Nawaz Sharif Arrested in Chaudhry Sugar Mills Case

0
130

(Lahore News): A NAB team attracted the PM into the liability court from the Kot Lakhpat Jail in which he’s serving a prison sentence from the Al-Aziza Steel Mills reference. Throughout the event, NAB asked the courtroom for Nawaz’s bodily remand for interrogation. The court gave 14-day bodily to the watchdog. Strict security measures were set in position, with paths resulting in the courtroom being closed before the PML-N chief’s look.

The premier will be shown in court on October 25. According to NAB, the accused is included in money-laundering for shares of Chaudhry Sugar Mills. On August 8, NAB had detained PML-N Vice President Maryam Nawaz at the case. According to particulars of Chaudhry Sugar Mills money-laundering evaluation, NAB, in January 2018, obtained a Financial Monitoring Unit (FMU) report demonstrating enormous questionable transactions worth billions of rupees under the Anti-Money Laundering Act.

After getting the FMU report, NAB began a question in Oct 2018 and discovered that Nawaz Sharif, Maryam Nawaz, Shahbaz Sharif and household, Abbas Sharif and household were shareholders in the Business, and a few foreigners by the United Arab Emirate (UAE) and the United Kingdom (UK).

Throughout the probe, it had been revealed that investments were made from shares for foreigners’ title. Later on, stocks of this company were moved back into Maryam, Hussain and Nawaz Sharif at various events without paying any cash to the business partners that were said.

LEAVE A REPLY

Please enter your comment!
Please enter your name here