LAHORE: A Lahore High Court (LHC) bench ordered the anti-graft body on Tuesday to release the assets of the Sharif family which were seized on a court’s orders.
Headed by Justice Mansoor Ali Shah, the LHC divisional bench issued the order while disposing of seven appeals filed by the Sharif family against the National Accountability Bureau (NAB).
The court told NAB to return shares worth Rs100 million, prize bonds worth Rs115 million and documents pertaining to land in Murree, Chaudhry Sugar Mills, Hudabiya Engineering Services, Hamza Shipping Corporation, Ramzan Sugar Mills, etc.
The court observed that NAB had no authority to seize any citizen’s property after they were acquitted in cases. The counsel for NAB informed the court that all properties were seized on the directives of the federal government back in 2001. The Sharif family had appealed the court contending that the NAB was not releasing their properties.
Published in The Express Tribune, October 5th, 2011.
COMMENTS (8)
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Wow! Such dazzlingly large assets.. and only 5 thousand rupees tax!
I'm all for giving these assets back but now will the beneficiaries file income tax generated from these assets?
LHC is paying back to sharif family 4 their struggle in restoring them.we want impartial courts not sharifs courts.
The judge will get 15% . CJ 20% Ha ha!!
@Realist.: You r kidding right?
Justice Prevails!
Politicians in Pakistan get away with anything and the upsetting thing is we let them.
I hope he gives the returned assets to charity.