Lahore, 17th March: The National Accountability Bureau (NAB) has summoned PML-N vice president Maryam Nawaz in a sugar mills’ case.
Baaghi TV: According to reports, NAB Lahore on Wednesday summoned Maryam Nawaz in the Chaudhry Sugar Mills case.
As per reports, Maryam Nawaz has been directed to appear on Friday, March 26 in NAB’s Lahore office. Earlier she had made her appearance before the bureau on August 11, 2020.
According to the NAB spokesperson, the accountability watchdog received new evidence concerning the PML-N vice president. He added, “In the light of new evidence, Maryam Nawaz should be investigated.”
As per earlier reports, on August 8, NAB had arrested Maryam along with her cousin Yousaf Abbas in the Chaudhry Sugar Mills case.
As per NAB, in January 2018, it received a Financial Monitoring Unit (FMU) report describing suspicious transactions in billions of rupees regarding the Chaudhry Sugar Mills under the Anti-Money Laundering Act.
It may be remembered that at that time, the PML-N was the ruling party in the country.
According to reports, after receiving the FMU report, NAB started its inquiry in October 2018 and found that Nawaz Sharif, Maryam Nawaz, Shehbaz Sharif and family, and Abbas Sharif and his family are shareholders in the company, along with some foreigners from the UAE and the UK.
It was found during the probe that huge investments were made in the Chaudhry Sugar Mills from 2001 to 2017 that amounted to billions of rupees in the name of issuing shares to foreigners.
However, later on, it was discovered that the same shares were transferred back to Maryam, Hussain, and Nawaz Sharif without paying any money to the foreign business partners.
Stay tuned to Baaghi TV to read all the latest news and updates!