Avenfield reference: NAB appeals IHC to dispose of Nawaz Sharif's pleas

Avenfield reference: NAB appeals IHC to dispose of Nawaz Sharif’s pleas

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Islamabad: National Accountability Bureau (NAB) on Wednesday has requested the Islamabad High Court (IHC) to conduct hearing on Avenfield and Al-Azizia references against former Prime Minister (PM) Nawaz Sharif as early as possible.

In its petition, the anti-corruption supervisory agency has appealed to the High Court to revoke the supreme request of the Pakistan Muslim League-Nawaz (PML-N) and maintain its judgment.

The representative of the bureau said that Nawaz Sharif was an absconder who deliberately skipped the hearing and abused the bail money.

An accountability court sentenced former prime minister Nawaz Sharif, daughter Maryam Nawaz and daughter Maryam Nawaz in the Avenfield property reference case filed by the National Accountability Bureau on July 6, 2018. Female Captain Son (r) Muhammad Safdar (Muhammad Safdar) was imprisoned for 10 years, 7 years and 1 year respectively. .

NAB prosecutor had argued law turns onus of proof on accused after ownership of flats [by Sharifs] has been established. He said, “The agreement of money transfer turned out to be fake. Likewise, the deed declaring Maryam Nawaz trustee was also proved fake. She possesses assets beyond her declared source of income.”

NAB prosecutor further added Sharifs had not registered ‘Calibri font’ trust deed in UK. He said, “Maryam Nawaz crafted this trust deed and declared his brother beneficial owner.”

Maryam Nawaz and Captain (r) Safdar, who were candidates for the general elections 2018, were also disqualified from contesting elections for 10 years each.

The sentence and a fine of 8 million pounds, or $10.6 million, came almost a year after Supreme Court removed Sharif from office and less than five months after the court barred him from holding office for life.

The IHC suspended the sentences of Nawaz Sharif, Maryam Nawaz and Captain(r) Safdar in the Avenfield reference.

When Judge Athar Minallah announced the verdict, he instructed the release of former prime minister Nawaz Sharif, his daughter Maryam Nawaz and her son Captain Safdar, each with a value of each A secured bond of 500,000 rupees.

An accountability court has also sentenced Nawaz Sharif in the Al-Azizia Steel Mills corruption reference book and acquitted him in the second reference book related to Flagship Investments.

In the flagship reference, NAB claimed that Sharif and his son established Flagship Investment Limited and 15 other companies and used these companies to “manage/acquire expensive real estate/any capital flows to obscure the true source of funds.”

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