Maryam Nawaz gets clean chit in Chaudhry Sugar Mills case

ISLAMABAD: In a significant development, the Supreme Court of Pakistan has disposed of the National Accountability Bureau’s (NAB) appeal against Maryam Nawaz, Senior Vice President of the Pakistan Muslim League-Nawaz (PML-N), in the Chaudhry Sugar Mills case.

A distinguished three-member bench, headed by Chief Justice of Pakistan Umar Atta Bandial, convened Tuesday to hear the matter.

During the proceedings, NAB presented its written statement, asserting that due to a recent NAB amendment, the jurisdiction pertaining to this case no longer remains valid.

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In response, Chief Justice Umar Atta Bandial noted that the application was dismissed based on the appellant’s withdrawal.

The NAB prosecutor recommended that, for accuracy, the order sheet should reflect that the case has been “disposed of” instead of simply being “dismissed.”

Consequently, the court resolved the issue by acknowledging the appellant’s withdrawal of the appeal. The case revolved around allegations that the Sharif family engaged in money laundering and illicit share transfers through Chaudhry Sugar Mills.

The National Accountability Bureau (NAB) contended that the family obtained a $15 million loan ostensibly to establish the mill, despite its establishment predating the loan acquisition.

NAB further maintained that shares amounting to over Rs7 million were transferred to PML-N Vice President Maryam Nawaz Sharif in 2008, which were subsequently transferred to her cousin Yousaf Abbas Sharif in 2010.