LAHORE – PML-N Vice President Maryam Nawaz appeared before the NAB,Lahore, on Wednesday in line with the summons served on her in connectionwith the Chaudhry Sugar Mills case.
The anti-graft body asked her a number of questions which, it is alleged,she could not answer. She has again been summoned on August 8.
The NAB told her that in Jan 2018 (during PML- N government) Financialmonitoring unit reported to NAB, huge suspicious transactions of billionsof rupees in Chaudhry Sugar Mills under Anti- Money Laundering Act.
NAB inquiry started in October 2018 which found that Nawaz Sharif, MaryamNawaz, Shehbaz Sharif and family, Abbas Sharif and family are shareholdersin the company , along with some foreigners from UAE and UK Hugeinvestments were made in CSML from 2001 to 2017 in the name of theforeigners issuing shares in millions to them , later on same shares of thecompany were transferred back to Maryam, Hussain and Nawaz Sharif atvarious times, which leads to the conclusion that names of foreigners wereused as proxies to make huge investments in the company for the reason thatSharif family did not have white money for investment.
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This is a classical case of money laundering.
