Court orders freezing of company shares owned by Sharif's sons

Tuesday, October 31 2017

Court orders freezing of company shares owned by Sharif's sons Court orders freezing of company shares owned by Sharif's sons Source : 13:45 hrs
[Pakistan], Oct.31 (ANI): An accountability court on Tuesday ordered the freezing of company shares owned by the two sons of former Pakistan prime minister Nawaz Sharif.
According to the Express Tribune, shares in six companies owned by Hassan and Hussain Nawaz were ordered frozen.
The court directed the Securities and Exchange Commission of Pakistan (SECP) to freeze these shares after taking into account details presented in a report submitted by NAB prosecutor Afzal Qureshi.
The case will next be heard on November 14.
Non-bailable warrants of arrest were issued for Hassan and Hussain earlier this month for failing to appear before the court.
Last month, NAB filed four corruption references against the Sharif family and Finance Minister Ishaq Dar with the accountability court.
The references were prepared in light of the July 28 judgement of the Supreme Court in the Panamagate case. (ANI with inputs) SEARCH talking point on sify news Latest Features