Ittefaq Foundry reference: Nawaz, Shahbaz & six of their family acquitted

28 May, 2015 5:54 pm

ISLAMABAD (92 News) – An accountability court on Thursday acquitted Prime Minister Nawaz Sharif, Chief Minister Shahbaz Sharif and six members of their family in the Ittefaq Foundry reference.

A reference was filed against the Sharif family during the Musharraf era in 2001.

Nawaz Sharif, Shahbaz Sharif, Abbas Sharif, their father Mian Sharif, Kamal Hussain and Mukhtar Hussain were nominated in the reference.

It had been alleged that an amount of Rs 1.66 billion was taken as loan from National Bank of Pakistan in 1994 and the loan was not returned.


The court acquitted all the accused after the matter was resolved with the bank.

Meanwhile, the court rejected the NAB’s plea to reopen the case.




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