The National Accountability Bureau on Tuesday (Dec 3) freezed the assets of Leader of Opposition National Assembly Shahbaz Sharif in money laundering case. NAB freezed assets of the PML-N president, including his both houses in Model Town.
The NAB has decided to freeze assets of the Shahbaz Sharif during an investigation related to assets beyond means and money laundering cases against former chief minister. Previously, the NAB Lahore had written to the chairman NAB to freeze properties of Shahbaz Sharif which were allegedly raised through illegal means. The chairman approved the request of the NAB Lahore after which departments concerned have been directed to freeze assets of the Shahbaz family.
On the other hand, The Lahore High Court (LHC) has dismissed Sharif family plea against freezing Al-Arabia Sugar Mills Assets by the National Accountability Bureau (NAB) Lahore.
The NAB Lahore had frozen the Al-Arabia Sugar Mills in the assets beyond means case in November. The petition filed by Sharifs said that the inquiry against Shehbaz Sharif, Salman Shehbaz and others was in pending. The chairman NAB have been delegated semi-judicial powers, while the chairman’s powers were being used by the director general NAB Lahore, which is against the law, the petitioner argued.
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