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Detailed Report:SC resumes Panama case hearing

February 15, 2017 16 No Comments


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ISLAMABAD: Supreme Court of Pakistan (SC) resumed the hearing of Panamagate Case against the children of Prime Minister Nawaz Sharif on Wednesday, ARY News reported.

The hearing of the case was adjourned due to unavailability of a bench member Justice Azmat Saeed Khosa on health grounds as he was rushed to a hospital in Rawalpindi due to cardiac issues.

In the previous hearing, the prosecutor of National Accountability Bureau (NAB) had submitted the minutes of the meeting that decided not to file an appeal against the court decision on Hudaibiya Paper Mills reference.

Justice Gulzar asked about the number of cases where the NAB not filed an appeal against the decision. The NAB prosecutor said that there are large number of cases in which appeals were not filed. He said that the appeal was not filed due to the unanimous decision of the judges.

Justice Ijaz Afzal observed that the NAB has filed appeals in many cases, which were decided by the bench unanimously.

Salman Akram Raja, the counsel of Hussain Nawaz, in his arguments said that the record of the sale proves that the Gulf factory was sold in 12 million Dirhams. “Who paid the bank arrears,” Justice Ijaz Afzal asked. The counsel said that the arrears might be paid with the profit of the factory.

In his arguments the counsel said that Mian Sharif had absolute control over the family business.

He said that Tariq Shafi did not manage the daily affairs of the Gulf factory as he was just a witness to payment of Rs. 12 million Dirhams to Al-Thani family for investment.

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