Jul 102017
 
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Important highlights of JIT report :

1. Reference against Prime Minister and all children is advised to be started in NAB

2. Maryam Nawaz is beneficial owner of Nilson and Nescol Limited

3. Nawaz Sharif, Hussain Nawaz, Hassan Nawaz and Maryam Nawaz are found guilty.

4. Sharif family had not provided any sufficient documents to clear themselves

5. Nawaz Sharif is owner of complete business group which he has not declared in Tax returns.

6. Sharif family provided fake documents to JIT

7. Maryam, Hassan, Hussain & Nawaz Sharif found guilty: JIT Report

The most powerful, and perhaps, most controversial joint investigation team (JIT) in the country’s history will submit its final report on alleged money laundering by the family of Prime Minister Nawaz Sharif to the Supreme Court today (Monday).

Besides other evidence, the report will consist of the statements of PM Sharif; Punjab Chief Minister Shahbaz Sharif; the PM’s children Hussain, Hassan and Maryam Nawaz Sharif; son-in-law retired Captain Mohammad Safdar; PM’s cousin Tariq Shafi; friend Javed Kayani and Finance Minister Ishaq Dar, who is the father-in-law of the PM’s younger daughter.

The government, however, has already shown its hand, vowing not to accept the investigation report in the absence of the statement of former Qatari prime minister Sheikh Hamad bin Jassim bin Jaber Al-Thani, a key defence witness.

Qatari evidence

Since the JIT did not record the statement of the former Qatari prime minster, it is being assumed that the JIT will not consider the money trail provided by Hussain Nawaz, who was summoned by the JIT six times and examined for around 30 hours in all.

The leadership of the ruling Pakistan Muslim League-Nawaz (PML-N) is visibly unhappy with this development, and makes no secret of its disdain for the report, which does not include the statement of Sheikh Al-Thani. This message was clearly conveyed by four key cabinet ministers at a press conference on Saturday.

The JIT reportedly wrote to Sheikh Al-Thani thrice, and the former Qatari prime minster responded in writing. Sources said there were differences over the issue of jurisdiction; the JIT wanted him to testify him inside the territorial jurisdiction of Pakistan and offered to host him in Pakistan or record his statement at the Pakistani embassy at Doha.

Sheikh Al-Thani, on the other hand, believes that since he is not subject to Pakistani law, he may be deposed by the JIT at his palace.

NAB trail

The JIT also recorded the statements of three chairmen of the National Accountability Bureau (NAB), including the incumbent chief. It also recorded the statements of other officials from NAB, the Securities and Exchange Commission of Pakistan (SECP), Federal Board of Revenue (FBR), Federal Investigation Agency (FIA) and other institutions.

The JIT questioned the first NAB chairman, retired Lt Gen Syed Mohammad Amjad, under whom the bureau had filed three corruption references against the Sharif family.

He was also the NAB chief that pardoned Ishaq Dar, who was then an accused in the corruption references, but later turned approver.

SECP tampering

Separately, an FIA team investigating allegations of record tampering by the SECP has found its chairman, Zafarul Haq Hijazi, guilty of altering the records of Chaudhry Sugar Mills, owned by the Sharif family, and has recommended the registration of an FIR against him.

The FIA submitted the 28-page report to the apex court on Saturday, where it endorsed the JIT’s allegation of record-tampering against the SECP.

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