Pakistan Supreme Court resumes Panama Papers case hearing

Pakistan Supreme Court resumes Panama Papers case hearing

The depreciation of the Pakistani currency took place amid fears that Prime Minister Nawaz Sharif would be disqualified later this year over the legal wrangle related to the Panama Papers scandal.

Two of the six members of the court-mandated investigative team came from military bodies, including the feared Inter-Services Intelligence agency. JIT has also revealed that Nawaz Sharif being prime minister of a country did job in another country. The font used to create the deed - Calibri - only became commercially available in 2007, after the deed was allegedly signed.

But Sharif is a survivor and not known for sticking to the high moral ground as throughout his political career there have been conflicts of interest on several occasions but his businesses have continued to flourish.

On Monday, the Sharif family, in the objections submitted to the SC, termed the JIT report as "farce", "one-sided", "breach of due process", "illegal" and "inherently biased and unfair". In such a case, observers believe that he will announce a successor, possibly his brother Shahbaz Sharif, who is chief minister of Punjab, and let the government complete its five-year term rather than dissolving the national assembly.

Opening the arguments, Khawaja Harris highlighted the 13 questions assigned to the investigation team by the implementing bench to trace the money trail of Sharif family.

The report pointed out a categorical foul play on part of the Prime Minister, his children and other family members in their wealth details linked to offshore companies unearthed in Panama Papers.

Already, Sharif 's PML-N has rejected the findings of the joint investigation team (JIT).

Justice Sheikh Azmat Saeed said that the Court is not bound to accept the recommendations put forward by the JIT in its final report submitted on July 10.

Mr Ahmed said the ruling Pakistan Muslim League (Nawaz) was continually blaming the JIT, and if it does not stop then "I will request the apex court to summon Nawaz Sharif and let me argue". "The whole family has lied to the court". The judge further said that "We are telling you what the PM and his children stated before the JIT". "If a new history is to be made, I can not say, but there is not a single precedent".

Sharif explicitly dismissed the report for the first time on Thursday.

While PML-N leader Imran Khan hopes for immediate disqualification of Sharif under Article 62 and 63 of the Constitution - which pertains to parliamentarians found to be dishonest - the government hopes for a long legal battle.

The court has also assured that JIT is not investigating the case anymore. Of the case, Pakistan's military spokesman Major General Asif Ghafoor said in a tweet on April 8: "The army, like every Pakistani awaits a decision based on justice and merit".

As the political drama plays out, the only certainty is the unlikeliness of a simple conclusion.

Asif said that for making the country atomic power the government of Nawaz Sharif was removing under the global conspiracy; however instead of unconstitutionally end of two governments, Nawaz Sharif again came into power with heavy majority.



Related Posts

Lobbyist confirms he was at meeting With Donald Trump Jr. And Russians
Homeland said Veselnitskaya first got her immigration parole letter on September 25, 2015 and it was last used in February 2016. It offers the Russian government's version of events and claims that Magnitsky was not mistreated by Russian authorities.

Alfred Angelo issues statement regarding stores' sudden closures
The New York Attorney General's office also stepped in, telling brides to file formal complaints with their office . She added that she has been making plans for her wedding for the past two years, and has paid for everything.

Pierce gets a presidential thumbs up
The showcase featured products from all 50 states. "We're gonna stand up for our companies and maybe most importantly for our workers".

North Korea's nuclear genie is out of the bottle
North Korean leader Kim Jong Un testing intercontinental ballistic missiles - missiles that could potentially reach Alaska. It seems Kim Jong Un sends thousands of his citizens to Russian Federation to work and earns hard currency in exchange.

Wimbledon: Venus ends Konta's run, makes first final in 8 years
Venus' five championships at Wimbledon have come over Lindsay Davenport twice, Justine Henin, Marion Bartoli and Serena . Williams said she thinks Konta plays with "a very similar style" - which, coming from her, is certainly a compliment.

DiNardo and Kratz Charged with Murder in Missing Bucks Men
The Associated Press , citing a person with firsthand knowledge of his confession, reported the DiNardo had a co-conspirator. The other three bodies were found in 12 1/2-foot-deep common grave below an oil tank that had been converted into a cooker.

Venezuelans overwhelmingly reject Maduro's constitutional efforts
Opposition leaders said the lower number was the result of having to organize the balloting quickly and at limited locations. Venezuela's Opposition, invigorated by the voter support and the global reactions, clearly was keen to seize the moment.

Two Charged With Murder In Case Of 4 Missing In Pennsylvania
A friend of Meo said DiNardo sold guns and marijuana and had previously bragged about having someone killed over debt. Police say one man went missing Wednesday and three others on Friday.

China Says Imports From North Korea Fall as Sanctions Enforced
Importantly, the United States had Kim Jong Un in their crosshairs for over and hour, and they did nothing. North Korean traders in the country are banned from opening accounts at local Chinese banks.

Trump heads to his New Jersey golf course for US Women's Open
The American president noted that Bastille Day marks one year since a terrorist killed 86 people celebrating the holiday in Nice. First, there was yet another dramatic handshake , this one suggesting more of a sense of comity instead of animosity.

© 2015 Stocks News Daily. All Rights reserved.