‘If the property belonged to Qatar then there was no question of money transfer’, SC


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ISLAMABAD: Supreme Court on Monday resumed hearing of Panama Leaks case, Aaj News reported. 

A five-member larger bench headed by Justice Asif Saeed Khosa heard the case.

During the course of proceedings on Monday, the bench noted that the case is one of its own kind, therefore, it is totally examining the nature of all aspects. The bench said that the decision will be taken in accordance with the spirit of law and constitution. It said our objective is to reach the whole truth of the matter.

Pakistan Tehreek-e-Insaf’’s (PTI) Counsel Naeem Bukhari today continued his arguments. Bukhari presented evidence over beneficial ownership of the London Flats.

Bukhari said that Hussain Nawaz had gifted Rs810 million to Nawaz Sharif however no tax had been paid on the amount. When Hussain Nawaz moved abroad his NTN became dysfunctional, he added.

Justice Azmat Saeed remarked that one needs an NTN to exchange gifts. The court added that proof for exchange of gifts may be demanded.

Mr. Bukhari contended before the court that Maryam and Hussain Nawaz were directors of the Hudaibiya Papers Mills in 1997.

However, Justice Gulzar Ahmed remarked that pertinent question relates to 12 million dirhams.

Bukhari argued that it would be difficult to proceed with the case without finding out undisclosed income sources of Hussain Nawaz. The Federal Bureau of Revenue (FBR) should have asked Nawaz Sharif what business his son did, he added.

Justice Gulzar said that if transactions are done through the bank then there is no objection.

Justice Asif Saeed Khosa remarked that if the property belonged to Qatar then there was no question of money transfer.

Justice Azmat Saeed said that the Sharifs had declared offshore companies in 2006.

The bench confronted the counsel for raising new issues and questions but not taking them to logical conclusion.

Later, the hearing was adjourned till January 10 (Tuesday).