Yet another Sharif family member granted bail by Lahore High Court

LAHORE: Yet another Sharif family member granted bail by Lahore High Court.

The Lahore High Court on Tuesday approved bail plea of Yousuf Abbas, nephewof the former prime minister and Pakistan Muslim League-Nawaz (PML-N)leader Nawaz Sharif, in Ramzan Sugar Mills case.

According to details, the court directed the applicant to submit two suretybonds worth Rs 10 million each for securing his release on bail.

Earlier in the day, the court reserved its verdict in the bail plea filedby Yousuf Abbas after the two sides concluded their arguments.

Abbasi is facing a NAB probe regarding money laundering worth upto Rs410million through the Ramzan Sugar Mills. The counsel of Yousuf Abbas in hisarguments said that they have complete record of all the transactions.

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Earlier on February 06, the Lahore High Court (LHC) granted bail toPakistan Muslim League-Nawaz (PML-N) leader Hamza Shehbaz Sharif in RamzanSugar Mills case.

The National Accountability Bureau (NAB) had arrested Leader of theOpposition in the Punjab Assembly Hamza Shehbaz last year on June 11.

The two-member bench of the LHC headed by Justice Mazahir Ali Naqvi resumedthe hearing of PML-N leader Hamza Shehbaz’s bail application in Ramza SugarMills caselink.