Pak court declares Sharif's sons absconders

Image
ANI Islamabad [Pakistan]
Last Updated : Dec 04 2017 | 8:10 PM IST

Ousted Prime Minister Nawaz Sharif's sons, Hassan Nawaz and Hussain Nawaz, were declared absconders in anti-graft references against them by an accountability court, on Monday.

According to Dunya News, the court took the decision due to their persistent absence.

The court has also begun to record statements of witnesses and collecting evidence in the corruption references filed by the National Accountability Bureau (NAB).

The NAB told the court that they hadn't found any properties of Sharif's sons in Pakistan.

Their shares and bank accounts had already frozen, the NAB added.

On November 15, the court had passed a similar order declaring them as absconders for the reason.

Earlier on October 31, the court had ordered the freezing of company shares owned by Sharif's sons.

The shares in six companies owned by Hassan and Hussain Nawaz were ordered frozen.

The court directed the Securities and Exchange Commission of Pakistan (SECP) to freeze these shares after taking into account details presented in a report submitted by NAB prosecutor Afzal Qureshi.

Non-bailable warrants of arrest were issued for Hassan and Hussain earlier this month for failing to appear before the court.

Last month, the NAB filed four corruption references against the Sharif family and Finance Minister Ishaq Dar with the accountability court. The references were prepared in light of the July 28 judgement of the Supreme Court in the Panamagate case.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 04 2017 | 8:10 PM IST

Next Story