NAB Summons Maryam Nawaz in Chaudhry Sugar Mills Case: In Pakistan, the National Accountability Bureau (NAB), Lahore on Wednesday called Chaudhry Sugar Mills case (Chaudhry) to the daughter of former Prime Minister Nawaz Sharif (Nawaz Sharif) and vice-president of PML-N (Pakistan Muslim League (N)) Maryam Nawaz. Sugar Mills case). Mariam has been asked to appear before the NAB on 26 March. Earlier, she had appeared before the NAB on August 11 last year. According to a NAB spokesman, the bureau has found new evidence related to Maryam. The spokesperson has said, “Maryam Nawaz should be investigated after getting new evidence.”
NAB arrested Maryam Nawaz and his cousin Yusuf Abbas (Yousaf Abbas) on 8 August in the same case. According to the NAB, the bureau received a report from the Financial Monitoring Unit (FMU) in January 2018. In which, under the Anti-Money Laundering Act, suspicious transactions in billions of rupees were made in relation to Chaudhary Sugar Mills. At that time the ruling party of the country was PML-N.
The investigation started in 2018
The NAB launched an investigation in October 2018 after receiving an FMU report and found that Nawaz Sharif, Maryam Nawaz, Shahbaz Sharif and his family, as well as Abbas Sharif (Abbas) Sharif) and his family are shareholders in a company (NAB Summons Maryam Nawaz in Chaudhry Sugar Mills Case). These shareholders also include people from the United Arab Emirates (UAE) and the UK. The investigation had revealed that huge investments were made in Chaudhary Sugar Mills from 2001 to 2017, in which billions of rupees were levied in the name of issuing shares to foreigners.
Shares transferred in their name
The interesting thing is that later these shares were transferred in the name of Maryam, Hussain and Naraj Sharif. In which no payment was made to foreign collaborators (NAB Summons Maryam Nawaz in Chaudhry Sugar Mills Case). According to a report, NAB had said that Maryam holds more than 12 million shares in Sugar Mills.