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Details about assets of Nawaz Sharif being confiscated

In the Tosha Khana reference, the accountability court has said in a written order that the assets of Nawaz Sharif declared in the reference of the accused Nawaz Sharif should be confiscated.

In a written order, ETO Lahore, Islamabad was directed to foreclose on vehicles, bank accounts, and a report on foreclosure of properties, vehicles and accounts should be submitted. The accountability court has directed to submit an implementation report by October 13.

The order said that 8 accounts including 3 foreign currencies in various banks of Nawaz Sharif are under collateral while 467,000 shares in Nawaz Sharif’s Muhammad Bakhsh Textile Mills and 48,606 shares in Ittefaq Textile Mills will be collateral.

Hudabia Paper accused Nawaz Sharif has 343,000 shares and Nawaz Sharif has 22,000 shares in Hudabia Engineering Company while he has Rs 612,000 in 5 bank accounts, 566 euros, 698 dollars, and 498 British pounds in foreign currency accounts.

According to the report, Nawaz Sharif owns 936 Kanals in Mouza Manak, 299 Kanals in Mouza Baduksani, Nawaz Sharif and his dependents have properties in Lahore, Sheikhupura, Murree, and Abbottabad while a 15 Kanal house in Bangla, Changla Gali Abbottabad in Murree.

The written order said that the names of Nawaz Sharif and his dependents include more than 1752 Kanals of agricultural land while he owns 2 tractors including a Land Cruiser, 2 Mercedes vehicles.

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