Toshakhana Case: Details of Nawaz Sharif’s Assets Revealed

Aizbah KhanWeb Editor

03rd Oct, 2020. 12:38 am
Islamabad High Court

The full details of former Prime Minister Nawaz Sharif’s assests including lands, shares, bank accounts and vehicles have been revealed in the Toshakhana case.

According to the report submitted to the accountability court by NAB’s investigating officer Muhammad Raheel Azam, Nawaz Sharif and his dependents have properties in Lahore, Sheikhupura, Murree and Abbottabad.

Bungalow in Murree, 15 kanal house in Changla Gali Abbottabad and property in Upper Mall Lahore.

The reports said that Nawaz Sharif and his dependants own 135 Upper Mall in Lahore, 936 kanals in Mouza Manak, Lahore, 299 kanals in Mouza Baduksani, 103 kanals in Mouza Mall Raiwind, 312 kanals in Mouza Sultanke,14 kanal land in Sheikhupura district and 88 kanals in Mouza Ferozwatan

The former Prime Minister has 467,950 shares in Muhammad Bakhsh Textile Mills, 343,425 shares in Hudabia Paper Mills, 22,213 shares in Hudabia Engineering Company and 48,606 shares in Ittefaq Textile Mills.

The report said that Nawaz Sharif has Rs 612,000 in five bank accounts, 566 euros in foreign currency accounts, 698 US dollars and 498 British pounds.

The report said that according to the Excise and Taxation Office Lahore and Islamabad, a Land Cruiser, two Mercedes and two tractors are registered in the name of Nawaz Sharif.

NAB says Additional Deputy Commissioners of LDA, Lahore and Sheikhupura, Assistant Commissioner of Murree and Galyat Development Authority reported properties while letters to Election Commission, FBR and SECP for Nawaz Sharif’s assets.

It should be noted that the accountability court of Islamabad had ordered to confiscate the properties and assets of former prime minister Nawaz Sharif in the Toshakhana reference.

The accountability court had directed the investigating officer to provide details regarding the movable and immovable properties of former Prime Minister Nawaz Sharif in the Tosha Khana reference.

In the September 9 hearing of the reference, the accountability court had indicted former president Asif Ali Zardari, former prime minister Yousuf Raza Gilani, Abdul Ghani Majeed and Anwar Majeed while former prime minister Nawaz Sharif was declared a fugitive.

At the same time, the accountability court judge had set aside Nawaz Sharif’s case.

Earlier on June 11, the Islamabad Accountability Court had issued a non-bailable arrest warrant for former Prime Minister Nawaz Sharif in a reference to receiving valuable vehicles and gifts from the treasury.

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