NAB decides to appoint ‘receiver’ on income of Sharif family


receiver, NAB Sharif family shehbaz sharif maryam nawaz hamza shehbaz
26 Aug, 2019 3:48 pm

ISLAMABAD (92 News) – The National Accountability Bureau (NAB) has taken extraordinary steps in corruption investigation against Sharif family and decided to appoint “receiver” on their income.

According to the reports, the corruption watchdog body will appoint receiver on the income of more than 25 companies including Ramazan Sugar mills, Power Plant and 2500 kanal commercial properties of Sharif family.

As a result of being appointed receiver, Maryam Nawaz, Shehbaz Sharif, Hamza Shehbaz, Salman Shehbaz, Yousuf Abbas Sharif and other stakeholders of the companies will not be able to receive the revenue and profit of billions of rupees from companies and properties.

The receiver will deposit there amounts in special bank accounts. The Sharif family will not utilize this amount till the decision of all corruption cases filed against them.

Recovery and Disbursement Management Cell of NAB will supervise the financial and income related matters.

The Lahore NAB took this step against Sharif family after getting solid evidences during the investigation of corruption cases. The approval will be taken from the concerned accountability court for appointment of the receiver.

The corruption watchdog body of Lahore will file a TT scandal and income beyond sources income another references against Shehbaz Sharif and his sons Hamza and Salman Shehbaz.

It was also reported that the NAB has authority to appoint any officer as receiver under the Section 12 of related NAB region. “If any property, company or any factory is far away from the regional office of the NAB then it can take the services of concerned deputy commissioner.

Earlier, difficulties increased for Sharif family as two key accused Shahid Rafique and Aftab Mehmood has become approver against Sharif family in money laundering case.

An accountability court on Saturday accepted the plea to transfer the two accused into the NAB custody from jail.

Both the accused recorded their statements before the magistrate against Shehbaz Sharif family in money laundering.

They transferred worth of billion rupees in Shehbaz Sharif, Salman Shehbaz and Hamze accounts through telegraphic transactions.

In a key development came after arrest of PML-N vice president Maryam Nawaz, two of the accused expressed their willingness to turn approvers in money-laundering cases filed against the Sharifs and others.

Two key accused, Shahid Rafique and Aftab Mehmood, have requested the NAB under Section 26 of the NAO 1999 for tendering apology and pledging to become approvers against the members of Sharif family and other co-accused in money-laundering cases


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