NAB to file assets reference against Sharjeel Memon


KARACHI: The National Accountability Bureau (NAB) is likely to file another reference against former Sindh minister Sharjeel Memon soon, media reports emerged on Monday.

According to reports, the accountability bureau has unearthed Rs2.3 billion worth assets of the PPP stalwart and, when asked, he had failed to give a satisfactory answer to the questions of the investigation team about these assets.

The NAB has made preparations to file the second reference against the PPP leader over his accumulation of assets beyond the known sources of income.

The bureau had earlier approved an investigation against Sharjeel Inam Memon over allegations of corruption and money laundering.

Memon is also accused of awarding government advertisements at exorbitant rates when he was Sindh’s information minister. A reference of about Rs5.76bn corruption in the information department is being heard by an accountability court.

He was arrested by the accountability bureau in 2017 and remained in jail for 20 months. He is currently out of jail after a court granted him bail.

NAB had last month issued arrest warrants of Memon in the case pertaining to accumulation of assets beyond known sources of income but a Sindh High Court bench suspended them through an interim order.