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Pakistan

Shehbaz Sharif gifted assets, properties worth millions to his family: NAB

  • The PML-N president gave away gifts worth Rs242 million to his wife and children and received more than Rs42.6 million worth of presents from his sons
Published October 6, 2020

(Karachi) The National Accountability Bureau (NAB) transpired that Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif gifted properties and assets worth millions to his family, media reported on Tuesday.

The corruption watchdog made the revelation during investigation in money laundering and assets beyond means case against Shehbaz Sharif.

According to NAB, the PML-N president gave away gifts worth Rs242 million to his wife and children and received more than Rs42.6 million worth of presents from his sons.

He gifted a piece of land measuring 749 kanal to his wife Nusrat Shehbaz. He received 867 kanal and 18 marla land from his mother and 748 kanal and 19 marla land from his father as gifts.

Shehbaz Sharif gave a sum of Rs171.2 million to his son Salman Shehbaz in tax year 2011-12, and Rs10.7 million to Hamza Shehbaz in 2013.

He gifted a plot in DHA WORTH Rs24 million to his wife Tehmina Durrani in 2015 in addition to buying her Rs16.3 million cottage and a villa in Haripur in the same year.

Last month, NAB revealed the value of the unnamed assets owned by Shehbaz Sharif.

According to NAB report, Shehbaz owns assets valued at Rs 7.58 billion. His apparent assets are worth Rs 269.31 million. Shehbaz Sharif’s unnamed assets include properties, three companies, secret bank accounts, and shares.

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