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Tuesday, October 4, 2011

Pak Court Orders Release Of Sharif Family's Properties

A Pakistani court today ordered an anti-corruption agency to release all properties of former premier Nawaz Sharif's family that were seized on the directions of former military ruler Pervez Musharraf.

A bench of the Lahore High Court comprising Justices Mansoor Ali Shah and Muhammad Khalid Mahmood Khan issued the order while disposing of seven appeals filed by members of the Sharif family, including PML-N chief Nawaz and his brother, Punjab Chief Minister Shahbaz Sharif, against the National Accountability Bureau.

The court directed the NAB to return shares certificates worth Rs 100 million, prize bonds of Rs 115 million, documents pertaining to a plot of land in Murree, the Chaudhry Sugar Mills, the Hudabiya Engineering Services, the Hamza Shipping Corporation and Ramzan Sugar Mills.

The NAB counsel informed the court that all the properties were seized on the directions of the then federal government in 2001.

From: http://ping.fm/kOyBU

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