- Advertisement -
Home Chaudhry Sugar Mills case NAB summons SECP officer in Chaudhry Sugar Mills' case

NAB summons SECP officer in Chaudhry Sugar Mills’ case

- Advertisement -

LAHORE: The Nationwide Accountability Bureau (NAB) has summoned an officer of the Securities and Alternate Fee of Pakistan (SECP), Tahir Mehmood, on September 27 in an effort to proceed investigation into Chaudhry Sugar Mills case, ARY Information reported on Thursday.

The anti-corruption watchdog stepped ahead into investigation of cash laundering and unlawful switch of shares of Chaudhry Sugar Mills owned by Sharif household.

Tahir Mehmood, a SECP officer, has been summoned by the bureau’s Lahore workplace on September 27 (Friday) together with information.

Earlier on September 18, an accountability court docket had prolonged bodily remand of Pakistan Muslim League-Nawaz vice President, Maryam Nawaz and her cousin Yousaf Abbas for per week, in a case pertaining to Chaudhry Sugar Mills.

Learn Extra: NAB makes Nawaz Sharif a part of Chaudhry Sugar Mills probe

The NAB group introduced Maryam and Abbas earlier than the court docket of accountability choose Ameer Muhammad Khan as their 14 days remand expired right this moment.

The listening to was adjourned for some time as employees of the PML-N forcibly entered Judicial advanced and the courtroom to fulfill their chief.

The PML-N employees continued to chant slogans within the courtroom regardless of a number of warnings by the choose.

NAB had arrested Maryam and Yousaf on August 8.

On Aug 23, sources throughout the anti-graft watchdog had claimed that the bureau will quickly write to related banks and different establishments, asking them to freeze the movable and immovable belongings owned by each the accused.

Chaudhry Sugar Mills case

In a press convention, Particular Assistant to the Prime Minister on Accountability Shahzad Akbar had stated the Sharif Household had used Chaudhry Sugar Mills for money-laundering and unlawful switch of its shares.

Through the probe, it was revealed {that a} $15 million mortgage was taken on the pretext to arrange the mill although it had already been established earlier than the mortgage was acquired, the particular assistant claimed. He had added that the mortgage was by no means transferred to Pakistan as proven by the file of the State Financial institution of Pakistan.

He had stated greater than Rs7 million price of shares have been transferred to PML-N vice chairman Maryam Nawaz in 2008 by means of mill’s shares, which have been later transferred to Yousaf Abbas Sharif in 2010.

Feedback

feedback



picture supply

- Advertisement -
- Advertisement -

Stay Connected

16,985FansLike
2,458FollowersFollow
61,453SubscribersSubscribe

Must Read

Corona patients will be more than one lakh in late April, PM reported

Islamabad (Monitoring Bureau), Pakistan's chief scientist Dr. Ataur Rehman, while speaking to a private television channel, said that the Prime Minister had been informed...
- Advertisement -

(2020-2025) Funeral services market – Trends and main players | Service Corporation International, Matthews International, Dignity, StoneMor Partners, InvoCare, Carriage Services, Funespana, Fu Shou...

Last report on Funeral services market The Global Funeral Services Market report is one of the most comprehensive and important additions to Alexareports' market research...

More prisons in prisons across the country: Ministry of Human Rights

ISLAMABAD: The Ministry of Human Rights has submitted a report of the action on the Corona epidemic to the Supreme Court, which says...

Related News

Corona patients will be more than one lakh in late April, PM reported

Islamabad (Monitoring Bureau), Pakistan's chief scientist Dr. Ataur Rehman, while speaking to a private television channel, said that the Prime Minister had been informed...

(2020-2025) Funeral services market – Trends and main players | Service Corporation International, Matthews International, Dignity, StoneMor Partners, InvoCare, Carriage Services, Funespana, Fu Shou...

Last report on Funeral services market The Global Funeral Services Market report is one of the most comprehensive and important additions to Alexareports' market research...

More prisons in prisons across the country: Ministry of Human Rights

ISLAMABAD: The Ministry of Human Rights has submitted a report of the action on the Corona epidemic to the Supreme Court, which says...

Nick Jonas reveals his favorite Indian dish, says he’s “ no longer a freaky guy ”

The husband of the American singer and Bollywood actress, Nick Jonas, of Priyanka Chopra, declared that he was more a paneur guy but admitted...
- Advertisement -