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Pak SC reserves ruling on Sharif

Pak SC reserves ruling on Sharif

Pakistan's Supreme Court on Thursday said Prime Minister Nawaz Sharif's children may face a jail term of up to seven years if it is proved that they submitted forged documents to the joint investigation team (JIT) probing the ruling family's offshore assets.

The records have been attested by Dubai authorities in which it is stated that the Sharif family sold 25pc of its Ahli Steel Mills shares on 14th April 1980.

Top official nabbed for forgery in graft case The chairman of Pakistan's financial regulator was arrested Friday, accused of forging documents in a corruption case against Prime Minister Nawaz Sharif that has gripped the country.

According to attorneys involved in the case, the court heard arguments from both the government and opposition after a court-ordered investigation found "significant disparity" between declared wealth and known sources of income of Sharif and his family.

Prime Minister Nawaz Sharif on Friday made a decision to accept whatever verdict the Supreme Court bench puts forward in the Panama Papers case.

Hussain Nawaz, while speaking to media blamed JIT once again for not including these documents in the report.




The three-member bench headed by Justice Ejaz Afzal and comprising Justice Sheikh Azmat Saeed and Justice Ijazul Ahsan did not immediately give any date to give its judgment.

Sharif, 67, has rejected all the allegations of corruption against him and his family. The judges had also expressed an inclination to make Volume X public.

Lower and higher courts in Pakistan came to a standstill yesterday as lawyers held protests demanding PM Nawaz Sharif's resignation. Sharif's lawyer Khawaja Harris said the JIT had overstepped its mandate given to it by the court and had based its findings on the documents, which were of no evidentiary value as per the laws of Pakistan. This raises questions since Saturday is normally an off day for offices in London.

Sharif has dismissed the JIT report as a "bundle of baseless allegations" and refused to quit.

During the hearing, Raja also submitted a 17-page petition listing objections on the JIT report, pleading for dismissal of the report and its "evidence".

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