NAB begins money laundering against Nawaz

NAB begins money laundering against Nawaz”

As the hearing went under way, the prosecution asked for a short recess as NAB Deputy Prosecutor General Sardar Muzaffar Abbasi was not present in court since he was consulting the prosecutor general on their stance.

He also admitted that none of the witnesses, whose statements he recorded under Section 161 of the criminal procedure code during the course of investigation, had stated that Maryam Nawaz or her spouse retired Captain Mohammad Safdar was the beneficial owner of the London properties. The court also summoned head of the Joint Investigation Team (JIT) Wajid Zia to record his statement in the next reference.

The court agreed with the arguments and rejected the prosecution's plea.

Maryam Nawaz's counsel, Amjad Parvez, said that in order to conduct transparent trials, the defence has to be given equal amount of time to prepare as the prosecution. However, during the cross-examination, Imran elaborated court about NAB investigation methods and policies.

During the proceeding, Nawaz's counsel Khawaja Haris said the apex court should consider granting a three-month extension to which the judge replied saying that SC will deicide the time limit.

The case against Nawaz Sharif is preceded by four corruption cases at the accountability court, including three regarding the Panama Papers, as well as a NAB inquiry for the alleged illegal expansion of the road that leads to his estate in Jati Umra.

The trial against the Sharif family had commenced on September 14, 2017 with a six-month deadline.

It is pertinent to mention here that with the Al-Azizia Steel Mills and Flagship Investments still untouched, NAB is running out of time.

The three references hold the entire Sharif family, including son-in-law Capt (retd) Safdar as accused in the case.

The two brothers, based overseas, have been absconding since the proceedings began a year ago and were declared proclaimed offenders by the court.

Earlier, SC had extended the deadline for accountability court to complete its probe into references against Sharif family for two more months.

NAB had earlier filed interim references in all three cases and later added supplementary references to them with new evidence and witnesses.

Like this



08 May 2018
Instagram: New "Music Stickers" In The Works
Instagram Stories now supports videos that are only 15 seconds long, and it is not clear how it will pick song for the story. With this feature, you can search for appropriate tunes under different tabs labeled as "Moods", "Trending", and "Genres".

08 May 2018
Dana White Confirms Rumors of Georges St-Pierre vs. Nate Diaz
We don't know when Georges St-Pierre and Nate Diaz will grace the octagon again. ET while the preliminary card will air on FOX Sports 1 at 8 p.m.

08 May 2018
Starbucks (SBUX) Shares Sold by Advantus Capital Management Inc
Sumitomo Mitsui Financial Group Inc. purchased a new position in shares of Starbucks during the third quarter worth $111,000. This repurchase authorization permits the coffee company to reacquire shares of its stock through open market purchases.

08 May 2018
Rod Brind'Amour to be named new Hurricanes coach
Bill Peters resigned as Carolina's head coach last month after failing to reach the playoffs in five seasons. Brind'Amour, 47, is a former Hurricanes captain who has been an assistant coach with the team most recently.

08 May 2018
Square Enix to Host Video Showcase Next Month at E3 2018
The Square-Enix E3 website offers links to different stream channels: Youtube , Twitch, Facebook, and Mixer. Square Enix has confirmed that they will hold their conference on June 11 at 10 AM PDT/1 PM EDT/6 PM BST.

08 May 2018
You can now use the Google Assistant on LG's 2018 ThinQ TVs
The new TVs with Google Assistant are available in the U.S. from this month and will launch later in key markets Europe and Asia. The Google Assistant, meanwhile, works in much the same way as it does on a smartphone or Google Home.

08 May 2018
Rolls-Royce Cullinan shows off its taillights
Today, the English automaker has unveiled a sneak peek of the SUV, giving the world the first look at the production version Cullinan.

12 April 2018
New Jersey Looking Towards Sports Betting
New Jersey has demonstrated recently that financial returns from legalising gambling, in particular online gambling can be huge . As of April 2018 New Jersey have spent a massive $7.2M dollars in the fight to legalise sports betting within the state borders.

11 April 2018
England All-rounder David Willey Replaces Kedar Jadhav
He has two centuries and seven half centuries to his name, which have come while playing in various T20 leagues across the world. With an experience of more than 140 T20 matches, David will prove out to be the Trump Card of Chennai Super Kings this season.

29 March 2018
Max Polyakov: The Knowledge Economy and its Opportunities for Businesses
Knowledge should be the fundamental aspect of any production process, as well as it should be used in every technological process. Furthermore, the USA accounts for more than a quarter of the world economy (24.8%); the cash equivalent is about 18 trillion USD.