Times of Islamabad

NAB reveals details of properties of former PM Nawaz Sharif including 1,679 kanal of agriculture land

NAB reveals details of properties of former PM Nawaz Sharif including 1,679 kanal of agriculture land

LAHORE: Former prime minister Nawaz Sharif owns 1,679 kanal agricultureland in Lahore and Sheikhupura, the National Accountability Bureau (NAB)informed a Lahore accountability court on Wednesday.

The corruption watchdog submitted the complete record of the PML-Nsupremo’s properties in the court as Judge Asad Ali resumed hearing anillegal plot allotment reference. The bureau said Mr Sharif also owns twotractors and two luxury vehicles.

He has shares in four companies, including 467,000 shares in Muhammad BakshTextile Mill, 343,000 shares in Hudaibiya Paper Mills, 22,213 shares inHudaibiya Engineering Company and 48,000 shares in Ittefaq Textile Mill.

NAB prosecutor Haris Qureshi presented the record obtained from the FederalBoard of Revenue (FBR) and Lahore Development Authority. He informed thatthe bureau has initiated the process to seize the properties of the formerpremier who has been declared a proclaimed offender over persistent absencefrom the trial proceedings.

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