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 judgment: IHC reserves verdict on Sharifs’ appeals

byCT Report
21/08/2018
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The Islamabad High Court (IHC) has reserved its verdict on the appeals filed by former prime minister Nawaz Sharif, his daughter Maryam Nawaz and son-in-law Capt (retd) Safdar challenging the Avenfield reference verdict against them.

The bench comprising Justice Athar Minallah and Justice Mian Gul Hassan Aurangzeb heard the appeals of the Sharif family. The court said, “At this stage, we are not inclined to decide these petitions and they shall remain pending and fixed along with other appeals. In case there is a delay in deciding of the appeals, the petitioners shall be at liberty to press these petitions.”

You might also like

LPG prices rise to Rs410 per kg across Pakistan

24/07/2026

Dumpers Association rejects daily fuel price revision policy

23/07/2026

During the hearing, the National Accountability Bureau (NAB) completed its final arguments after which the verdict was reserved. In his around five-hour-long arguments, NAB Prosecutor Sardar Muzaffar Abbasi said that the Avenfield reference, pertaining to Sharif family’s properties in London, was filed on the orders of the Supreme Court, adding that the investigation team was also formed following the apex court’s instructions.

“The London flats were in the name of Neilsen and Nescoll, which we proved were owned by Nawaz Sharif,” he said. The NAB prosecutor gave the reference of a televised interview, to which, Justice Minallah asked him to explain the interview in detail in the appeal.

On July 6, an accountability court sentenced Nawaz to a total of 11 years in prison and slapped £8 million fine (Rs1.3 billion) in the corruption reference while his daughter Maryam was sentenced to eight years with £2 million fine (Rs335 million). Additionally, Nawaz’ son-in-law Capt (retd) Safdar was given a one-year sentence without any fine.

On July 16, the legal counsels for the members of Nawaz Sharif family, who are currently serving their respective sentences at the Adiala jail, had filed three different appeals on behalf of their clients.

Nawaz’s counsel Khawaja Haris filed an appeal challenging the verdict against his client and requesting its suspension till IHC’s adjudication in the case. Similarly, Amjad Pervaiz filed the appeals on behalf of Maryam and Safdar.

An additional appeal was also filed requesting the court to transfer the Al-Azizia and Flagship Investment references against Nawaz from the court of Accountability Judge-I Mohammad Bashir to another accountability court.

The appeals, which the Sharif family lawyers say highlighted legal flaws in the Avenfield judgment, ask for the accountability court’s verdict to be declared null and void and the three convicts be released on bail.

Related Stories

LPG prices rise to Rs410 per kg across Pakistan

byCT Report
24/07/2026

ISLAMABAD: LPG prices have increased sharply across Pakistan, with liquefied petroleum gas being sold at Rs370 to Rs410 per kilogram...

Dumpers Association rejects daily fuel price revision policy

byCT Report
23/07/2026

KARACHI: The Dumpers Association has rejected the government’s proposed plan to revise petroleum product prices on a daily basis, warning...

Petrol pump owners defer nationwide strike after negotiations with govt

byCT Report
22/07/2026

ISLAMABAD: The All Pakistan Petrol Pumps Owners Association (APPPOA) on Wednesday postponed its planned nationwide strike after successful negotiations with...

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...

Next Post

Junaid takes charge as Second Secretary (IT Wing)

  • 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.