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SC asks SBP, SECP to submit details of grade 18 & above employees

byCT Report
03/05/2017
in Business
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ISLAMABAD: The Supreme Court special bench, constituted to ensure implementation of the apex court verdict in the Panama Papers case, on Wednesday directed the State Bank of Pakistan (SBP), and Securities and Exchange Commission of Pakistan (SECP) to submit list of their grade 18 and above employees till Friday.The special bench comprises three judges of the larger bench, including Justice Ejaz Afzal Khan, Justice Azmat Saeed Sheikh and Justice Ijazul Ahsen, who had handed down the majority judgement in the Panama Papers case for formation of a joint investigation team (JIT) to further probe the issue.

During the course of proceedings, Justice Ejaz observed that the court would look into the lists of officials provided by respective institutions and approve the names for the JIT.

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The court wanted officials of high integrity to be part of the JIT so that transparent investigations could be carried out, he added.  Justice Ejaz observed that the officials nominated by the SBP and the SECP did not meet the court’s criteria. “We want honest and professional officials to be members of the JIT.”

Justice Azmat remarked that the bench would ensure that proceedings were conducted in an impartial and transparent manner.  Justice Ijazul Ahsan observed that the court would not accept any excuse to delay the proceedings.

Justice Sheikh Azmat Saeed remarked,” No one will be allowed to play games with the court.” The hearing was adjourned till Friday.

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