ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue has sought opinion from the Ministry of Law on Securities and Exchange Commission of Pakistan (SECP) Chairman Zafar Hijazi’s official position after the registration of FIR against him.
The Federal Investigation Agency (FIA) on the directives of Supreme Court lodged an FIR on last Monday against SECP Chairman Zafar Hijazi for tampering the record of the Sharif family’s companies. However, Hijazi has not left his office yet.
While raising the issue, PTI MNA Asad Umar said the finance ministry should at least place the SECP chairman on leave, as Hijazi is facing a criminal case. He further said that the State Bank of Pakistan is not giving details of Pakistanis who invested in Dubai. The government should take action against Panama papers nominees, which included names of a judge, businessmen and media persons, he added.
The committee also took notice of sharp increase in dollar against rupee last week and directed the SBP to present a detailed report on this issue in next meeting.
The committee also decided to summon a joint meeting of National Assembly standing committee on finance, commerce and textile to examine the reasons of continuous decline in country’s exports. The exports had come down to below $21 billion during last financial year despite the government had announced an incentive package worth of Rs180 billion to boost export.
