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Ittefaq Group

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2015

    Accountability case ends with acquittals

    The Rawalpindi accountability court acquitted Nawaz Sharif, Shehbaz Sharif and other family members, declined to reopen the investigation and recorded that the banking dispute had been resolved.

  2. 2012

    Reported wider family-bank liabilities

    NAB informed the Lahore High Court that the Sharif family had outstanding obligations involving multiple banks. The figures formed part of the continuing legal and financial dispute surrounding the family’s industrial businesses.

  3. 2000

    Ittefaq Foundries loan-default reference

    The National Accountability Bureau filed a reference against members of the Sharif family and other individuals over alleged failure to repay loans owed to the National Bank of Pakistan. The matter continued through several court proceedings and was connected with claims about expanded credit facilities, collateral and recovery of bank liabilities.