The Supreme Court of Pakistan Wednesday rejected NAB’s appeal regarding recovery of assets of Sharif brothers.
The SC said that NAB cannot confiscate assets of Sharif family under any law. Chief Justice Iftikhar Muhammad Chaudhry, while hearing the case, stated that he will not only accept the NAB’s submitted papers.
A three-member bench of the Supreme Court headed by Chief Justice Iftikhar Muhammad Chaudhry was hearing appeals filed by National Accountability Bureau (NAB) against Sharif family on Wednesday.
The cases related to Hudabiya Paper Mills, Hamza Spinning Mills, Ramzan Sugar Mills and others including confiscation of property.
The stay order given by the Lahore High Court in the case was challenged in the Supreme Court. Punjab Chief Minister Shahbaz Sharif has also been made party in the appeals.
Akram Shaikh Advocate appeared on behalf of Sharif family in the case. Following the strong admonishment by the Supreme Court earlier this month, NAB has sprung into action on the cases reopened after the scraping of National Reconciliation Ordinance (NRO) by the apex court.
SC orders NAB to return Sharif family assets. Reviewed by Sarah Peracha on 12:50:00 AM Rating: