NAB orders to freeze Shahbaz Sharif family assets

Court confirms NAB orders to freeze Shahbaz Sharif family assets

Affairs

Lahore: According to the sources, Sharif Family is really under hot waters as NAB freezes Shahbaz Sharif and other family members’ assets.

NAB orders to freeze Shahbaz Sharif family assets

On Wednesday, the accountability court has confirmed the National Accountability Bureau orders to freeze the properties owned by PML-N President Shahbaz Sharif. Moreover, it questions the properties of his sons Hamza Shahbaz and Salman Shahbaz and other family members as well.

The investigations regarding the matter have been made under the case of ‘income beyond means and money laundering’.

According to the court, “The Shahbaz family wealth from 2003 to 2018 prima facie is not proportionate to the known sources of the accused, which has not been explained by the accused.”

Economic Reforms Act

“At this stage, even the provisions of the protection of Economic Reforms Act, 1992, would not be helpful to the accused party unless the sources of the said payments [are] disclosed by them,” it further added.

It is also been said that the Shahbaz family can file the objection against court orders within the next 14 days.

It is pertinent to note that The National Accountability Bureau (NAB) had issued orders to freeze 23 properties owned by Shahbaz family on Dec 3.

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NAB orders to freeze Shahbaz Sharif family assets
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NAB orders to freeze Shahbaz Sharif family assets
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According to the sources, Sharif Family is really under hot waters as NAB freezes Shahbaz Sharif and other family members’ assets.
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Logicalbaat
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