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

NAB Court adjourns hearing in references against Sharif family till Jan 16

byCT Report
09/01/2018
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Former Prime Minister Muhammad Nawaz Sharif, along with his daughter Maryam Nawaz and son-in-law Captain (Retd) Muhammad Safdar Tuesday morning appeared before the accountability court and four witnesses recorded their statements in the references against them.

These references had been filed by the National Accountability Bureau (NAB) in light of the Supreme Court’s July 28 judgment in the Panama Papers case. The cases are related to the Al-Azizia Steel Mills, offshore companies including Flagship Investment Ltd, and London’s Avenfield properties.

You might also like

Pakistan’s power sector circular debt rises to Rs1.67 trillion in FY26

19/08/2026

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

18/08/2026

Accountability Court Judge Mohammad Bashir conducted the trial and prosecution witnesses, including Securities and Exchange Commission of Pakistan (SECP) Joint Registrar Sidra Mansoor, recorded their statements before the judge. Witnesses were also cross-examined by Khawaja Harris, attorney of Nawaz Sharif.

Sidra Mansoor presented details of shares, owned by Hussain Nawaz, the former prime minister’s son, in Mehran Ramzan Textile Mills Ltd. She said that according to documents submitted to the National Accountability Bureau (NAB), Hussain had owned 487,400 shares in the mills.

Advocate Khawaja Harris pointed out that the current investigation pertained to the Al Azizia Steel Mills and Hill Metal Establishment, adding the documents presented by witness, related to a different organisation.

The witness explained that she was not aware of the availability of records regarding Al Azizia Steel Mills or Hill Metal Establishment at SECP. Sidra Mansoor said NAB’s investigating officer, before whom she had recorded her statement in August last year, had not asked her about those records.

Later, the statements of Al Azizia reference witnesses Inland Revenue Commissioner Tasleem Khan, private bank official Mohammad Zubair and Uzair Rehan of NAB, recorded their statements.

Avenfield reference witness Umar Draz Gondal could not appear in court due to health issue. The hearing was adjourned till January 16. It may be mentioned that former PrimeMinister Muhammad Nawaz Sharif had appeared before the court for the 12th time on Tuesday.

Strict security arrangements were in place, with large number of Pakistan Muslim League-N supporters and senior government officials.

Related Stories

Pakistan’s power sector circular debt rises to Rs1.67 trillion in FY26

byCT Report
19/08/2026

ISLAMABAD: Pakistan’s power sector circular debt increased by Rs61 billion during fiscal year 2025-26, reaching Rs1.675 trillion by June 30,...

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

byCT Report
18/08/2026

KARACHI: Pakistan’s primary equity market extended its most active stretch in years Tuesday, as the Securities and Exchange Commission of...

Sales tax chaos: Hybrid vehicle makers halt production

byCT Report
17/08/2026

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded an immediate rollback of the sales tax...

Weekly inflation rises 0.15pc, annual rate reaches 9.11pc

byCT Report
15/08/2026

ISLAMABAD: Pakistan’s weekly inflation increased by 0.15%, pushing the annual inflation rate to 9.11%, according to the latest report released...

Next Post

West must learn to handle trash as China stops importing

  • 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.