ISLAMABAD: The Supreme Court will take up an appeal filed by the National Accountability Bureau (NAB) on Nov 13, against the Lahore High Court verdict quashing the Rs1.2 billion Hudaibya Paper Mills case against the Sharif family.
A three-judge bench headed by Justice Asif Saeed Khosa and comprising Justice Dost Muhammad Khan and Justice Mazhar Alam Khan will hear the appeal.
The NAB through its Prosecutor General Waqas Qadeer Dar had filed the appeal, pleading the top court to grant leave to appeal to examine the legality, propriety and vires of the 2014 LHC verdict and set aside the impugned judgement.
Former prime minister Nawaz Sharif, Punjab Chief Minister Shahbaz Sharif, Shamim Akhtar, mother of Nawaz, Shahbaz and the late Abbas Sharif, Maryam Safdar, Hussain Nawaz, Hamza Shahbaz, Hudaibya Paper Mills Ltd, the federal government and others have been named as respondents in the appeal.
According to the Hudaibya reference, the Sharif family had been accused of setting up Hudaibya Paper Mills Ltd to launder money.
A joint investigation team set up to investigate the Sharif family’s offshore properties had recommended in its report that the Hudaibya Paper Mills should be investigated afresh.
Subsequently, a Supreme Court bench hearing the Panama Papers case had asked the bureau to reopen the case.
The Musharraf government had launched an investigation against the Sharif family members back in 2000 for their alleged involvement in money-laundering.
Finance Minister Ishaq Dar, who is a close aide and relative of the Sharifs, had given a confessional statement before a magistrate, alleging that Sharif brothers used the Hudaibya Paper Mills as cover for money laundering during the late 1990s.
Dar later retracted his statement and claimed that the statement was gleaned under duress.
 in Hudaibya Papers Mills case against the Sharif family){kind=link}