AC Issues Detailed Verdict of Flagship Reference

The accountability court on Sunday has released the detailed verdict in Flagship Investment reference case, comprising of on 80 pages, against Nawaz Sharif in which the former prime minister had been acquitted.

Judge Mohammad Arshad Malik signed the 80-page verdict in the National Accountability Bureau’s (NAB) corruption reference.

In the verdict, Judge Mohammad Arshad Malik said that the NAB could not establish former prime minister Nawaz Sharif’s relationship with 16 companies in the corruption reference.
However, announcing the verdict in the Al-Azizia/Hill Metal Establishment (HME) case, the judge convicted Nawaz Sharif and awarded him seven years’ imprisonment and fined him as well.

The defence counsel may apply for an attested copy of the judgment on Monday.

On December 24, Nawaz Sharif had given seven years of jail time in Al-Azizia Reference Case. Although, Accountability Court has acquitted Nawaz Sharif in Flagship Investment Reference.

According to details, Nawaz Sharif has been jailed for seven years by the Accountability Court and also fined Rs. 1.5 Billion in Al-Azizia Steel Mills Case.