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Nawaz Sharif's property goes under the hammer in Sheikhupura


Daily Times
May 21, 2021
Former prime minister Nawaz Sharif’s seized agricultural land in Sheikhupura district went under the hammer on Thursday, a private TV channel reported.
As many as 88.4 kanals of agricultural land in Ferozwattoan was put up for auction after an accountability court allowed an application filed by the National Accountability Bureau (NAB), seeking directives for the authorities concerned to auction the attached properties of PML-N supremo Nawaz Sharif.
A trader, Mohammad Bota, made the highest bid of Rs10.1 million per acre for the land.
Bidding at the Sheikhupura municipal corporation opened at Rs70 million per acre. “Three people took part in the auction,” Additional Deputy Commissioner Faisal Saleem said. “The highest bid was Rs 10.1 million per acre,” he said. The total amount of about Rs 115 million will be deposited in the national exchequer after the approval of the accountability court. ....

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Toshakhana reference: Accountability Court orders auction of Nawaz's seized properties


Top Story
April 24, 2021
ISLAMABAD: The Accountability Court Islamabad on Friday ordered auction of seized properties of former prime minister and PML-N supremo Nawaz Sharif in Toshakhana reference.
The Accountability Court Judge Syed Asghar Ali heard the case and accepted the NAB application for auction of the properties of the former prime minister and ordered that wherever Nawaz Sharif’s properties are located the concerned provincial government can carry out the auction. The court directed the deputy commissioners of Lahore and Sheikhupura to submit a report regarding auction within 60 days.
The court also ordered the relevant authorities to submit the proceeds in the national exchequer after auctioning the properties of Nawaz Sharif. The court also ordered the auctioning of Nawaz Sharif’s vehicles within 30 days. The court said police’s help should be sought in getting hold of the vehicles before they are put on sale. ....

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