Qureshi had then pleaded to the court to adjourn the hearing till tomorrow as he recently underwent an open heart surgery and can not stand for more than two hours.
Justice Athar Minallah, while announcing the verdict, directed to release ex-prime minister Nawaz Sharif, his daughter Maryam Nawaz and son-in-law Captain (r) Safdar over surety bonds worth Rs0.5 million each until final decision on their pleas.
The Islamabad High Court suspended on Wednesday the jail sentences of former Pakistan Prime Minister Nawaz Sharif, his daughter and son-in-law in a corruption case, according to media reports.
The NAB was also pulled up by the Supreme Court on Monday when it rejected its petition challenging the IHC's decision to hear Sharifs' petitions against the Avenfield verdict.
Dozens of jubilant supporters chanted "Prime Minister Nawaz Sharif!" outside the court after the decision was announced.
The sentence and a fine of 8 million pounds, or $10.6 million, came nearly a year after Supreme Court removed Sharif from office and less than five months after the court barred him from holding office for life.
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"This is a triumph of justice", said Sharif ally and former Foreign Minister Khawaja Asif. The Accountability Court sentenced the imprisonment of 10, 7, and 1 year to Nawaz, Maryam, and Captain Safdar (retd) respectively.
Sharif was briefly released on parole earlier this month to attend the funeral of his wife, Kulsoom Nawaz, who died at a London hospital after a long battle with cancer.
Sharif was arrested on his return to the country in July this year.
He repeatedly called the cases against him politically motivated, suggesting collusion between the powerful military and the courts to destabilise his Pakistan Muslim League-Nawaz (PML-N) party and throw him out of power. Sharif faced two more cases before the anti-graft tribunal. An accountability court had found them guilty over his family's ownership of four luxury flats in London.
"Their supporters should not celebrate so much as they will likely have to go again to Adiala prison", Faisal said.
"If the court finally quashes Sharif's conviction, that will be a cause of concern for the new government", said Tauseef Ahmed, adding that "Sharif is still a popular leader and has the capability to mobilize masses".