Millennium Post

Sharif remanded in custody of NAB in money laundering case

Lahore: Pakistan's jailed former prime minister Nawaz Sharif was on Friday remanded into the custody of the country's anti-graft body for 14 days after he was arrested in a money laundering case, the third corruption case against him.

A National Accountability Bureau (NAB) team took Sharif, 69, into its custody from Kot Lakhpat jail Lahore where he is serving a seven-year imprisonment in the Al Azizia Mills corruption case and presented him before the judge of an accountability court for his physical remand.

NAB prosecutor Hafiz Asadullah Awan sought 15-day physical remand of Sharif, arguing that the suspect is involved in money laundering under the garb

of sale and purchase of the shares of the Chaudhry Sugar Mills.

NAB has accused Sharif of being a direct beneficiary of Chaudhry Sugar Mills and his daughter, Maryam, who was arrested in connection with the case in August along with her cousin Yousuf Abbas, of holding over 12 million shares in the sugar mills.

The court, however, granted 14-day physical remand of Sharif to NAB.

It ordered the accountability bureau to present him on October 25.

Sharif was shifted to NAB headquarters in Lahore where he will be interrogated for money laundering charges against him.

A PML-N leader told PTI that NAB arrested the three-time prime minister in another case only in anticipation of his possible bail in the Al-

Azizia case.

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