Tariq Shafi appears before JIT

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ISLAMABAD July 2(APP): Prime Minister Nawaz Sharif’s cousin, Tariq Shafi, appeared once more before the Panama Papers case Joint Investigation Team (JIT) today.

During the hearing of the Panama Papers case, Shafi submitted two affidavits in the Supreme Court — on Nov 12, 2016 and Jan 20, 2017 — confirming receipt of 12 million Dirhams as sale proceeds of the remaining shares of Mian Sharif’s factory in Dubai and delivery of the said amount in cash in installments to Fahad Bin Jassim of Qatar (elder brother of Hamad Bin Jassim).

This money later became the source of funds for acquisition of the four Park Lane properties in London, the Supreme Court was told earlier this year.

Shafi will also be questioned regarding the Hudaibiya Paper Mills Limited.

The JIT, formed on May 5 in light of the Supreme Court’s April 20 judgment in the Panama Papers case, was given 60 days to complete its probe. The summons also asked the respondents to bring forth relevant documents related to the Sharif family’s financial assets.

However, since the original deadline was falling on a Friday, and with the JIT taking a day off on Eid, July 10 has been decided as the deadline for the JIT to submit its final report to the court’s special implementation bench.

APP/saima