RAWALPINDI – The Accountability Court No 4 on Saturday deferred the hearing in three corruption references filed by the National Accountability Bureau (NAB) against the Sharif brothers after the counsel for PML- N President Mian Nawaz Sharif argued that the Lahore High Court (LHC) had barred the trial court from proceeding against his client in the matter.
The court was to consider an application filed by NAB, seeking reopening of the three corruption references, including Hudabia Papers Mill, Ittefaq Foundries and Raiwind assets initiated in the year 2000 and pending adjudication since the Sharif brothers left country after October 1999 military takeover.
The two associates of Khawaja Haris Ahmed Advocate, representing Sharif brothers and their family members, argued the LHC Rawalpindi Bench had clarified in its October 2011 verdict that the NAB and the trial court had been stopped from initiating with the references as long as the petition seeking annulment of the cases was decided by the high court.
Earlier, the NAB special prosecutor in the application had maintained that the LHC had only stopped the bureau from further investigating the case and the trial court could reopen the references.
Besides Nawaz Sharif, the other co-accused in the Hudabia Paper Mills case are Punjab Chief Minister Mian Shahbaz Sharif, Mian Abbas Sharif, Hussain Nawaz, Hamza Shahbaz, Haroon Pasha and Senator Ishaq Dar.
They are facing the law suit for securing amount as loan in the name of Hudabia Paper Mills and later pocketed it, inflicting a huge loss to the national kitty.
In the Ittefaq Foundries corruption reference, Nawaz Sharif, Abbas Sharif, Mukhtar Hassan, Kamal Qureshi and a couple of other persons were accused of securing millions of rupees in loans, followed by a default.
Nawaz and Shahbaz besides their late father late Mian Sharif, mother Shamim Akhtar and other family members are the accused in the Raiwind assets reference.