LAHORE: The Lahore High Court (LHC) would announce its verdict on Maryam Nawaz’s bail plea in Chaudhry Sugar Mills case today (Monday).
Justice Ali Baqar Najafi headed the division bench that reserved the verdict on Oct 31.
During the hearing on bail plea, Maryam Nawaz’s counsel Amjad Pervez said the National Accountability Bureau (NAB) has been subjecting the petitioner to double jeopardy and invoking the laws retrospectively.
He argued that Maryam has never been an active shareholder of the CSM while her uncle and cousin have been looking after business affairs after the death of her grandfather Mian Sharif who had established the mill in 1991.
All properties, business concerns and companies of the Sharif family including the CSM have already been investigated by a Joint Investigation Team formed by the Supreme Court of Pakistan in the Panama Papers case, added the counsel.
The JIT has not approved a reference regarding the CSM or assets owned by Maryam, he further added.
On August 8, NAB had arrested Maryam along with her cousin Yousaf Abbas in the Chaudhry Sugar Mills case.
On Aug 23, sources within the anti-graft watchdog had claimed that the bureau will soon write to relevant banks and other institutions, asking them to freeze the movable and immovable assets owned by both the accused.
Later, on Sept 26, they were sent to jail on judicial remand.