An accountability court in Lahore on Friday gave the nod to the National Accountability Bureau (NAB) to auction former prime minister Nawaz Sharif's properties in connection with two graft cases, Tribune reported.

The court told chairman of Securities and Exchange Commission of Pakistan (SECP) to sell Nawaz' shares, and directed the deputy commissioners of Lahore and Sheikhupura to auction off Nawaz’ properties within 60 days.

The court decreed that Nawaz' vehicles would be forfeited with the assistance of police and also auctioned within 30 days, while the money in the bank accounts of the Pakistan Muslim League-Nawaz (PML-N) supremo would be transferred to the national exchequer.

The court had earlier declared Nawaz an absconder.

The PML-N supreme leader has been in London since November, 2019, when he was given permission to fly abroad for medical treatment.

The Islamabad High Court (IHC) on December 2, 2020, declared Nawaz Sharif a proclaimed offender after he ignored all summonses and proclamations of the bench that was originally formed to hear appeals against his conviction in two graft cases, the report said.