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Published 24 Jul, 2019 06:48am

Nawaz’ nephew appears before NAB

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

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