Earlier, the Lahore High Court (LHC) granted bail to Opposition Leader in the National Assembly Shehbaz Sharif in the Ashiyana Housing Scheme and Ramazan Sugar Mills cases.
The court ordered to release him after furnishing two surety bonds worth Rs one million.
The two-member bench headed by Justice Malik Shahzad Ahmed announced the verdict that was reserved earlier.
The court rejected the bail plea of Fawad Hassan Fawad in assets beyond known sources of income case. However, he was granted bail in the Ashiyana Housing scandal.
The court remarked that Shehbaz Sharif is not the chief executive officer (CEO) of the Ramazan Sugar Mills.
LHC rejects NAB’s plea to transfer bail application of Shehbaz
Earlier, the LHC
has dismissed the NAB plea for transferring the bail application of PML-N president Shehbaz Sharif to another bench. LHC Chief Justice Sardar Muhammad Shamim Khan heard the plea.
He remarked that allegations are already being leveled against the NAB. “Will the NAB get the bench formed of its own choice?” he questioned.
The NAB prosecutor contended that a two-member bench headed by Justice Malik Shehzad is hearing the bail plea of Shehbaz Sharif and it could not hear the plea.
He appealed to the court to send the bail plea of Shehbaz Sharif to a bench headed by Justice Ali Baqar Najafi. He said that the bench headed by Justice Ali Baqar Najafi had dismissed the bail pleas of co-accused.The NAB had arrested Shehbaz Sharif for misusing his powers in the Ashiyana Iqbal Housing Scandal and he is on judicial remand these days.
Sharif, in the Ashiyana-i-Iqbal housing scam, is accused of cancelling the award of the project to successful bidder M/s Chaudhry Latif and Sons and instead obliging M/s Lahore Casa Developers (JV) — a proxy group of M/s Paragon City (Pvt) Limited, which the bureau claims was developed by former railways minister Khawaja Saad Rafique.