NAB freezes Shehbaz Sharif’s family industries

LAHORE: The National Accountability Bureau (NAB) Lahore has decided to freeze industries belonging to the family of PML-N President Shehbaz Sharif in the assets beyond means case.
According to reports, the industries include Chiniot Power Limited, Ramzan Energy Limited, Al-Arabia Sugar Mills, Crystal Plastics Private Limited, Sharif Dairy Farms Private Limited and Sharif Poultry Farms Private Limited are ordered to be frozen in separate orders issued by the chief of NAB’s Lahore chapter on Monday.

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Shahzad Saleem DG ( NAB ) Lahore directed the authorities concerned including the Securities and Exchange Commission of Pakistan (SECP) to implement the orders with immediate effect.
Shehbaz Sharif, his sons Hamza  and Sulaiman Shehbaz and wife Nusrat Shehbaz will not be able to receive any benefit from the aforementioned industries following the anti-graft body’s move.
Members of the Sharif family and their financial advisers were also given the copies of the directives. In July, the anti-corruption watchdog had ordered to freeze all movable and immovable assets belonging to Shahbaz and his family members.

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