Times of Islamabad

Former PM Nawaz Sharif faces another setback

Former PM Nawaz Sharif faces another setback

ISLAMABAD – An Accountability Court (AC) on Tuesday ordered NationalAccountability Bureau (NAB) to ensure implementation of court directivespertaining to confiscation of Nawaz Sharif’s assets in Toshakhana referencetill October 29.

The investigation officer of NAB informed the court that the confiscationof Nawaz Sharif’s property, shares in private companies and freezing hisbank accounts was underway in compliance of the court’s orders. The NAB hadsent letters to Security Exchange Commission of Pakistan (SECP) andconcerned banks in this regard.

AC-III Judge Syed Asghar Ali conducted hearing on the case. The courtadjourned the matter against former president Asif Ali Zardari and ex-primeminister Yousaf Raza Gilani without further proceeding due to absence ofdefense lawyers in line of bar’s strike.

The court also granted one-day exemption from hearing to Asif Zardari,Yousaf Raza Gilani and Omni Group’s head Anwar Majeed. Junior lawyerinformed the court that Asif Zardari was under treatment in ZiauddinHospital Karachi and unable to appear before the court.

The Pakistan Muslim League-Nawaz (PML-N) supremo is in London for treatmentafter he was allowed to go abroad by the incumbent government in Octoberlast year.