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Toshakhana Reference: Court orders confiscation of Nawaz assets

Islamabad High Court issued written order to confiscate former Prime Minister Nawaz Sharif’s proven assets which include bank accounts, shares in companies, property, and cars under his name.

The court took after reviewing the NAB report on Nawaz Sharif’s assets submitted on October 2.

Nawaz has 467,950 shares in the Muhammad Bakhsh Textile Mills while in Hudaybia Paper Mills Nawaz Sharif owns 343,425 shares.

Sharif owns shares in Hudaybia Engineering Company which are 22,213 whereas in Ittefaq Textile Mills he has 48,606 shares.

Sharif has 566 Euros, 698 US dollars, and 498 sterling pounds in his foreign currency accounts.

Nawaz Sharif and his associates own 1752 Kanal land in Raiwand, as well as Moza Sultan he owns 103 and 312 Kanal land, respectively.

Nawaz also owns 3 cars and 2 tractors which will also to be confiscated.

Report by: The Truth International

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