چوھدری شوگر مل کیس کے حقائق
What is Ch Sugar Mills Case
1. Ch Sugar Mill was established in 1991 when NS became PM with equity of Rs 150 m, by Nawaz Shahbaz n Abbas ( sons of Mian Sharif ). Shahbaz assets case is already in court so he is not accused in CSML. Abbas died in 2013۔
2۔Nawaz Sharif family invested 50 m in CSML whereas their total declared income was Rs 2 m in 1991 , thus , unexplained money Rs 48 m. Maryam Hassan Hussain Kulsoom wr shareholders / CEO.
3. Then in October 1999 ( just before NS ouster by Musharraf) , $ 6 remittance landed in CSML account at Bank Alfalah LDA Plaza Br LHR , amount shown to be remitted by one Saeed Alswedi from KSA, 10 m shares issued in his name in CSML.
4. In 2008 10 m Shares of CSML earlier shown to hv bn issued to Saeed Alswedi were transferee to Maryam Nawaz , without payment of any consideration . Thus it proved that amount of $ 6 m remitted actually belonged to Nawaz Sharif / Maryam as they became beneficiary of 10 m share.
5. Nawaz n Maryam thus laundered thier black money by falsely showing it as investment by Saeed Alswedi , issued shares in his name , and after 8 years got transferred shares back to thier named without paying any money.
6. Saeed Alswedi has revealed in NAB inquiry that amount was invested by Hussain Nawaz in his business which he returned back on demand , he never bought any shares in CSML, his name was fraudulently used as investor.
7. In 2010 another similar incident took place when TT of $ 5 m landed in CSML account , shares issued in the name of Naser Abudullah Lootah a UAE National .
8. Naser Abdullah joined NAB inquiry also appeared before a magistrate in Islamabad in 2019 and denied any investment / purchase of shares , he stated he actually returned the amount of Nawaz Sharif which was earlier invested with him by Sharif family .
9. Naser Abdullah statement is substantiated by the fact that shares issued in his name were later transferred to Hussain Nawaz without any consideration and then shared further transferred to Nawaz Sharif in 2015 when he was PM.
10. So the modus operandi was to transfer the unexplained money lying in UAE to Pakistan by falsely showing it as investment by foreigners to justify the TTs. Issue CSML shares in the name of So called investors without their knowledge .
11. Then get those shares transferred back to Sharif family members after few years . Remember no dividend was ever paid to fake investors . From 2008 to 2017 Maryam n Nawaz Sharif remained major shareholders in CSML.
12. NAB inquiring the matter on charges of assets beyond means and money laundering . Classical case of money laundering . Sufficient material collected by NAB as per reports submitted in.
