VOLUME 13 | N o 358 Lahore Regd No. CPI 251 INTERNATIONAL 6P11 SPORTS 6P10 Iran says ready to respond, but The Dhoni recalled to US aircraft India T20I squad carrier no threat An English Daily published simultaneously from Lahore and Faisalabad PAGES 12 | R s 20 Buwww.thsebusiiness.ncom.pk esRabi-ul-s Sani 17, 1440, Tuesday, December 25, 2018 g Convicted for 7N yearas in Awzizia, aacquittzed in Fblagsheip rehferencies,n finedd $25 m itlliohn, 1.5e millio nb Pounads rs again By Our Staff Correspondent said that there was no case against have committed the offence of corrup - quested that the PML-N quaid be shifted My conscience Flagship Nawaz in the Flagship reference. He was tion and corrupt practices if he or any of to Lahore's Kot Lakhpat Jail instead of n Accountability Court (AC) on indicted under Section 9(a)(v) of the Na - his dependents or benamidar owns, pos - Adiala Jail. The court has reserved its is clear, says reference: NAB Monday handed ousted prime tional Accountability Ordinance in the sesses, or has acquired right or title in verdict on the request and asked for minister Nawaz Sharif seven Al-Azizia reference. any assets or holds irrevocable power of Nawaz's medical reports. Nawaz to file appeal years in jail in the Al-Azizia Steel Mills Section 9(a)(v) says: "A holder of a attorney in respect of any assets or pecu - As Nawaz reached the Federal Judi - Acorruption reference, and acquitted him public office, or any other person, is said niary resources disproportionate to his cial Complex in Islamabad, PML-N By Our Staff Correspondent ISLAMABAD: Pakistan’s anti- in the Flagship Investments reference. to commit known sources of income, which he can - supporters gathered outside the premises graft body has decided to file an The court has ordered that his properties or to not reasonably account for, or maintains began stone pelting police and trying to ISLAMABAD: Ahead of the ac - appeal against the acquittal of for - C be seized. a standard of living beyond that force their way into the court complex. countability court's verdict which mer prime minister Nawaz Sharif The court also fined Nawaz $25 mil - which is commensurate with Police retaliated with tear gas shelling will decide the fate of former prime in Flagship reference case. M lion and 1.5m pounds, according to ini - his sources of income." and baton-charging the supporters. minister Nawaz Sharif in two cor - The decision has been taken in a Y tial reports. The short order said PML-N leader Ahsan Iqbal, spokesper - ruption references, the PML-N meeting chaired by NAB chairman The PML-N quaid was taken that the burden of proof son Marriyum Aurangzeb and veteran supreme leader said that his con - Justice (retd.) Javed Iqbal after K into custody in court and will be lies on Nawaz in the politician Javed Hashmi arrived at court science was clear. Sharif’s acquittal by an accounta - transported to jail shortly. Ar - Al-Azizia Steel today and were permitted to enter the Nawaz was speaking to party bility court on Monday. moured vehicles are standing Mills case. premises. Other leaders, including for - members on Monday at a farmhouse A NAB’s spokesman said that an by outside the premises to Nawaz's mer prime minister Shahid Khaqan Ab - in Islamabad, from where he is ex - appeal would be filed against the transport the former prime lawyer basi, were not allowed to enter. Nawaz, pected to head to the accountability decision. minister to prison, although it Khawaja who arrived in Islamabad from Lahore court to hear the verdict in the Al Judge Arshad Malik ruled that no is unclear whether he will be Haris re - on Sunday, visited a farmhouse this Azizia and Flagship Investment ref - evidence was presented against taken to Rawalpindi's Adiala morning where he offered sadqa. He erences. He also met his lawyer Sharif in the Flagship reference. Jail or Lahore's Kot Lakhpat met lawyer Khawaja Haris, Hamza Khawaja Haris at the farmhouse of The court, however, sentenced Jail. Shahbaz, Pervaiz Rasheed, Muham - Abbas Afridi, a PML-N leader and the former three-time prime minis - The verdict was announced ma d Zubair, Tallal Chaudhry, and Tariq former senator. Hamza Shahbaz is ter in Al-Azizia steels mill case and almost immediately after Fazal Chaudhry at the farmhouse, the among the party leaders who have handed him a fine of Rs1.5 billion. Nawaz arrived in the court - sources said. Security has been beefed gathered at the farmhouse to meet Nawaz acquitted on tech the PML-N supremo. room. He has the option to chal - up around the judicial complex, with grounds: Fawad lenge the verdict against him. heavy contingents of police and — shifted to Adiala before Information Minister Fawad Accountability Judge Ar - Rangers deplo yed around the transfer to Kot Lakhpat Chaudhry on Monday said that for - Former prime minister Nawaz shad Malik while read - building and along roads lead - mer