NAB seeks Sharif’s bank details from SBP

Request for details of seven companies owned by Ishaq Dar’s family also filed

ISLAMABAD: The National Accountability Bureau (NAB) has sought the complete details of bank accounts of the Sharif family from the State Bank of Pakistan (SBP).

The top graft buster wrote a letter to the SBP on Thursday seeking complete banking transactions records of members of the Sharif family, a senior NAB official confirmed.

The SBP will collect the details from all banks in the country and furnish them to NAB after they are compiled.

The official observed that the development shows that the anti-graft watchdog, besides using the report of the Joint Investigation Team (JIT) which probed the Panamagate case on the directions of the Supreme Court, is also conducting its own inquiries into the issue. The JIT was also provided with records of the Sharif family’s banking transactions.



“Meanwhile, a NAB team from Rawalpindi has also reached Lahore to record statements of former prime minister Nawaz Sharif and his sons Hussain and Hassan Nawaz. Earlier, NAB had summoned Nawaz Sharif and his sons to appear before NAB investigators in Lahore on Friday (today).

NAB rules provide for recording statements of accused before filing any corruption reference against them. However, the PML-N not yet decided if the family members would appear before the investigators today.

Besides seeking records of banking transactions, NAB had already written a letter to the Securities and Exchange Commission of Pakistan (SECP) seeking details of some seven companies –Hajveri Holdings, CNG Pakistan, Spencer Distribution, HDS Securities, Gulf Insurance Company, Spenser Pharmacy, and Hajveri Hodarba Management Company – all owned by relatives of Finance Minister Ishaq Dar.

Also on Thursday, the SC granted access to the confidential tenth volume of the JIT report to NAB investigators.

NAB has assigned and dedicated 14 officers to investigate the allegations and consequently file four separate references against Sharif family members in light of the SC judgment, a media report suggests.



The four probe teams each comprise three officers – an investigation officer, a case officer, and a director. They will be under the direct supervision of the directors-general of NAB Rawalpindi and Lahore.

These teams will conduct inquiries and recommend whether or not corruption reference should be filed.

The National Accountability Ordinance provides that if an investigation officer deems it necessary in the light of the available material evidence, they can order the arrest of an accused at any stage of an investigation.