AC to resume hearing of Al-Azizia, Flagship references tomorrow


ISLAMABAD: The accountability court will resume the hearing of Al-Azizia Steel Mills and Flagship Investment references against former premier Nawaz Sharif on Monday.

According to details, Accountability Court Judge Muhammad Arshad Malik will hear the corruption references against the former prime minister.

Nawaz’s lawyer Khawaja Haris will submit a reply over the questionnaire in the court.

On November 29, during the hearing of Al-Azizia reference, the National Accountability Bureau (NAB) claimed that Nawaz had failed to satisfy investigators regarding his sources of income with which he had acquired assets worth billions of rupees. The accountability watchdog told the court that has evidence of the former premier earning profit worth over Rs1 billion via his children’s assets. Previously, on November 28, the accountability court handed over a questionnaire to the former prime minister for recording his statement under Section 342 in the Flagship Investment reference.

NAB had filed three references against members of the Sharif family in line with the Supreme Court’s (SC) order of July 28 last year.

In September 2017, the trial against the Sharif family commenced. On July 6, after four extensions in the original six-month deadline to conclude all three cases, the court announced its verdict in the Avenfield reference.

An accountability court had sentenced Nawaz to a total of 11 years in prison and slapped a £8 million fine (Rs1.3 billion) in the corruption reference while his daughter Maryam was sentenced to eight years with a £2 million fine (Rs335 million). Additionally, Nawaz’s son-in-law Captain (r) Safdar was given a one-year sentence without any fine.

However, the jail sentences were later suspended by the Islamabad High Court (IHC).


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