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This file photo shows former prime minister Nawaz Sharif. AFP/File
ISLAMABAD: Just a day before the scheduled auctioning of three immovable properties associated with former premier Nawaz Sharif in Lahore and Sheikhupura, three petitions were filed before the Islamabad High Court (IHC) challenging the government order.
An accountability court had directed the Securities and Exchange Commission of Pakistan (SECP) and the Punjab government last month to sell unclaimed shares and properties of Nawaz Sharif who is absconding in the Toshakhana reference and deposit the proceeds with the state treasury.
Three petitioners namely Mian Barkat Ali, Aslam Aziz and Ashraf Malik on Tuesday challenged the district administration order for auction of a house at Lahore’s Upper Mall and agricultural lands measuring 88 kanals and 105 acres, in Sheikhupura and Lahore, respectively.
The accountability court has directed the Securities and Exchange Commission of Pakistan (SECP) as well as the relevant authorities to sell unclaimed shares and properties of former prime minister Nawaz Sharif and deposit the proceeds with the state treasury. Dawn/File
• Accountability court seeks compliance report from authorities
• Objection petitions filed against some attached properties
ISLAMABAD: The accountability court has directed the Securities and Exchange Commission of Pakistan (SECP) as well as the relevant authorities to sell unclaimed shares and properties of former prime minister Nawaz Sharif and deposit the proceeds with the state treasury.
Accountability Judge Syed Asghar Ali allowed the application filed by the National Accountability Bureau (NAB), seeking directives to the authorities concerned to sell the attached properties of Nawaz Sharif under section 88 of the Criminal Procedure Code (CrPC).