Probe ordered against Nawaz Sharif for allegedly laundering $4.9 billion to India

Elias Hubbard
May 8, 2018

It has also been alleged that the illegal transfer of the money was done when Sharif was heading the government in Islamabad.

On Mary 8, 2018, the top court extended by two months the deadline set for the trial court to decide the cases against Sharif, his daughter Maryam Nawaz and son-in-law retired Captain Safdar on a request of the National Accountability Bureau (NAB).

In a statement, the NAB claimed that the amount was laundered to the Indian Finance Ministry, following which the Indian foreign exchange reserves witnessed an increase and Pakistan suffered as a result.

During his cross-examination, Dogar informed the court of NAB's procedure of inquiries and investigations, as well as lodging of references in court.

Sharif was removed from office in 2017 by the Supreme Court in connection with the Panama Papers case trial concerning overseas wealth of his family. He is fighting a tough war both politicially and legally and this probe is only likely to make things hard for him.

The prosecution in the Avenfield properties reference completed the presentation of its evidence as Investigation Officer (IO) Mohammad Imran, the last witness for prosecution, was called to testify before the accountability court on Monday. The court, which is hearing three cases pertaining to corruption by the Sharif family, said the verdict in all three cases will come together.

He was last month banned by the Supreme Court from running for political office for life.

Nawaz and his family are facing three corruption cases in the accountability court after the NAB filed references against them in light of the SC's verdict in the Panama Papers case.

Other reports by Click Lancashire

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