LAHORE: The Lahore High Court (LHC) on Thursday reserved its verdict on Pakistan Muslim League-Nawaz (PML-N) leader Maryam Nawaz’s application to grant her bail in the Chaudhary Sugar Mills (CSM) case.
The decision on Maryam Nawaz’s bail was reserved by Justice Ali Baqir Najfi.
In her bail plea, Maryam has sought ad-interim post arrest bail, contending that her family was implicated in a fake money laundering case and now they are being victimized.
Maryam was arrested by NAB in August and has been in custody of the accountability watchdog, which accused her of corruption and corrupt practices as defined under section 9(a) of NAO 1999 and schedule thereto and AML Act 2010.
NAB claimed that she aided and abetted co-accused persons –former prime minister Nawaz Sharif and others – in acquiring and laundering funds, which, it alleged, were disproportionate to the known sources of income of Nawaz. It accused Maryam of being a beneficiary of the assets.
On Wednesday, Maryam’s counsel Amjad Pervez contended that the accused had not been a beneficiary of the CSM nor she had actively served as its director and chief executive officer (CEO).
He said she had ever done any material work while serving at the aforementioned posts and was a minor when the CSM was established in 1991.