LAHORE: Yousuf Abbas, nephew of former prime minister Nawaz Sharif, appeared before the National Accountability Bureau (NAB) here on Tuesday in connection with a probe into the M/s Chaudhry Sugar Mills Ltd.

The anti-graft body initiated investigation against Maryam Nawaz, Nawaz Sharif, Shahbaz Sharif, Hamza Shahbaz and Yousuf Abbas and others for owning the M/s Chaudhry Sugar Mills Ltd. They are accused of laundering money and possessing assets beyond known sources of their income.

The NAB quizzed Mr Abbas regarding investment/loans given to M/s Shamim Sugar Mills Ltd, all TTs sent and received by him and loan of Rs800million given to him by various entities as reported in his wealth statement.

Published in Dawn, July 24th, 2019

Opinion

Editorial

‘Source of terror’
29 Mar, 2024

‘Source of terror’

ALTHOUGH dealing with the presence of terrorist groups in Afghanistan is a major political, security and strategic...
Chipping in
29 Mar, 2024

Chipping in

FEDERAL infrastructure development schemes are located in the provinces. Most such projects — for instance,...
Toxic emitters
29 Mar, 2024

Toxic emitters

IT is concerning to note that dozens of industries have been violating environmental laws in and around Islamabad....
Judiciary’s SOS
Updated 28 Mar, 2024

Judiciary’s SOS

The ball is now in CJP Isa’s court, and he will feel pressure to take action.
Data protection
28 Mar, 2024

Data protection

WHAT do we want? Data protection laws. When do we want them? Immediately. Without delay, if we are to prevent ...
Selling humans
28 Mar, 2024

Selling humans

HUMAN traders feed off economic distress; they peddle promises of a better life to the impoverished who, mired in...