Chief Editor: Ansar Mahmood Bhatti

Recovery of Rs9-10b is expected after Eidul Azha: Shahzad Akbar

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ISLAMABAD, AUG 07 (DNA) – Special Assistant to Prime Minister on Accountability Barrister Shahzad Akbar on Wednesday claimed that a recovery of around Rs9-10 billion is expected after Eidul Azha.

Addressing a press conference in Islamabad on Wednesday, he said that incarcerated former prime minister Nawaz Sharif received US$15 million loan in Bahrain and got subsidy through offshore company, adding that the sugar mill was built before the money was transferred to Pakistan.

The special assistant said that machinery for the sugar mill had to be bought with the debt money.

Shahzad Akbar went on to say that the Qazi family was used for money laundering who have already confessed through an affidavit. He further revealed that a recovery of around Rs9-10 billion is expected after Eidul Azha.

The special assistant said that the whole Sharif family is a shareholder in Chaudhry Sugar Mills, adding that if they have money trail they should hand it over to the National Accountability Bureau (NAB).=DNA

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