Panama verdict : Pakistan Supreme Court orders formation of JIT to probe PM Nawaz Sharif
Islamabad, Apr 20 (IBNS) : In a temporary relief for Pakistan Prime Minister Nawaz Sharif, the country's Supreme Court on Thursday ordered further investigation into the Panama Papers Leak case that implicated the leader and his family in a money trail regarding Qatari investment, Daily Pakistan said.
Stating that the Chairman of NAB was unable to perform his duties, the judges ordered formation of Joint Investigation Team (JIT).
The JIT would report to the court after every two weeks.
Three of the judges agreed to the judgement passed out by apex court whereas two judges had a dissenting opinion.
The judgement was announced by a five-member bench headed by Justice Asif Saeed Khosa and comprising Justice Ejaz Afzal Khan, Justice Gulzar Ahmed, Justice Sheikh Azmat Saeed and Justice Ejaz ul Ahsan.
The issue of Panama Leaks came to light on April 4, 2016, as part of a massive leak of secret files from a Panamanian law firm that specialises in setting up offshore companies. A trove of 11.5 million digital records from the Panamanian law firm Mossack Fonseca last year revealed how world’s wealthy used offshore companies to stash assets.
According to the Panama Papers, three of Nawaz Sharif’s four children – Maryam, Hasan and Hussain – were owners of offshore companies and “were owners or had the right to authorise transactions for several companies.” but the Sharif family has dismissed the allegations of money laundering and denied any wrongdoing.
Top Headlines
-
News
India, China have completed disengagement: Reports
October 31, 2024
-
News
Uzbekistan parties supporting President Mirziyoyev win parliamentary elections as country undergoes reforms
October 29, 2024
-
News
Sanction Indian diplomats, ban RSS: anti-India Canadian leader Jagmeet Singh goes ballistic
October 16, 2024
-
News
Hezbollah drone attack on military base kills four Israeli soldiers
October 14, 2024
-
News
Trudeau govt's vote bank politics: India toughens stand against Canada after latest tirade over Nijjar killing
October 14, 2024
-
News
Lawrence Bishnoi gang, which claimed responsibility for Baba Siddique's murder, sends Salman Khan a message
October 14, 2024
-
News
RG Kar: Bengal junior doctors to hold protest march to Raj Bhavan on 10th day of hunger strike today
October 14, 2024
-
News
Tamil Nadu derailment: 19 injured in Darbhanga Bagmati Express collision with goods train, 13 coaches jump track
October 12, 2024
-
News
Distasteful and disgraceful: Amit Shah on Mallikarjun Kharge's 'won't die till Modi is removed from power' remark
September 30, 2024
-
News
Keep Gods away from politics: Supreme Court slams Andhra govt over Tirupati laddoo row
September 30, 2024