The Lahore High Court (LHC) is set to announce the verdict on Maryam Nawaz’s bail petition in Chaudhry Sugar Mills case here on Monday (today).
Earlier, the two members LHC bench headed by Justice Ali Baqar Najafi had reserved verdict on Maryam Nawaz’s bail plea.
Lawyer Amjad Pervez said that money laundering case against his client is baseless and that she was made Chief Executive of Chaudhry Sugar Mills only in papers and has no shares from quite a long period of time.
The control of Chaudhry Sugar Mills was in control of his grandfather Mohammad Sharif, he added, which later was transferred to Abbas Sharif after his death.
NAB had breached law and arrested Maryam in money laundering case despite revealing all the assets in Panama Leaks case, he added.
Earlier, NAB had submitted preliminary investigative report to the LHC stating that PML-N vice-president’s crime is not against one individual but the entire society, and she keeps on obstructing the probe against her.
Yousuf Abbas, accused in Chaudhry Sugar Mills reference, had also tried to escape before, read the report.
Nawaz Sharif and his daughter, Maryam Nawaz, invested in Chaudhry and Shamim Sugar Mills, but both of them did not disclose their investments, the reported added.
The PML-N leader owned 8,064,000 shares of Sugar Mills, while from 2008 to 2010, she became the owner of 47% shares.
Earlier on Thursday, LHC had reserved verdict on petition seeking bail of Maryam Nawaz in Chaudhry Sugar Mills case.
On October 24, Maryam Nawaz had filed a plea in LHC requesting the court to release her on bail as her father was unwell and undergoing medical treatment at the hospital.
On August 8, NAB team had detained Maryam Nawaz outside the Kot Lakhpat Jail in Lahore for skipping appearance in Chaudhry Sugar Mills due to meeting with her father Nawaz Sharif.