Nawaz Sharif along with Maryam to do 41 million money laundering: NAB revealed

Nawaz Sharif along with Maryam to do 41 million money laundering: NAB revealed

LAHORE: The NAB report has emerged in connection with the Chaudhry Sugargirls case, in which it was revealed that Nawaz Sharif made a money laundering of Rs 41 crore (Rs 410 million) in partnership with his daughters Maryam Nawaz and daughter-in-law Yousuf Abbas.

According to the NAB report, the accused claimed to transfer fake one million shares to a foreigner, Naseer Abdullah, while the transferred shares were returned to Nawaz Sharif in 2014.

The NAB report said that 2000,000 dollars was invested in Chaudhry Sugarmills and Shamim Sugarmills from 1992 to 2016, Nawaz Sharif loaned $ 1.15 million to an offshore company for Sugar Mills in 1992. But the name of the original owner of the company was not disclosed.

According to sources, the Sharif family says that NAB's report is baseless which will prove false in court.

It is to be remembered that Mian Nawaz Sharif is imprisoned in Kot Lakhpat Jail these days, the accountability court has sentenced him to seven years imprisonment in Alizizia reference while Maryam Nawaz and Nawaz Sharif's nephew Yusuf Abbas are also in the custody of NAB in Chaudhry Sugar Mills case.