AIRLINK 191.84 Decreased By ▼ -1.66 (-0.86%)
BOP 9.87 Increased By ▲ 0.23 (2.39%)
CNERGY 7.67 Increased By ▲ 0.14 (1.86%)
FCCL 37.86 Increased By ▲ 0.16 (0.42%)
FFL 15.76 Increased By ▲ 0.16 (1.03%)
FLYNG 25.31 Decreased By ▼ -0.28 (-1.09%)
HUBC 130.17 Increased By ▲ 3.10 (2.44%)
HUMNL 13.59 Increased By ▲ 0.09 (0.67%)
KEL 4.67 Increased By ▲ 0.09 (1.97%)
KOSM 6.21 Increased By ▲ 0.11 (1.8%)
MLCF 44.29 Increased By ▲ 0.33 (0.75%)
OGDC 206.87 Increased By ▲ 3.63 (1.79%)
PACE 6.56 Increased By ▲ 0.16 (2.5%)
PAEL 40.55 Decreased By ▼ -0.43 (-1.05%)
PIAHCLA 17.59 Increased By ▲ 0.10 (0.57%)
PIBTL 8.07 Increased By ▲ 0.41 (5.35%)
POWER 9.24 Increased By ▲ 0.16 (1.76%)
PPL 178.56 Increased By ▲ 4.31 (2.47%)
PRL 39.08 Increased By ▲ 1.01 (2.65%)
PTC 24.14 Increased By ▲ 0.07 (0.29%)
SEARL 107.85 Increased By ▲ 0.61 (0.57%)
SILK 0.97 No Change ▼ 0.00 (0%)
SSGC 39.11 Increased By ▲ 2.71 (7.45%)
SYM 19.12 Increased By ▲ 0.08 (0.42%)
TELE 8.60 Increased By ▲ 0.36 (4.37%)
TPLP 12.37 Increased By ▲ 0.59 (5.01%)
TRG 66.01 Increased By ▲ 1.13 (1.74%)
WAVESAPP 12.78 Increased By ▲ 1.15 (9.89%)
WTL 1.70 Increased By ▲ 0.02 (1.19%)
YOUW 3.95 Increased By ▲ 0.10 (2.6%)
BR100 11,930 Increased By 162.4 (1.38%)
BR30 35,660 Increased By 695.9 (1.99%)
KSE100 113,206 Increased By 1719 (1.54%)
KSE30 35,565 Increased By 630.8 (1.81%)

Opposition leader in National Assembly Shahbaz Sharif and his son, Punjab Assembly opposition leader Hamza Shahbaz, were indicted on Tuesday in the Ramzan Sugar Mills case. The father-son appeared before an accountability court in Lahore where they were indicted in the Ramzan Sugar Mills corruption reference. Both Shahbaz and Hamza pleaded not guilty to the charges.
The National Accountability Bureau in February had filed a reference against the two alleging that the former chief minister of Punjab misused his authority by using public funds for the construction of a bridge to facilitate the Ramzan mills, owned by his sons.
During the hearing, Judge Najamul Hassan asked the NAB prosecutor what the Ramzan Sugar Mills reference was, to which the prosecutor replied that public funds were used to build a nullah for the mills. Shahbaz, in his defence, responded, "In 10 years, I have saved the country billions of rupees, and God knows that. I had nothing to do with this nullah, and no money was wrongfully used."
The Lahore High Court on February 14 had granted bail to Shahbaz in the Ashiana Iqbal Housing scheme and Ramzan Sugar Mills cases. The opposition leader was earlier indicted in the Ashiana scheme case. Hamza Shahbaz was granted pre-arrest bail till April 17 by the LHC, which also restrained NAB from arresting him in cases pertaining to ownership of assets beyond means, until further notice.
Hamza was also directed to submit bail bonds worth Rs10 million. NAB carried out two successive raids on Friday and Saturday at PML-N President Shahbaz Sharif's Model Town residence to arrest Hamza. A NAB team seeking Hamza's arrest had a nearly five-hour-long standoff with his private security and party supporters, with the situation resolving only after the LHC restrained the watchdog from arresting Hamza and granted him protective bail until April 8.

Copyright Independent News Pakistan, 2019

Comments

Comments are closed.