Abb Takk News

SC rejects SBP, SECP’s names for Panama JIT, summons heads

Islamabad (May 03, 2017): The Supreme Courts’ special bench constituted to ensure implementation of its verdict on Pamamagate on Wednesday rejected the names sent by State Bank of Pakistan (SBP) and Security and Exchange Commission of Pakistan (SECP) for Panamagate JIT.

The special implementation bench conducted hearing in open court today.

The bench discussed the issue of constitution of the Joint Investigation Team (JIT) to probe the offshore companies of Sharif family.

The bench while rejecting the names sent by State Bank of Pakistan Security and Exchange Commission of Pakistan (SECP), summoned heads of the two institutions.

The bench remarked that the names for the JIT will be selected by the court not the head of the concerned institutions.

The court wants a transparent investigation, Justice Khan asserted, adding, “We want honest and professional officials to be members of the JIT.”

The court directed the SECP chairman and SBP governor to appear in the next hearing and ordered them to provide lists of all officers in Grade 18 and above.

Justice Sheikh Azmat Saeed said the bench had asked for lists of officials so it could pick them itself. “No one will be allowed to play games with the court,” he added.

Justice Ijaz-ul-Ahsan remarked that the court would not stand for any excuses or delays during the implementation of its orders.

The next hearing of the case will take place on Friday

It is to be mentioned here that yesterday the Chief Justice of Pakistan constituted the implementation bench consisting of the same judges who handed down the majority judgement in the Panama Papers case.

The bench, headed by Justice Ejaz Afzal Khan, is comprised Justice Sheikh Azmat Saeed and Justice Ijaz-ul-Ahsan.

The Supreme Court had, by a majority verdict of three to two, ordered the constitution of a joint investigation team (JIT) to probe the assets of the incumbent prime minister. Dissenting judges Justice Asif Saeed Khosa and Justice Gulzar Ahmed had “disqualified” the Prime Minister for not being honest before the nation, parliament and the court.

In its April 20 order, the five-judge bench had requested Chief Justice of Pakistan Mian Saqib Nisar to constitute a special bench to ensure the implementation of the judgement.


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