NAB may move to auction Nawaz Sharif’s properties

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LAHORE: The National Accountability Bureau (NAB) has decided to auction all the properties of PML-N leader Nawaz Sharif, says a report quoting the NAB sources.

NAB will move an application in the accountability court for auctioning Nawaz Sharif’s property.

The NAB report said that Nawaz Sharif was declared a fugitive by the court in the Toshakhana reference.

According to the SECP, Nawaz Sharif has shares in four companies, while Muhammad Bakhsh Textile Mills has 467,950 shares.

 A leading Urdu daily said that Nawaz Sharif owns 343,425 shares in Hudabia Paper Mills while Nawaz Sharif owns 22,213 shares in Hudabia Engineering Company.

Besides, Nawaz Sharif owns 48,606 shares in Ittefaq Textile Mills.

 The NAB said that Additional Deputy Commissioners of LDA, Lahore, Sheikhupura and Assistant Commissioner of Murree and Galyat Development Authority have reported that Nawaz Sharif and his dependents have properties in Lahore, Sheikhupura, Murree, Abbottabad.

Bungalow in Murree, 15 kanal house in Changla Gali Abbottabad and property on Upper Mall Lahore. More than 1752 kanals of agricultural land in the name of Nawaz Sharif and his dependents.

936 kanals in Mouza Manak of Lahore, 299 kanals of agricultural land in Mouza Baduksani, 103 kanals in Mouza Mall Raiwind of Lahore, 312 kanals in Mouza Sultan, 14 kanals in Mouza Mandiali of Sheikhupura, 88 in Mouza Feroz Watan Canal land is available.