An accountability court in Lahore on Wednesday rejected the National Accountability Bureau’s (NAB) request for an extension in the physical remand of PML-N leader Maryam Nawaz and her cousin Yousuf Abbas and ordered that the duo be sent on judicial remand for 14 days. During the court proceedings, heard by judge Ameer Muhammad Khan, NAB prosecutors Hafiz Asadullah Awan and Haris Qureshi presented their arguments. They said further investigation of the two was required in the Chaudhry Sugar Mills (CSM) case.
On August 8, Maryam and her cousin had been arrested by NAB in the CSM case. Since then, their physical remand has been repeatedly extended.
During today’s proceedings, the NAB prosecutor said that during the investigation of the two they had found out about an agreement for the division of the family’s assets.
He said shares valued at Rs14.558 million were divided between former premier Nawaz Sharif, Leader of the Opposition in the National Assembly Shahbaz Sharif, Abbas Sharif, Kausar and Shamim Begum.
During the investigation, a difference of shares worth Rs11.61m was identified. According to the Securities and Exchange Commission of Pakistan (SECP) record for 2008, shares valued at Rs26.2 million belonged to the CSM, the prosecutor said, adding that the shares were not included in the Sharif family’s assets.
Source: dawn.com
Saturday, May 2, 2026
