Shahbaz Sharif sent to 10-day NAB remand in Rs 1,400 cr housing scam

LAHORE: An anti-corruption court docket in Pakistan on Saturday granted a 10-day remand of opposition chief Shahbaz Sharif to the rustic's most sensible anti-graft frame in a Rs 1,400 crore housing scam, the newest setback to the embattled Sharif circle of relatives.

The National Accountability Bureau (NAB), which arrested the PML-N president on Friday, had sought a 15-day remand to research his alleged involvement within the multi-billion rupees corruption case.

Shahbaz, 67, is the more youthful brother of ousted high minister Nawaz Sharif, 68, who's going through corruption fees in 3 cases.

The Pakistan Muslim League-Nawaz (PML-N) president, who was once saved in a highly-secured lock-up throughout the NAB Lahore place of business, arrived in court docket in an armoured automobile, under heavy security.

A lot of PML-N employees amassed out of doors the court docket and chanted slogans in opposition to Prime Minister Imran Khan for taking "revenge" from the Sharif brothers.

Accountability Court judge Najamul Hasan permitted the request of the NAB prosecutor's plea and granted Shahbaz's bodily remand for 10 days to interrogate him within the case.

Shahbaz, who has been accused of misusing his authority, denied corruption fees and told the court docket that he had stored billions of rupees in several developmental initiatives right through his tenure as Punjab chief minister.

He requested the judge to view his case as political victimisation as not a single rupee corruption in opposition to him has been proved.

Shahbaz was once allegedly involved within the corruption of Rs 14 billion Ashiana Housing challenge and Rs 4 billion Punjab Saaf Pani Company scams.

He allegedly cancelled the award of contract of the Ashiana housing challenge to a success bidder 'Chaudhry Latif and Sons' to oblige his "favourite" company the 'Lahore Casa Developers', a proxy workforce of 'Paragon City Private Limited', causing a lack of millions of rupees.

Nawaz termed his brother's arrest a worst political victimisation.

"Shahbaz Sharif being the chief minister had set great examples of transparency and honesty in all projects. PTI is responsible for this political victimisation and should be ready to reap what it is sowing today," he said.

Nawaz said the Pakistan Tehreek-e-Insaf (PTI) executive must not make Shahbaz a sufferer of its personal inefficiency.

"All know that the PTI government is responsible for this revenge," he said.

Shahbaz's son and opposition chief within the Punjab Assembly Hamza Shahbaz, who was once also probed for presiding over the company's board of directors conferences many times to issue instructions for award of contracts to favorite companies, said if this political victimisation endured, the PML-N could be on roads to struggle this conflict.

He claimed that Shahbaz has been arrested to persuade October 14 by-polls.

"We had faced the NAB in the (Pervez) Musharraf regime and we have the courage to face it in Imran Niazi's government," he said.

This Saaf Pani Company was once established by way of Shahbaz's earlier Punjab executive to conceive, plan, design, execute and set up initiatives for the provision of protected consuming water in the case of both get right of entry to and high quality, to communities residing in rural areas of the province.

Shahbaz's son-in-law Ali Imran Yousuf is also going through corruption inquiries on this case. He has fled to the United Kingdom and the NAB has written to the internal ministry to carry him again from in a foreign country thru Interpol.

Shahbaz's shut confidant Ahad Cheea and Nawaz's principal secretary Fawad Hasan Fawad are already within the NAB's custody within the Ashiana housing scheme scam.


In July, Nawaz, his daughter Maryam and Capt (retd) Muhammad Safdar had been sentenced to 11 years, eight years and twelve months, respectively, in prison within the Avenfield homes case related to the purchase of 4 luxurious residences in London thru corrupt practices.


However, the Islamabad high court docket freed the trio on bail last month and suspended their sentence once they challenged the Avenfield verdict.


Nawaz is going through two more corruption cases filed by way of the NAB on the Supreme Court's order following the Panama Papers scandal.


The Panama Papers case is set alleged money laundering by way of Sharif within the 1990s when he two times served as Pakistan's high minister to purchase assets in London.
Shahbaz Sharif sent to 10-day NAB remand in Rs 1,400 cr housing scam Shahbaz Sharif sent to 10-day NAB remand in Rs 1,400 cr housing scam Reviewed by kailash soni on October 06, 2018 Rating: 5
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