates.

Answering a question about the alleged construction of a road that led to his family’s Raiwind estate, he said every road in Punjab led to someone’s house, be it a general, judge, minister or politician.

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