ISLAMABAD: Chief Justice of Pakistan Anwar Zaheer Jamali Tuesday said that he wanted to keep focus on the London flats.
The CJ said this after a larger bench resumed hearing of the Panama Leaks case in the Supreme Court today.
“We wanted to give the verdict in two or three days. But we have received too many documents,” CJ Anwar Zaheer Jamali said during the session. He added that it was difficult to differentiate between real and fake documents. “In this situation we might not be able to give a verdict in six months.
Justice Azmat Saeed said that the documents PTI had submitted had no relation with the case. “The documents also include newspaper clippings. The petitioner has himself buried the truth.”
The hearing was adjourned till November 17.
A lawyer Akram Sheikh representing the prime minister’s children said that in January 1972 the six units owned by the Prime Minister were taken control of by the government. Of them six units were in West Pakistan while one was in East Pakistan. He said that the prime minister went to Dubai and without any investment from Pakistan formed a steel mill. “The capital came from Sheikh Rashid Al-Maktoum. 75 percent shares of the company went to Al-Hali group. In 1980 the Prime Minister sold 20 percent shares.”
Akram Sheikh maintained that no money went out from Pakistan.
The court remarked that his statement was different from what the Prime Minister had given in the parliament. Justice Khosa said that the prime minister had said that he sold a mill in Dubai to build a mill in Azizya.
To this Sheikh said that he was representing the prime minister’s children and not the prime minister. “You can ask this question from Salman Butt.”
Documents submitted by the Prime Minister in the Supreme Court include a trust deed which says that Maryam Nawaz is the trustee of the offshore companies while Hussain Nawaz is a beneficiary.
Harvard Kennedy Law firm has declared that this trust deed is valid. The trust deed is acceptable in all courts in the United Kingdom. The deed was signed in February 2, 2006, according to documents submitted in the SC.
If Hussain Nawaz dies, Maryam Nawaz will distribute the accounts after paying off debts to Hussain Nawaz’s children. In case Maryam dies, her shares will be transferred to Hussain Nawaz who can ask an independent party to perform the role of a trustee.
