IO issued notice for not filing report in Sharjeel's assets case.

KARACHI -- An accountability court on Saturday issued a show-cause notice to an investigating officer for failing to submit a compliance report regarding absconding suspects nominated in an alleged Rs2.27 billion assets accumulation reference filed against former provincial information minister Sharjeel Memon.

Memon, a former Pakistan Peoples Party minister, his mother Zeenat Inam Memon, wife Sadaf Sharjeel along with nine others have been booked in a second reference of alleged accumulation of assets worth over Rs2.27bn beyond their known sources of income.

On Saturday, the matter came up before administrative judge Farid Anwar Qazi when the NAB IO requested for more time to submit compliance report regarding execution of warrants for arrest of the absconding suspects, including the former minister's mother and wife.

Earlier, Sharjeel Memon and seven other suspects appeared on pre-arrest bail.

The IO informed that the arrest warrants could not be executed on the suspects and requested for more time to do the same.

The judge issued a show-cause notice to the IO to explain why compliance report had not been filed with the court and fixed the matter for Jan 4.

NAB filed a second reference nominating Memon's private secretary Izhar Hussain, a foreign exchange company's employee Mohammad Sohail, Saifullah Lohar, Subhan, Agha Ahsan, Shoukat Ali Thebo, Waseem Akhtar Thebo and Kamran Gul, as co-accused.

The watchdog claimed that an inquiry revealed that Sharjeel Memon during his tenure as member of the Sindh Assembly, provincial minister for information and archives, industries and commerce, local government and works and services had accumulated assets (after deduction of verified income) in his own name and in the names of his family members to the tune of Rs2,270,930,333 allegedly through illegal means with connivance of others.

The former...