NAB initiates probe against Shehbaz Sharif for owning assets beyond means

LAHORE: The National Accountability Bureau (NAB) on Saturday said they have initiated a probe against former Punjab Chief Minister Shehbaz Sharif for owning assets beyond his means.

The Pakistan Muslim League-Nawaz (PML-N) president is currently in the accountability bureau’s custody in the Ashiana Iqbal housing scheme case.

According to sources, NAB while questioning Shehbaz in the housing scandal started inquiring him about owning assets beyond his means.

Sources further said that Shehbaz has so far feigned ignorance regarding most of the things asked.

On October 6th, the accountability bureau arrested Shehbaz in the Ashiana Iqbal housing scheme case.

Court grants NAB 14-day extension in Shehbaz Sharif's remand

NAB had requested the accountability court for a 14-day extension in PML-N president's physical remand

He had appeared before NAB to record his statement in the Punjab Saaf Pani Company case.

Shehbaz was arrested after Fawad Hasan Fawad, the then implementation secretary, told NAB that he carried out corrupt activities in projects in Punjab on orders from Shehbaz, who was the chief minister then. NAB had also received information from Fawad Hasan’s laptop, from which data was retrieved after his arrest.

Accountability court orders to provide report on Shehbaz's son-in-law's properties

An accountability court ordered NAB to furnish details of assets held by Shehbaz's son-in-law Imran Ali in the next hearing after it failed to do so today.

Court orders confiscation of property owned by Shehbaz Sharif's son-in law

The orders were given on a petition filed by the National Accountability Bureau (NAB)

NAB in its petition states that Imran was accused of receiving Rs130 million in bribe from Naveed Ikram, CFO of Punjab Power Development Company.

In the last hearing on October 11, the court had ordered authorities to seize Imran's assets in Pakistan after he failed to appear before the court, and fled the country.