AGL 40.15 Increased By ▲ 0.15 (0.38%)
AIRLINK 130.50 Increased By ▲ 0.97 (0.75%)
BOP 6.81 Increased By ▲ 0.13 (1.95%)
CNERGY 4.63 No Change ▼ 0.00 (0%)
DCL 9.00 Increased By ▲ 0.06 (0.67%)
DFML 43.79 Increased By ▲ 2.10 (5.04%)
DGKC 84.19 Increased By ▲ 0.42 (0.5%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 78.31 Increased By ▲ 2.84 (3.76%)
FFL 11.85 Increased By ▲ 0.38 (3.31%)
HUBC 110.79 Increased By ▲ 0.24 (0.22%)
HUMNL 14.61 Increased By ▲ 0.05 (0.34%)
KEL 5.67 Increased By ▲ 0.28 (5.19%)
KOSM 8.25 Decreased By ▼ -0.15 (-1.79%)
MLCF 39.84 Increased By ▲ 0.05 (0.13%)
NBP 60.85 Increased By ▲ 0.56 (0.93%)
OGDC 200.25 Increased By ▲ 0.59 (0.3%)
PAEL 26.71 Increased By ▲ 0.06 (0.23%)
PIBTL 7.81 Increased By ▲ 0.15 (1.96%)
PPL 160.95 Increased By ▲ 3.03 (1.92%)
PRL 26.90 Increased By ▲ 0.17 (0.64%)
PTC 18.85 Increased By ▲ 0.39 (2.11%)
SEARL 83.30 Increased By ▲ 0.86 (1.04%)
TELE 8.19 Decreased By ▼ -0.12 (-1.44%)
TOMCL 34.50 Decreased By ▼ -0.01 (-0.03%)
TPLP 9.14 Increased By ▲ 0.08 (0.88%)
TREET 17.10 Decreased By ▼ -0.37 (-2.12%)
TRG 59.80 Decreased By ▼ -1.52 (-2.48%)
UNITY 27.81 Increased By ▲ 0.38 (1.39%)
WTL 1.44 Increased By ▲ 0.06 (4.35%)
BR100 10,544 Increased By 137 (1.32%)
BR30 31,957 Increased By 243.3 (0.77%)
KSE100 98,430 Increased By 1102.1 (1.13%)
KSE30 30,616 Increased By 423.4 (1.4%)

The Islamabad High Court (IHC) on Monday issued notices to National Accountability Bureau (NAB) and former Prime Minister Nawaz Sharif after the latter withdrew the plea seeking bail and suspension of his sentence in Al-Azizia reference.
The court directed Khawaja Haris, counsel for Nawaz Sharif, to satisfy the court on legal points. A two-member bench comprising Justice Amir Farooq and Justice Mohsin Akhtar Kiani heard the petition. Nawaz Sharif has filed a new petition seeking suspension of his sentence on medical grounds, while he has prayed the court to withdraw his earlier petition for bail in the case.
The former prime minister had filed the petition as well as an appeal against his conviction in the Al-Azizia reference and this is fixed for hearing on February 18. Sharif's lawyer said in the court that he will give detailed arguments to satisfy the judges as to why his client wanted to pursue his bail plea on the medical reasons.
Accountability Court convicted Nawaz Sharif on December 24 last year in the Al-Azizia/Hills Metals Establishment reference and awarded him seven years imprisonment, besides imposing a fine of Rs 1.5 billion and $25 million. Meanwhile, the NAB has also filed appeals in the IHC, seeking enhancement of Nawaz Sharif's sentence from seven to 14 years. The NAB has also challenged Nawaz Sharif's acquittal in the Flagship Investment reference. The court will now hear Nawaz Sharif's plea for bail on medical grounds today (Tuesday).

Copyright Business Recorder, 2019

Comments

Comments are closed.