A three-member Supreme Court bench dismissed on Friday National Accountability Bureau (NAB)’s appeal to reopen the Hudaibiya Paper Mills case.
The bench is headed by Justice Mushir Alam and comprised Justices Qazi Faez Isa and Mazhar Alam Miankhel announced its judgment today.
The Rs1.2 billion Hudaibiya Paper Mills case, involving money laundering charges against the Sharif family, was initiated by NAB in 2000 but quashed by the Lahore High Court (LHC) in 2014. The NAB had appealed the LHC decision in the Supreme Court.
At the previous hearing, the bench asked NAB prosecutor to convince it of delay in the filing of the appeal for reopening of the Hudaibiya Paper Mills reference.
NAB deputy prosecutor Imranul Haq read out the findings of the Panama Joint Investigation Team (JIT) about the Hudaibiya reference and said it had recommended that Hudaibiya was the case of further inquiry.
He said the money trail behind the Sharifs’ overseas properties was linked with the mills.
