Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Avenfield, Al-Azizia and Flagship references: IHC to take up Sharifs’ pleas

byCT Report
06/08/2018
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The Islamabad High Court (IHC) on Monday resumed hearing of petitions filed by former premier Nawaz Sharif, his daughter Maryam Nawaz and his son-in-law Capt (r) Safdar in cases pertaining to the transfer of Al-Azizia and Flagship references and against the conviction of Avenfield reference.

Earlier, the legal counsel of the PML-N supremo, Khawaja Haris gave his arguments over the appeal to shift trial of remaining cases to another court. He further added that Accountability Court-I Judge Muhammad Bashir already revealed his intentions by punishing Nawaz and his family in Avenfield Reference.

You might also like

OGRA increases RLNG prices by up to 15.3pc in October

31/10/2026

Pakistan’s exports rise 7.7 percent to $8.5 billion in 1QFY-2027

30/10/2026

The Sharif family had also filed an appeal against their convictions in the Avenfield reference.

However, the IHC decided to club appeals filed by Sharif family against Avenfield verdict with Nawaz’s appeal to transfer Flagship and Al Azizia Reference to another judge.

During the hearing, Justice Aamer Farooq suggested to club appeals against verdict with the appeal to transfer other corruption cases against Nawaz from Judge Muhammad Bashir.

The appeals by the Sharif family will be heard today by a two-member bench of the court which includes Justice Aamer Farooq and Justice Miangul Hassan Aurangzeb.

On July 6, Accountability Court (AC) sentenced Nawaz Sharif, Maryam Nawaz and son-in-law Capt (r) Safdar to jail in the Avenfield properties reference.

Nawaz was sentenced to a total of 11 years in prison and slapped a £8 million fine (Rs 1.3 billion) while Maryam was sentenced to eight years with a £2 million fine (Rs 335 million). Maryam’s husband, Capt (r) Safdar, was sentenced to one year in prison.

The remaining cases pertain to Al-Azizia Steel Mills and the Hill Metal Establishment, and offshore companies including Flagship Investment Limited.

Nawaz and his sons Hussain and Hasan are accused in all three references whereas Maryam and Safdar were accused in the Avenfield reference only.

Related Stories

OGRA increases RLNG prices by up to 15.3pc in October

byCT Report
31/10/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased regasified liquefied natural gas (RLNG) prices by up to 15.3%...

Pakistan’s exports rise 7.7 percent to $8.5 billion in 1QFY-2027

byCT Report
30/10/2026

ISLAMABAD: Pakistan’s remittances reached $10.9 billion in the first quarter of fiscal year 2026-27, marking a 14 percentage increase year-on-year,...

Wheat, flour prices expected to decline after imported wheat arrives

byCT Report
29/10/2026

KARACHI: A ship carrying 51,000 tonnes of imported wheat has arrived at Karachi Port, raising hopes of a decline in...

Pakistan to host global mining investors at PMIF26 on November 12–13

byCT Report
28/10/2026

ISLAMABAD: Pakistan will host its flagship minerals investment forum on November 12–13 in Islamabad, bringing together global mining leaders, investors...

Next Post

NAB absolutely committed to root out corruption: Chairman

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.