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The National Accountability Bureau’s (NAB) had recently filed the appeal to reopen the Rs 1.2 billion Hudaibya Paper Mills case, involving money laundering charges against the Sharif family. The case was launched in 2000 by former dictator Pervez Musharraf.
The NAB failed to convince the court why it took so long to challenge the high court verdict. The court after several days of hearing the case issued a short order and rejected the appeal to reopen the case. The top court’s decision is major relief for the Sharif family as it was feared that after his disqualification, his younger brother Shehbaz Sharif, who is the chief minister of Punjab province, could also face the similar fate if the case was reopened.
The case was based on a confessional statement of Sharif’s confidante and current Finance Minister Ishaq Dar who on April 25, 2000 admitted playing role in laundering money to the tune of 955.22₹million on behalf of the Sharifs through fictitious accounts.
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