Sat, May 25, 2013, Rajab ul murajjab 14, 1434 A.H. : Last updated 2 hours ago
 
 
Group Chairman: Mir Javed Rahman

Editor-in-Chief: Mir Shakil-ur-Rahman
 
 
 
 
 
 
Tuesday, August 07, 2012
From Print Edition
 
 

 

RAWALPINDI: An accountability court on Monday adjourned the hearing of petitions pertaining to reopening of NAB references against the Sharifs to September 15.

 

During the hearing, Judge Chaudhry Abdul Haq said that the accused could be summoned once the petitions were accepted for hearing. The petitions request the court to reopen references pertaining to Ittefaq Foundries and Raiwind assets.

 

In the reference relating to Raiwind assets, the main allegation is that Nawaz Sharif had acquired vast tracts of land upon which a number of palatial houses and mansions were built with resources which appeared to be grossly disproportionate to (his) known sources of income.

 

Apart from Sharif, his mother is an accused in the case.Moreover, in the state versus Ittefaq Foundries case, Nawaz Sharif, his brother Abbas Sharif and Kamal Qureshi are accused of committing corruption of Rs1,063 million. The main allegation in the case is that Ittefaq Foundries Ltd obtained cash finance from the National Bank. As per NAB allegations, the company wilfully defaulted to pay back the amount in 1994.

 

During Monday hearing, the prosecutor from the National Accountability Bureau (NAB) requested the court to summon the accused in their personal capacity.The judge said that Sharif brothers were public figures and asked why NAB was adamant upon their appearance in the court. The judge moreover said that the accused could be summoned once the petitions were admitted for hearing.The hearing was subsequently adjourned to Sept 15.