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LHC Releases Nawaz Sharif Nephew Yousaf Abbas

LAHORE: Lahore High Court (LHC) on Tuesday granted bail to managing director at Sharif Group of Industries and former Prime Minister Nawaz Sharif’s nephew Yousaf Abbas in Chaudhry Sugar Mills case. 

While announcing the verdict on Yousaf’s bail plea, a two-member bench headed by Justice Ali Baqir Najfi directed the authorities to immediately release him.

In August 2019, a team of the National Accountability Bureau (NAB) had raided the house of Leader of Opposition in National Assembly and Pakistan Muslim League-Nawaz (PML-N) president Shehbaz Sharif to arrest his nephew.

On August 8, NAB team had detained Maryam Nawaz outside the Kot Lakhpat Jail in Lahore for skipping appearance in Chaudhry Sugar Mills due to meeting with her father and former Prime Minister Nawaz Sharif.

Maryam Nawaz was unable to provide the required details of foreign investment in sugar mills while she was also failed to satisfy the bureau regarding source of income for purchasing the shares. NAB has also claimed that three foreigners had transferred 11000 shares worth millions of rupees on Maryam Nawaz’s name.