BR100 Increased By (1.77%)
BR30 Increased By (1.96%)
KSE100 Increased By (1.59%)
KSE30 Increased By (1.65%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.51 Decreased By ▼ -1.71 (-2.79%)
BOP 34.61 Increased By ▲ 0.93 (2.76%)
CNERGY 8.08 No Change ▼ 0.00 (0%)
DCL 12.05 Increased By ▲ 0.41 (3.52%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.52 Decreased By ▼ -0.11 (-1.95%)
FFL 18.05 Increased By ▲ 0.04 (0.22%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.07 Increased By ▲ 0.03 (0.27%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.88 Increased By ▲ 0.15 (2.62%)
MLCF 90.52 Increased By ▲ 4.01 (4.64%)
NBP 190.17 Increased By ▲ 5.87 (3.19%)
PACE 11.53 Decreased By ▼ -0.12 (-1.03%)
PAEL 41.07 Increased By ▲ 1.11 (2.78%)
PIAHCLA 25.84 Increased By ▲ 0.17 (0.66%)
PIBTL 17.51 Increased By ▲ 0.24 (1.39%)
PPL 225.84 Increased By ▲ 3.17 (1.42%)
PRL 34.63 Increased By ▲ 0.17 (0.49%)
PTC 64.62 Increased By ▲ 0.88 (1.38%)
SEARL 91.38 Increased By ▲ 0.92 (1.02%)
SSGC 26.97 Increased By ▲ 0.30 (1.12%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.16 Increased By ▲ 0.69 (1.01%)
TPLP 10.90 Decreased By ▼ -0.30 (-2.68%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.78 Decreased By ▼ -0.81 (-1.15%)
WAVES 11.16 Increased By ▲ 0.05 (0.45%)
WTL 1.27 No Change ▼ 0.00 (0%)
Top News

Sharif family took loan on foreign currency accounts: Attorney General

Published February 22, 2017 Updated February 22, 2017 08:13am

imageISLAMABAD: The Attorney General Ashtar Ausaf Ali informed the Supreme Court that the Sharif family took loan on foreign currency accounts, during the resumed hearing by a SC five-member larger bench of the Panama Leaks case on Wednesday.

The Attorney General continues with his deliberation. At the close of the hearing on Tuesday, the court had asked the Attorney General to complete his deliberations today (Wednesday). Justice Asif Saeed Khosa also said that the court wants to complete the hearing of the case at the earliest and it would not accept any more documents though opportunity for rebuttal would be provided.

Attorney General Ashtar Ausaf continued his arguments in the court today. He said that he had taken a look at the records and concluded that the Sharif family took loan on foreign currency accounts.

To this, Justice Azmat Saeed remarked that the court had been told that investments had been made with the Qatar Prince, and no foreign currency account had been mentioned. He asked the Attorney General to assist the court and not become party to the case.

The Attorney General continued that the Hudaibiya Paper Mill case should be kept separate from the Panama Paper case.

To this, Justice Azmat Saeed said that if the Hudaibiya Paper Mill case was not based on facts, why was he trying to avoid it? He added that the NAB had proven to be a dead organization yesterday.

Justice Khosa in a remark yesterday said that the hearing of the case would most probably be completed by Thursday.

Chairman NAB Qamar-uz-Zaman and Chairman FBR Muhammad Irshad deposed and recorded their statements.

Copyright Business Recorder, 2017

Comments

Comments are closed for this article.