Nawaz Sharif's property goes under the hammer in Sheikhupura.
LAHORE: Former prime minister Nawaz Sharif's seized agricultural land in Sheikhupura district went under the hammer on Thursday, a private TV channel reported.
As many as 88.4 kanals of agricultural land in Ferozwattoan was put up for auction after an accountability court allowed an application filed by the National Accountability Bureau (NAB), seeking directives for the authorities concerned to auction the attached properties of PML-N supremo Nawaz Sharif.
A trader, Mohammad Bota, made the highest bid of Rs10.1 million per acre for the land.
Bidding at the Sheikhupura municipal corporation opened at Rs70 million per acre. "Three people took part in the auction," Additional Deputy Commissioner Faisal Saleem said. "The highest bid was Rs 10.1 million per acre," he said. The total amount of about Rs 115 million will be deposited in the national exchequer after the approval of the accountability court.
On April 23, Accountability Court...
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