JIT observes discrepancies in Sharif family assets


The Joint Investigation Team (JIT) has recommended the National Accountability Bureau (NAB) to file a reference against Prime Minister Nawaz Sharif and his sons, Hussain and Hassan Nawaz.

Nawaz Sharif, since past year, has been dismissing reports of any wrong doings.

Officials said directives were issued from the PM's house to the law enforcement agencies to beef up security in Islamabad during appearances of the Sharif family members.

For instance when they demand that statement of Qatari prince should be recorded, they say so because before the apex court the counsels of the prime minister's family had submitted prince's letters as money trail of offshore businesses. His younger brother appeared thrice.

Sharif's daughter Maryam also rejected the report, saying, "JIT report REJECTED".

Earlier, JIT chief Wajid Zia presented the 10-volume report along with evidence to the three-member special bench of the Supreme Court comprising Justice Ejaz Afzal, Justice Azmat Saeed and Justice Ijazul Ahsan. A team submitted its report in the Supreme Court after 60 days of investigation.

Several things in the report are unbelievable and comical, said the federal minister.

The documents showed these companies were involved in a 2007 loan of $13.8m, made using high-value Sharif-owned properties in the United Kingdom as collateral, and a separate 2007 transaction amounting to $11.2m.

The probe has expanded to include corruption allegations regarding the sale and purchase of various industrial units in Pakistan, the United Arab Emirates and Saudi Arabia.

Pakistan's Supreme Court took up the case on the petitions of opposition parties including Imran Khan's Tehrik-i-Insaf and others who sought disqualification of Nawaz Sharif for not declaring the money trail.

There was no confirmation of the report as the court adjourned the hearing till next Monday.

Sharif said that he had a public mandate to serve as the Prime Minister of Pakistan for a full five-year term, and this was so because the people firmly believed in his development-oriented policies.

Sheikh Al Thani was invited to testify before the inquiry, or to record his testimony at the Pakistani embassy in Qatar.