N rejects JIT's report on Panama Papers case submitted in SC

Pakistan PM faces pressure after damning corruption probe report

Talking to APP on Monday, he said the joint investigation team (JIT) probing the Panama Papers case had just submitted its report before the apex court, which had yet to go through it. Every contradiction will not only be contested but decimated in SC. 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.

Respondent 1 refers to Prime Minister Sharif; Respondent 6 was Maryam; Respondent 7 Hussain; while Respondent 8 was Hassan.

However, according to the Dawn, the JIT's report stated that the "financial structure and health of companies in Pakistan" linked to the Sharif family "do not substantiate" their wealth.

At one point the report refers to the "irregular movement" of cash gifts and loans from companies based in Saudi Arabia, the United Arab Emirates and Britain to Sharif, his son and companies linked to them.

The JIT also said that the Sharifs were unable to provide substantive evidence of a reliable money trail, used to buy expensive properties in London. If the court accepts the charges it could lead to Sharif's resignation or removal from power under the constitution. "Therefore, we are rejecting this report, terming it rubbish". "There are so many contradictions in this report anybody who reads it objectively will understand its true goal", he said. "We will demolish this report".

6 month long course on GST launched by Lucknow University
GST, he said, is an example of cooperative federalism as the centre and states together thrashed out the new law with consensus. It also includes the description of goods or services and the chapter heading of the Harmonised System of Nomenclature (HSN).

Khan, the chief of the Pakistan Tehreek-e-Insaf party, lauded the report as a vindication of his years-long campaign to unseat the prime minister.

Qatari Prince Hamad Bin Jassim bin Jaber al Thani is the prime defence of PM Nawaz Sharif in the case as the Prince has supported the Sharifs money trail through two separate letters. It also directed the counsel of both sides to appear in court on July 17 for the next hearing of the case.

The JIT also summoned National Bank of Pakistan CEO Saeed Ahmed, and some officials from the State Bank of Pakistan (SBP), among others.

Sharif, who has previously denied allegations of abusing his authority to enrich himself, has been under pressure since documents leaked in 2016 from a Panama-based law firm disclosed that his family had offshore accounts.

The top court took up the case in October previous year on petitions filed by Pakistan Tehreek-e-Insaf, Awami Muslim League and Jamaat-e-Islami and reserved the verdict in February after conducting hearings on a daily basis. Besides his three children, the panel questioned his daughter Maryam's husband Muhammad Safdar Awan, Punjab Chief Minister Shahbaz Sharif and Finance Minister Ishaq Dar, who is related to the Prime Minister's family through marriage. The PML (N) can raise its reservations through counsels before the apex court when provided with the time to present its stance.

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