LAHORE: An accountability court docket on Monday permitted the closure of the investigation by the Nationwide Accountability Bureau (NAB) within the Chaudhry Sugar Mills case towards Punjab Chief Minister Maryam Nawaz and her father, former prime minister Nawaz Sharif.
The case Pertains to alleged cash laundering and earnings past means by way of “doubtful” enterprise transactions of the Chaudhry Sugar Mills, of which Maryam was a significant shareholder.
Decide Rana Arif introduced the choice to shut the investigation on a plea filed by NAB-Lahore.
Final week, the court docket sought arguments from the counsel for Maryam and Nawaz on an software submitted by the anti-graft physique for the closure of the investigation within the case.
Decide Arif noticed that the NAB’s transfer to shut the Chaudhry Sugar Mills investigation was in accordance with the regulation.
He additional famous that Maryam might additionally withdraw her surety bond of Rs70 million furnished towards post-arrest bail granted to her within the case.
Earlier, NAB and the Punjab CM’s legal professionals concluded their arguments earlier than the court docket.
In its software, the NAB said that the Lahore Excessive Court docket had directed the bureau to position a termination report earlier than the accountability court docket to shut the investigation, as required by regulation.
The LHC order was handed on an software of the Punjab CM, in search of a refund of Rs70m deposited as a assure for post-arrest bail within the sugar mills case.
A NAB crew had arrested Maryam in reference to the case on August 8, 2019, from Kot Lakhpat jail on her weekly go to to her then-incarcerated father, alongside along with her daughter and cousin Yousaf Abbas.
On November 4, 2019, the LHC granted Maryam bail within the sugar mills case, topic to surrendering her passport to the court docket. She was additionally ordered to deposit Rs70 million with the judicial registrar.
Later in October 2022, a full bench of the LHC returned her passport after the NAB mentioned it not required the journey doc.
