The National Accountability Bureau (NAB) had filed the case, along with two others, on the Supreme Court's directives in the landmark Panamagate verdict a year ago which disqualified Sharif, the three-time prime minister.
Earlier in the day, Accountability Court-I had sentenced Nawaz to a total of 11 years in prison and slapped a £8 million fine (Rs1.3 billion) in the Avenfield properties reference, while his daughter Maryam was sentenced to eight years with a £2 million fine (Rs335 million). Maryam's husband Captain Safdar has been given 1 year jail.
Sharif resigned as Pakistan prime minister past year after the Supreme Court disqualified him from holding public office and ruled that graft cases be filed against the beleaguered leader and his children over the Panama Papers scandal. Sharif and his daughter are in London, where Sharif's wife Begum Kulsoom is undergoing treatment.
On June 14, both Sharif and his daughter left for the United Kingdom after they were granted a brief exemption from the ongoing trial. According to National Accountability Bureau (NAB) court, Sharif family failed to show proper money trail behind purchase of such high-valued apartments. He denies drawing the monthly salary.
"We reject this decision", his brother Shahbaz Sharif, who is leading the PML-N into Pakistan's second ever democratic transition of power, told a televised press conference in Lahore shortly after the verdict.
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Pakistan's military, which has ruled the nuclear-armed country for nearly half its history, denies involvement in civilian politics.
1993 - Removed as prime minister by Pakistan's president. After the coup, he was convicted of corruption and given a life sentence for hijacking over an incident when he ordered Musharraf's plane not to land in Islamabad.
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She further said that it was positive that there is one political leader who is steadfast in his resolve to protect the sanctity of the vote.
2008 - Loses election to the party of Benazir Bhutto, who was assassinated ahead of the polls.
1990 - Elected prime minister for the first time.
Imran also lamented the lodging of several cases against him in a bid to silence his struggle in exposing the Sharif family's corruption.
"The biggest looters should go to jail, not to assemblies", he said calling on others to offer prayers of gratitude.
November 2, 2016 - Pakistan Supreme Court agrees to set up a judicial commission to probe corruption allegations against Sharif, stemming from Panama Papers leaks.
The Supreme Court disqualified him as not being truthful in his tax returns by not showing a salary as board of chairman of a Dubai-based company.
The proceeding in the Avenfield reference began in September and the accountability court indicted Nawaz, Maryam and Safdar on October 19.