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Court orders attachment of Hussain, Hassan’s assets in Pakistan

ISLAMABAD: An accountability court on Tuesday directed the Securities and Exchange Commission of Pakistan (SECP) to attach the shares owned by ousted prime minister Nawaz Sharif’s sons Hussain and Hassan, in various companies in Pakistan.

Judge Muhammad Bashir gave this direction after NAB prosecutor Afzal Qureshi submitted a report, showing details of the assets of Hussain and Hassan Nawaz in Pakistan. They both held shares in six companies, according to the report.

The judge directed the SECP to freeze their shares and make them part of the record of the case. The hearing of the NAB references against them was adjourned till Nov 8.

Sharif and his sons – Hussain and Hassan – have been named in three corruption references, while his daughter Maryam Nawaz and her husband retired Captain Safdar has been named in single graft reference related to the family’s London flats.

Earlier, the court had allowed a request by NAB to initiate proceedings to declare Hussain and Hassan proclaimed offenders over their perpetual absence from the court proceedings.

The former prime minister had been indicted in three references in his absence through his pleader, while Maryam and her husband had also been indicted in a reference.

Sharif along with his two sons is currently in London, tending his ailing wife Kulsoom Nawaz.

At the previous hearing on Oct 26, the court had issued bailable warrants for his arrest.

The accountability court began proceedings against the Sharif family on Sept 26 after the NAB filed the references in compliance with the Supreme Court verdict in the Panama Papers case.

On July 28, the court had disqualified the former prime minister and ordered the filing of references against him and members of his family. A reference was also filed against Finance Minister Ishaq Dar for allegedly having assets beyond his known sources of income.



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