Mayam Nawaz, Yousuf Abbasi further remanded in NAB’s custody

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LAHORE: An Accountability Court extended the physical remand of Maryam Nawaz and cousin Yousuf Abbasi on Wednesday for eight more days in Chaudhry Sugar Mills case.

During today’s hearing, a NAB Investigation Officer told the court that the Sharif family including Nawaz Sharif, Kulsoom Nawaz, Hussain Nawaz, Maryam Nawaz, among others had been part of the board of directors of the Chaudhry Sugar Mills.

The court learned that Maryam Nawaz remained chief executive of the Mills in 1992. Loan was also received from several companies for Chaudhry Sugar Mills.

NAB has approached the State Bank of Pakistan for the records and would require further remand of Maryam Nawaz and Yousuf Abbas, the official told the court.

Maryam’s lawyer Amjad Pervez opposed the request for further remand, contending that the investigation report contradicts the facts.

He said Mian Sharif Sharif transferred the properties to children between 1992 and 1999. He said his client was arrested on political grounds.

However, the court decided to further remand Maryam Nawaz and her cousin in the Bureau’s custody for eight days.

Maryam Nawaz was arrested on August 8 when she was in Kot Lakhpat jail to meet her father Nawaz Sharif where he  has been serving a jail term.