Prime Minister had been ac - Sharif, who was sentenced to seven ing out the short ing to the court. quitted by an accountability court years in prison after being found order Although Section 144 in the Flagship Investment corrup - has been imposed in the guilty of corruption, has been taken to Adiala prison in Rawalpindi. tion case only on technical grounds. capital, the Islamabad Speaking to the media in Islamabad and Rawalpindi ad - An accountability court handed dead the jail term and a fine of hours after accountability court ministrations have sentenced Sharif to seven years in decided that there Rs1.5 billion in Al-Azizia Steel Mills corruption case. prison in the Al-Azizia corruption will be no blockade case, the information minister said at the entry points of Nawaz Sharif was inside the courtroom when the verdict was an - the court acquitted the PML-N the capital, and se - Quaid in the other corruption refer - curity officials will nounced. The former premier re - quested the court to send him to Kot ence because his sons were yet to only ensure strict appear before the court. —Online checking. Lakhpat jail instead of Adiala. Bilawal House's expenses paid via fake accounts: JIT Pakistan reiterates its support Zardari group, Omni, for Afghan peace process The Business Report ages for greater connectivity, enhanced trade and exploitation of huge untapped natural and human resources in the region. Bahria Town barred ISLAMABAD: Pakistan has reiterated its support for an Foreign Minister Qureshi said Afghanistan-Pakistan Action Afghan-owned and Afghan-led peace process in Afghanistan Plan for Peace and Solidarity is the most effective framework By Our Staff Correspondent Group owners, including Anwar Ma - "Who owns the Bilawal House in on Monday. that provides practical avenues to address all issues of mutual jeed who is one of the co-accused in the Lahore?" asked the judge. The commitment was expressed by Foreign Minister Shah interest. The Afghan leadership while appreciating Pakistan s ISLAMABAD: The Supreme Court case. "At first, it was a gift but the gift was Mahmood Qureshi in his talks with Afghan President Afghan constructive role in furthering Afghan peace process, agreed of Pakistan on Monday banned the "It seems that the haughtiness of later returned and half the payment was President Ashraf Ghani, Foreign Minister Salahuddin Rab - to undertake joint Steps for further strengthening of bilateral trading and transfers of the properties Omni Group's owners has not dimin - made to Bahria Town," the JIT head bani in Kabul on Monday. ties and agreed to expand cooperation and coordination of the Zardari Group, Bahria Town and ished," Justice Nisar remarked. "[They answered. "Does it means that this is a The Foreign Minister highlighted the need for greater syn - against terrorism. During the talks, the Foreign Minister was Omni Group which are mentioned in a have] embezzled the nation's billions troika of Bahria Group and Zardari ergy among regional countries to ensure long term peace and also accompanied by Foreign Secretary Tehmina Janjua and report submitted by the joint investiga - and are still misbehaving." Group?" the chief justice asked. stability, in particular strengthening closer and effective link - other high ranking officials. tion team (JIT) probing the fake bank Meanwhile, the JIT's findings linked "They switched companies and made accounts case. the fake bank accounts to Zardari, payments every time," the JIT rep said. PPP co-chairman Asif Ali Zardari’s claiming that the PPP co-chairperson's The chief justice pointed out that a ‘Govt serious legal team — led by Farooq H. Naek personal expenses were also paid payment of Rs15,000 for Bilawal's to make garment and Lateef Khosa — appeared before a through the accounts' funds. The report lunch was made by Omni Group. "This two-judge bench comprising Chief jus - stated that payments for the upkeep of is not a major payment ... maybe he industry vibrant’ Bilawal House's pets and (Bilawal) is a shareholder but then he for 28 sacrificial goats was should declare it." The JIT representa - LAHORE: Adviser to also made through the said tive apprised the court that Bahria Icon Prime Minister on commerce, fake bank accounts. The Tower in Karachi was erected illegally Textile, Industries, Produc - chief justice expressed his on government land, adding that the tion and Investments Abdul surprise at the finding, 60-story skyscraper also encroaches on Razak Dawood has said the saying: "The pet dogs' some of Bagh Ibne-Qasim's land. government is taking all nec - food and Rs2.7m payment PPP rejects JIT report essary measures to make the of sacrificial goats was The Pakistan People’s Party (PPP) value-added textile industry also made by Omni leadership on Monday rejected the joint competitive and vibrant in the Group?" investigation team’s (JIT) report pre - international market.