JIT proves Maryam Nawaz OWNER of offshore companies

Laverne Mann
July 11, 2017

Although Mr. Sharif had won a 3-2 split verdict in April this year, the apex court constituted a JIT to conduct fresh investigations into his family assets.

The Prime Minister has been denying any wrongdoing since his name appeared in Panama Papers past year.

Minister for Planning, Development and Reforms and senior PML-N leader Ahsan Iqbal on Monday termed the Joint Investigation Team's (JIT) final report as garbage and said the ruling party rejects it. We say so as the Supreme Court will not only thoroughly look into the JIT reports but also hear reservations raised by the affected party.

"The financial structure and health of the companies in Pakistan having linkages to the Respondents also do not substantiate the wealth of Respondents", added the document. "Our legal team is reviewing the report and will submit its arguments in the apex court".

Officials said directives were issued from the PM's house to the law enforcement agencies to beef up security in Islamabad during appearances of the Sharif family members.

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It also highlighted "irregular movement" of huge sums of money in the form "loans and gifts" between Sharif and his youngest son from various companies set up in Saudi Arabia, the United Kingdom and the UAE.

The six-member JIT was set up in May by the Supreme Court with the mandate to probe the Sharif family for allegedly failing to provide the trail of money used to buy properties in London in 1990s.

Meanwhile, Fawad Chaudhry, a spokesman for opposition leader Imran Khan's Pakistan Taherik-e-Insaf, claimed on Monday that the days of Sharif's government were numbered and that the Supreme Court is expected to announce some sort of decision based on the findings next week. In the report submitted by JIT, it has been stated that Securities and Exchange Commission of Pakistan chairman Zafar Hijazi was involved in tampering records in order to favor Sharif's family.

The JIT panel interrogated seven members of the Sharif family, including the Pakistan PM. Others who were quizzed were Sharif's daughter Maryam Nawaz and her husband Muhammad Safdar Awan, Punjab chief minister Shahbaz Sharif and finance minister Ishaq Dar, who is related to the Sharif family through marriage.

Other reports by MaliBehiribAe

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