Board of Revenue (BoR) has been ordered by a revenue judge on Tuesday (today) to stop the scheduled auction of the property of former Prime Minister Nawaz Sharif.
Nephew of Nawaz Sharif, Aziz Abbas pleaded in the court to stop the auction.
As per the media sources, the revenue judge has ordered to delay the November 19 scheduled auction till December 15.
Yesterday, Accountability Court ordered to auction off the agricultural land owned by former Prime Minister Nawaz Sharif to recover the £8 million fine imposed by the National Accountability Bureau (NAB).
There is agricultural land in Jati Umrah, Lahore in the name of Nawaz Sharif. The Federal Board of Revenue (FBR) was all set to auction the land after the orders of the Accountability Court.
A notification about the auction was also posted at the Jati Umrah residency of Nawaz Sharif.
The founder of the Pakistan Muslim League – Nawaz (PML-N) was considered as the absconder from the cases. That’s why the orders were given to auction the property so that the imposed fine by NAB can be recovered.
Anyone can participate and bid in the auction for the property.
However, the scheduled auction has been postponed till December 15.