Maryam Nawaz sent to jail on 14-days judicial remand in Chaudhry Sugar Mills case.

LAHORE -- An accountability court in Lahore on Wednesday sent Pakistan Muslim League-Nawaz (PML-N) Vice-President Maryam Nawaz Sharif and her cousin Yousaf Abbas Sharif to jail on 14-days judicial remand in the Chaudhry Sugar Mills case.

During the hearing, the court has rejected National Accountability Bureau's (NAB) plea to extend physical remand of the PML-N vice president and Yousaf Abbas.

During the court proceedings, heard by judge Chaudhry Ameer Muhammad Khan, NAB prosecutor Hafiz Asadullah Awan presented arguments. He said further investigation of the two was required in the Chaudhry Sugar Mills (CSM) case.

On August 8, Maryam and her cousin had been arrested by NAB in the CSM case. Since then, their physical remand has been repeatedly extended.

During Wednesday's proceedings, the NAB prosecutor said that during the investigation of the two they had found out about an agreement for the division of the family's assets.

He said shares valued at Rs14.558 million were divided between former premier Nawaz Sharif, Leader of the Opposition in the National Assembly Shahbaz Sharif, Abbas Sharif, Kausar and Shamim Begum.

During the investigation, a difference of shares worth Rs11.61m was identified.

According to the Securities and Exchange Commission of Pakistan (SECP) record for 2008, shares valued at Rs26.2 million belonged to the CSM, the prosecutor said, adding that the shares were not included in the Sharif family's assets.

Additionally, investigation officer Usman Ifthikar said that in 2008, Maryam's assets were not compatible with her income and in order to investigate assets and income they had summoned members of the Sharif family.

The NAB prosecutor said that in 1998, Maryam received revenue from Sadiqa Syed Mahmood via telegraph transfer and later transferred this income to CSM.

In 1999, he said, the suspect had received Rs160 million but there was no evident link between her and the woman who sent it. He added that the woman (Mahmood) had also paid CSM's debt.

During the proceedings, the court asked what Maryam's date of birth was, to which the investigative officer replied that she was born in 1973 but that he did not know the date of her birth. Maryam added that she was born on October 28.

The NAB prosecutor said that in 2015, CSM was shifted from Gojra to Rahim Yar Khan and Rs1.5 billion was spent on shifting the sugar mill. Awan said that the revenue spent on shifting CSM also needed to be assessed.

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