Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Hijazi indicted in record tampering case

byCT Report
28/10/2017
in Business
Share on FacebookShare on Twitter

ISLAMABAD: A local court has indicted Zafar Hijazi, the suspended chairman of Securities and Exchange Commission of Pakistan (SECP), in the case relating to tampering of the record of Chaudhry Sugar Mills which is owned by the family of former prime minister Nawaz Sharif.

A special court of the Federal Investigation Agency (FIA) has indicted Hijazi under Sections 420 (cheating), 466 (forgery) and 471 (using forged documents as genuine) of the Pakistan Penal Code (PPC) and Section 5(2)(47) of the Prevention of Corruption Act. Hijazi, however, pleaded not guilty.

You might also like

CCP approves PIA acquisition by Arif Habib-led consortium

30/04/2026

PSO profit surges past Rs38bn in first nine months

29/04/2026

Special court’s judge Irum Niazi read out the charges against Hijazi in his presence.

As per the charge sheet, Hijazi has been accused of pressurising his subordinate staff to close the pending inquiry against the said sugar mills in back date. In response, the accused said that he did not tamper with any record nor did he commit any wrongdoing.

The case was filed after the six-member Joint Investigation Team (JIT) – which was formed by the Supreme Court to investigate the Panama Papers case – submitted its report to the apex court accusing Hijazi of forgery.

The JIT members had claimed that the examination of witnesses suggested that the deed was done at the behest of the suspended SECP chairman. Hijazi denied the allegations, claiming instead that some other SECP employees had changed the records without any pressure or directives from him.

The FIA in July booked Hijazi and registered a case against him under the above mentioned sections of the PPC and PCA.

Related Stories

CCP approves PIA acquisition by Arif Habib-led consortium

byCT Report
30/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Pakistan International Airlines Corporation Limited (PIA) by...

PSO profit surges past Rs38bn in first nine months

byCT Report
29/04/2026

ISLAMABAD: Pakistan State Oil (PSO) has reported profit exceeding Rs38 billion during the first nine months of the current financial...

Pakistan power circular debt rises Rs224b to Rs1.84 trillion

byCT Report
28/04/2026

ISLAMABAD: Pakistan’s power sector circular debt increased by Rs224 billion during the first eight months of the current fiscal year,...

Mobile manufacturers warn of IMEI cloning, oppose used phone imports

byCT Report
27/04/2026

ISLAMABAD: The Pakistan Mobile Phone Manufacturers Association (PMPMA) has raised concerns over the sale of smuggled, stolen and counterfeit mobile...

Next Post

Dar reiterates Pakistan’s commitment for improving regional connectivity

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.