Hearing completes, court reserves verdict in Panama case

Hearing completes, court reserves verdict in Panama case

Islamabad (Web Desk): A five-member larger bench of the Supreme Court (SC) led by Justice Asif Saeed Khosa resumed hearing the Panama Leaks case on Thursday.

The court concluded proceedings of the case and reserves verdict.

The apex court announced that verdict will be declared after investigating multiple aspects of the case as the court will not be issuing a short order in the case but will release a full judgment at an appropriate time.

During the hearing of the case, Counsel for Pakistan Tehreek-i-Insaf, Advocate Naeem Bokhari, presented his arguments before the bench.

Bokhari informed the bench that the Sharif family had failed to provide an explanation for the Gulf Steel Mills set up in Dubai in 1974.

The court reminded Bokhari that the petitions submitted by the PTI did not mention the steel mills, however, the counsel continued, pointing out that the mill's liabilities had exceed 63 million dirhams.

During his arguments, Bokhari also referred to documents purporting to show Maryam Nawaz's involvement with Minerva Financial Services highlighted by German daily Süddeutsche Zeitung in a tweet in January.

Maryam's counsel, Shahid Hamid, had argued before the court that the signatures attributed to Maryam on the documents in question were fake. However, Bokhari maintained in his rebuttal that the documents were correct.

Justice Aijaz remarked that PTI’s counsel wanted the apex court to deliver verdict acting as special or accountability court. He expressed that if experts issue statement before the court, it is deemed true.

Naeem expressed that he did not formulate the document bearing signatures of Maryam Nawaz. Justice Azmat Sheikh replied that whether PTI considered the document to be valid as Sharif family declared the document as fake.

Justice Aijaz Afzal observed that how can the court accept the controversial documents without any formal investigation.

Justice Khosa told the lawyer that if unverifiable documents are rejected, 99pc of those submitted before the bench will be done away with and no progress will be made.