NAB reveals asset details of Shehbaz Sharif

Syed Umarullah HussainiWeb Editor

23rd Sep, 2020. 03:52 pm
Shehbaz Sharif

The National Accountability Bureau (NAB) has revealed the value of the unnamed assets of Pakistan Muslim League-N President Shehbaz Sharif.

Shahbaz Sharif, according to the NAB report, owns the assets valued Rs 7.58 billion. According to NAB documents, Shehbaz Sharif’s apparent assets are worth Rs 269.31 million. Shehbaz Sharif’s unnamed assets include properties, 3 companies, secret bank accounts, and shares.

According to the report, the assets of Shehbaz Sharif’s unnamed company Unitas and Good Nature are worth Rs 1.88 billion.  Nisar Trading, an unnamed company of PML-N president Shahbaz Sharif, is worth Rs. 51.52 million. NAB has found evidence of Rs. 271.339 million in the secret bank accounts by Shahbaz Sharif. According to the document, Shahbaz Sharif’s shares are worth Rs 1.2 billion.

Pre-Arrest Bail Proceedings

Let it be known that Lahore High Court will hear pre-arrest bail proceedings of opposition leader in National Assembly Shehbaz Sharif in assets beyond means and money laundering cases on September 24.

In previous proceedings, NAB had submitted its reply opposing Shehbaz Sharif’s pre-arrest bail request. The anti-corruption authority maintained in its reply that there was sufficient incriminating material available on record that connects Shehbaz with the commission of corruption offenses and corrupt practices.

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