The National Accountability Bureau (NAB) Thursday objected to the candidature of Shahbaz Sharif in the upcoming general elections over alleged scam of Hudaibiya Paper Mills.
The Pakistan Muslim League-Nawaz (PML-N) Punjab president and the former chief minister, along with his brother PML-N chief Nawaz Sharif, is the main accused in the Rs3,486 million loan default case.
They have been accused of accumulating money and assets beyond their declared means of income by misusing authority. The case was filed with the Attock NAB Court on March 27, 2000.
Abbas Sharif, Hussain Nawaz, Hamza Shahbaz, Shamim Akhtar, Sabiha Abbas, Maryam Safdar and Ishaq Dar are other accused in the case.
The bureau has conveyed its recommendations to the election commission in this regard. The former CM was set to contest polls from two constituencies in Lahore and one in Mianwali.
The NAB had set up election cells to help the election commission in the scrutiny of candidates for the May 11 elections. The decision to establish the cells was taken at a meeting held on Feb 20.
The meeting, presided over by Chief Election Commissioner (CEC) Fakharuddin G. Ebrahim, was attended by heads of NAB, Federal Bureau of Revenue (FBR), State Bank of Pakistan (SBP) and National Database Registration Authority (Nadra).