The Lahore High Court has granted bail to Pakistan Former Prime Minister Nawaz Sharif in the Chaudhry Sugar Mill case on the grounds of his poor health.
Former #Pakistan PM #NawazSharif's condition dangerous: Doctor tells #Islamabad High Court, also noted that several tests needed to be conducted. #MaryamNawaz breaks into tears in Court Room pic.twitter.com/njt5rLYgYs— Ghulam Abbas Shah (@ghulamabbasshah) October 25, 2019
The National Accountability Bureau has alleged that the Sharif family laundered vast sums of money under the guise of sales and purchases of Chaudhry Sugar Mills Ltd shares.
As per local media, NAB prosecutor Hafiz Asadullah Awan, alleged in the court that the mill received Rs. 55.5 million from an unknown foreign bank account in 1992.
The anti-corruption watchdog added that Sharif and his family members were the most significant stakeholders in the mill at the time of the foreign money transfer into the account in question.
In December 2018, an anti-corruption court in Islamabad sentenced Sharif to a seven-year term for investments beyond his declared assets. Nawaz Sharif is the only Pakistani to be elected prime minister thrice and the chief minister of the largest province twice.
Nevertheless, Nawaz will remain in jail, as he is serving a seven-year jail term for another corruption case.
Former PM Nawaz Sharif will only be freed if he is granted bail in the Al Azizia case, currently being heard by the Islamabad High Court.