Nawaz Sharif testifies in case of flagship investment
web hamari: Former Prime Minister Nawaz Sharif came to the court of accountability this morning and testified at the Flagship Investment case hearing, reported ARY News.
Judge Arshad Malik is presiding over the proceedings of the case.
Nawaz Sharif received a questionnaire with 50 questions related to the Flagship Investment case. His lawyer during the court proceedings yesterday sought more time so that his client could prepare to answer the questions.
Mr. Sharif began to register his statement in the Flagship reference after the defense attorney concluded the questioning of the last witness who is the investigating officer of the reference.
According to the indictment sheet against the former prime minister in the Al-Azizia reference, Mr. Sharif has been accused of possessing assets that are disproportionate to his known sources of income. He says that transactions have taken place between the members of Mr. Sharif’s family and his companies without any explanation and plausible consideration.
The Supreme Court gave the deadline of November 17 to end the references of Al Azizia and Flagship Investment, however, yesterday there were reports that the court could seek an additional extension in time to conclude the cases.
The reference entered the decisive phase after the witness of the prosecution, the Head of the JIT of Panama, Wajid Zia, completed his testimony in the reference. The court has already closed the evidence in Al-Azizia’s reference and at the current stage, the prime minister will register his statement under Section 342 of the Code of Criminal Procedure, after which both the prosecutor’s office and the defense attorney will initiate your final arguments.
On September 8, 2017, the National Accountability Office submitted three references against Mr. Sharif and his family, and another reference against former finance minister Ishaq Dar. The three references against the Sharif family are related to Flagship Investment Ltd, the properties of Avenfield (London) and Al-Azizia Company and Hill Metal Establishment.
On July 28, the Supreme Court disqualified Mr. Sharif from holding the position of prime minister and also ordered NAB to submit four references against the Sharif family and Mr. Dar in a trial court within six weeks.