Abb Takk News

Flagship Reference Case Hearing Underway In AC

Islamabad (November 05, 2018): Flagship Reference Case hearing of Former Prime Minister of Pakistan Nawaz Shareef is underway in Accountability Court.

According to details, the AC Judge Arshad Malik is hearing the case and Former OM Nawaz Shareef is present in the courtroom. Lawyer of Nawaz Shareef will cross-question Wajid Zia today too.

Click Play Button To Watch This Video

Previously on November 02, the court session got adjourned as Nawaz Shareef was unable to make it to the court due to ongoing country-wide protests. Due to which, the Accountability Court Judge Muhammad Arshad adjourned the session to November 05. Earlier on November 01, Wajid Zia stated that the joint investigation team (JIT)—constituted on orders of the Supreme Court under the light of verdict in Panama Papers case—had not found a single bank account of PML-N supremo Nawaz Sharif through which money was transferred abroad for the establishment of Flagship.

He made these remarks as Sharif’s counsel Khawaja Haris continued to cross-examine former during the hearing of the case pertaining to Flagship Investment reference.

As the hearing went underway, Khawaja Haris asked Zia weather Nawaz Sharif had made an investment in Flagship Investment company. Haris also inquired whether there is any document present which proves investment was made by Nawaz Sharif. The Sharif’s legal counsel also inquired whether Panamagate JIT had found any such bank account which proved the transfer of money from Pakistan for the formation of the Flagship company. To this Zia replied, “JIT had not found any such document or bank account.”

He went on to say that not even a single bank account of Nawaz Sharif had been found by JIT through which it can be proven that money had been transferred abroad.

“Also, no witness had given testimony that Nawaz Sharif had helped him/her in formation of the Flagship”, Wajid was quoted as saying.

The trial
The trial against the Sharif family commenced on September 14, 2017. On July 6, after four extensions in the original six-month deadline to conclude all three cases, the court announced its verdict in the Avenfield reference.

Nawaz and his sons, Hussain and Hasan, are accused in all three references whereas Maryam and Safdar were accused in the Avenfield reference only.

The two brothers, based abroad, have been absconding since the proceedings began last year and were declared proclaimed offenders by the court.

Related News:

Al-Azizia Hearing: AC To Record Nawaz’s Statement Today

AC Adjourns Flagship Reference Case Until Tomorrow