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NAB has accused Butt of misappropriating over Rs70 million in a cooperative companies scam.
LAHORE: The National Accountability Bureau (NAB) arrested on Thursday former National Assembly member Suhail Zia Butt, a brother-in-law of PML-N chief Nawaz Sharif, over charges of defaulting on a Rs70 million loan.
Suhail Butt was on way to his office after attending a funeral in the Model Town area when he was picked up by a special team of NAB near Kalma Chowk in Garden Town. He was shifted to the Chamba House. NAB has accused Butt of misappropriating over Rs70 million in a cooperative companies scam. In 2000, NAB registered cases against him of withdrawing money by swindling cooperative banks. Butt was declared a proclaimed offender in absentia by an accountability court in 2001. He returned to Pakistan in 2008 before the elections after spending more than seven years abroad and no action had been taken against him for almost two years.
Other accused in the case include Chaudhry Tajammul Hussain, the late uncle of PML-Q chief Chaudhry Shujaat Hussain, Chaudhry Nayyar and Chaudhry Abdul Majid.
Zia Butt is a brother-in-law of the Sharif brothers. His son, Umar Suhail Butt, is a sitting MNA from Lahore.
Expressing surprise over Butt’s arrest, Punjab Law Minister Rana Sanaullah said NAB officials did not take the provincial government into confidence before Suhail’s arrest. He said that he would contact the federal government after collecting facts.
Relatives of the accused told reporters that the case has “no basis and the PPP is trying to politically victimise us”.
Published in The Express Tribune September 2nd, 2010.
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defaulter be treated like criminals.those who are not acting against defaulters,charge peoples be interrogated.Recommend
Is it a big surprise, not at all. He is Brother-in-Law of one of the biggest defaulter (Bank) of Pakistan.
What I am suppressed is the timing, what took NAB so long?
Other thing I would like to ask Mr. Sanaullah (Who let the Dogs Out, Who, Who, Who), how did Mr. Butt survive abroad since 2001? Was he working or doing business or living off the looted money?
But I am sure, he will be out in a day or two, either PM will bail hom out, if not then I am sure CJ. Punjab Ch. Sharif will come to his rescue as an obidient family friend (sevant).
All Hail Democracy!!!!!!!!Recommend
@shahryar Dont blame democracy, mush also made pml q but collecting most corrupt element of pml n and ppp and by blackmailing them through NAB.. then he brought NRO to accommodate corrupts in current govt. what happened against an influential personality today could never have happened in a dictatorshipRecommend
Woah! Nice stuff :)Recommend
First time have seen
law of the land is in action
against high profile.Recommend
Why so late ??? There are many others from the same clan, why are they moving freely ??? NAB needs to “Net-In” more fat cats. I hope this is the starting point. Good job done guys bravo.Recommend
Finally NAB gets a fat cat. But no doubt the corrupt Sharifs will have him freed by pressuring the high ups in Punjab. They do look after their own!Recommend