National News

Sharif family has provided money trail of businesses: Zubair

ISLAMABAD, Jan 26 (APP): Privatization Minister Muhammad
Zubair Thursday said members of Sharif family had provided
Supreme Court the money trail of its business transactions going
back to 40 years.
He was addressing a press conference along with Pakistan Muslim
League – Nawaz (PML-N)’s Member National Assembly Daniyal Aziz here.
He said three generations of Sharif family had provided evidence
spanning over 40 years, submitted all the income and wealth tax
returns including that of Maryam Nawaz’s grandmother, bank
statements and property documents.
“Sharif family has provided all the money trail relating to
Dubai, Jeddah and London,” he said adding the documents had proved
that Maryam Nawaz was not a beneficial owner, but only a trustee of
her brother’s properties.
He said three generations of the Sharif family were going
through an unprecedented scrutiny in the Supreme Court in Panama
Papers case.
He said they were satisfied and their stand was rock solid.
The counsel for Maryam Nawaz had proved that she was not
dependent on his father and had been paying her taxes, he said.
Hussain Nawaz presented all details of businesses belonging to
his grandfather Mian Muhammad Sharif and his financial affairs in
London, he added.
PTI failed to take responsibility of the case for which they
were shouting hoarse for the last nine months, he added.
He said the Sharif family had also gone through scrutiny in
1980s and 2000s.
The minister said the Sharif family did not ask for immunity
on the basis of maintainability of petition and court’s
jurisdiction.
He said no non-resident Pakistani had ever appeared before the
court in Pakistan since 1947, but the prime minister’s sons –
Hussain
Nawaz and Hassan Nawaz – have submitted themselves to the court.
He said nobody was liable to present evidence beyond seven
years but the Sharif family despite difficulties collected
all the documents for the court.
The documents given to the court were properly signed,
notarized, stamped and authenticated, he added.
He said a PTI spokesman Fawad Chaudhry stated in a television
programme that all the documents were downloaded by PTI and they
were not responsible for them.
Daniyal Aziz said Pakistan Tehreek i Insaf Secretary General
Jehangir Tareen, his wife, sons and daughter exchanged gifts to the
tune of Rs 1647 million during 2009-2013. Each gift was worth
millions
of rupees, he added.
He said Jehangir Tareen returned Rs 70 million on the orders
of Securities and Exchange Commission of Pakistan (SECP) besides
paying a fine of Rs 15 million.
Tareen was trading shares in the names of his cook and
gardener, he added.
He said Imran Khan was living in a house of 300 kanals and
enjoying rides on the aeroplane provided by Jehangir Tareen.
Daniyal Aziz said Imran Khan and Jehangir Tareen were trying
to run away from courts proceedings by challenging their
jurisdiction.
In his statement in a court, Imran Khan said that he would not
disclose who was the beneficial owner of the Niazi Services Limited,
the offshore company he set up in 1980s.
The MNA said the chief election commissioner in his order
stated that Imran Khan got involved in the filthy and uncivilized
conduct and was damaging constitutional institutions.
Imran Khan had wasted the nation’s time by telling lies on
issues of election results and Panama Papers, he added.