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Accountability courtroom orders confiscation of Shahbaz Sharif’s son-in-law’s property

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A Lahore accountability courtroom on Thursday issued orders for the confiscation of property of former Punjab chief minister Shahbaz Sharif’s son-in-law, Imran Ali Yousaf.

Accountability Choose Muhammad Azeem issued the orders whereas listening to a petition filed by the Nationwide Accountability Bureau (NAB) which requested the courtroom to connect Yousaf’s property.

Yousaf is accused of receiving illicit funds in extra of Rs12 million from Ikram Naveed, the previous CEO of the Punjab Energy Improvement Firm (PPDC), and is the topic of a NAB probe.

He appeared earlier than NAB investigators in April however has since skipped scheduled hearings and left the nation for London. On August 7, he was declared a proclaimed offender by an Accountability Court docket.

“Yousaf has properties price billions in Pakistan, he owns Ali Centre and Ali City. He additionally has companies referred to as Ali and Fatima Builders and Ghaus Al Azeem Builders,” the prosecutor mentioned.

“He additionally owns 99 or 100 plots in Gulberg 3-A,” the prosecutor continued, including that Yousaf additionally owns one Madinah Feeds Mill.

A supply had earlier instructed DawnNewsTV that the then CM’s son-in-law was additionally accused of “getting Naveed appointed as PPDC CEO, who subsequently allegedly dedicated large corruption. NAB is quizzing Yousaf on the data offered about him by Ikram Naveed.”

The Anti-Corruption Institution (ACE) had already carried out a probe towards Naveed and Yousaf in 2016. It declared Naveed responsible of embezzling Rs450 million.

The ACE in its investigation had discovered that Naveed had bought 19 properties in his and his members of the family’ names and in addition unearthed his and his members of the family’ property price over Rs1 billion. The property has been connected and their financial institution accounts frozen.

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