'NAB given evidence of telegraphic transfers to Maryam's account from Hill Metal Establishment'

Published August 2, 2019
Special Assistant to the Prime Minister on Accountability Shahzad Akbar addressing a press conference on Friday. — DawnNewsTV
Special Assistant to the Prime Minister on Accountability Shahzad Akbar addressing a press conference on Friday. — DawnNewsTV

Special Assistant to the Prime Minister on Accountability Shahzad Akbar on Friday said he had written to the National Accountability Bureau (NAB) with evidence of several telegraphic transfers (TTs) from Hill Metal Establishment (HME) in Saudi Arabia to PML-N leader Maryam Nawaz.

While addressing a press conference, Akbar also shared some documents which he said detailed the transfers from HME to the PML-N vice president.

At the start of the press conference, Akbar alleged that over 85 per cent of the declared profit of Hill Metal Establishment went to former prime minister Nawaz Sharif, of which a share was "gifted" to his daughter Maryam.

Akbar recalled that Nawaz and his sons, Hussain Nawaz and Hassan Nawaz, had been accused in the Al-Azizia/Hill Metal Establishment reference, and that Nawaz had been given a seven-year sentence in the case.

Read: Nawaz Sharif handed 7 years in Al-Azizia reference, taken to Adiala jail

The reference pertained to the Sharifs being unable to justify the source of funds provided to set up Al-Azizia Steel Mills and Hill Metal Establishment (HME) in Saudi Arabia.

While addressing the press conference today, Akbar said that an important factor that was as yet unexplored in this reference was that payments were made to Maryam by HME. He said that a Joint Investigation Team (JIT) investigating the case had identified some payments made to Maryam, but the details of those had not been available earlier.

"Now they are available," he said, as he began to share documents which allegedly showed TTs from HME to Maryam's accounts.

He said that these included the 'Form R', in which the beneficiary takes ownership that the money being transferred is in their knowledge and is coming for a specified purpose.

The special assistant to the premier said that this included a TT of Rs14 million to Maryam's MCB account in 2008, in which the purpose specified was 'investment'; another TT for Rs19 million and one more in 2016 of Rs9.9 million from HME to her Habib Bank account in the bank's Jati Umrah Sharif Education City branch.

After disclosing details of the transfers, Akbar said he had written to NAB and attached the 'evidence' to it.

Akbar said NAB may not have seen this "additional documentary evidence" before, adding that the authority could determine if there was a need for further investigation or probe into the matter.

"Any next step has to be taken by NAB, [we] have shared evidence with them and hope that they will further investigate it," he said.

Opinion

Is it child abuse?
24 Sep 2021

Is it child abuse?

The SNC’s language mix doesn’t address our children’s emotional needs.
The gathering storm
Updated 24 Sep 2021

The gathering storm

The growing US-China rivalry has transformed the geopolitical scene, in particular the Asian strategic landscape.
New realities and challenges
Updated 23 Sep 2021

New realities and challenges

Will the Afghan Taliban entrust to the UN the responsibility of receiving and disbursing all aid?

Editorial

24 Sep 2021

Costs of growth

IS Pakistan’s growth party over? Not yet. But both the State Bank and government are now cutting down on the items...
Smear campaign
Updated 24 Sep 2021

Smear campaign

It is commendable that the government has taken the matter as seriously as it has, and delved deep into cyber investigations.
24 Sep 2021

Rising dengue cases

THE dengue monster is once again rearing its head in different cities of Punjab. More than 820 cases have surfaced ...
Dialogue, at last
Updated 23 Sep 2021

Dialogue, at last

The govt has attempted to make the ECP controversial at a time when its input is critical for the poll reforms
AUKUS controversy
Updated 23 Sep 2021

AUKUS controversy

Instead of flexing its military muscle, the Western bloc needs to engage China at the negotiating table.
Provocative act
Updated 23 Sep 2021

Provocative act

Afghan Taliban flags have been found hoisted at Jamia Hafsa seminary three times since Aug 21.