LAHORE: An accountability court (AC) on Thursday ordered to seize the property of former Punjab chief minister Shehbaz Sharif’s son-in-law Ali Imran.
The orders of seizure came after Imran did not appear before the court in the Punjab public companies scam case despite repeated summons.
The accountability court had earlier declared him an absconder and ordered to bring him back through Interpol.
It is pertinent to mention here that Imran is accused of receiving bribe worth Rs130 million from the chief financial officer (CFO) of Punjab Power Development Company.
The Punjab government, under Shehbaz Sharif, had formed 56 companies and registered them under Article-42 of Companies Ordinance 1984. Deliberately turning a blind eye towards similar local companies operating in Pakistan, the Sharif-led Punjab government had awarded dozens of contracts to Turkish conglomerates on hefty paybacks.
Before formation of these companies, 113,970 employees were working in different departments across the province and the figure augmented to 157,500 following the arrival of Turkish corporations.
Rules were either disregarded or revoked while contracts were allegedly given on the basis of sheer nepotism, thus inflicting hefty losses to the provincial exchequer as CM Shehbaz issued mammoth Rs150 billion funds in this regard.