Pakistan

Supreme Court to announce Panama case verdict on April 20

ISLAMABAD: Supreme Court of Pakistan will announce the much awaited verdict of Panamagate case on April 20, ARY News reported on Tuesday.

According to the apex court’s supplementary cause list, the verdict will be announced on April 20 at 2:00 PM.

On February 23, the five-member bench of the Supreme Court of Pakistan reserved its verdict after completion of the high profile Panamagate Case hearing against the family members of Prime Minister Nawaz Sharif.

The bench had said that it will not be issuing a short order in the case but will release a full judgment at an appropriate time.

The case is filed by petitioners which include Pakistan Tehreek-i-Insaf chief Imran Khan, Jamaat-i-Islami chief Sirajul Haq and Sheikh Rashid Ahmed.

The bench had reserved its ruling on Feb 23, following daily hearings into the Panama Papers scandal, with the observation that their judgement would remain relevant and valid for years.

Pakistan Tehreek-i-Insaf (PTI) chairman Imran Khan, Jamaat-i-Islami chief Sirajul Haq and Awami Muslim League head Sheikh Rashid Ahmed had their petitions pleaded to the Supreme Court to disqualify Prime Minister Nawaz Sharif over alleged mis-statements in his speech in the National Assembly on May 16 and in his address to the nation on April 5 last year, regarding investments made by his children in offshore companies that led to the purchase of four upscale flats in London.

‘IT WILL BE BASED ON FACTS’

Talking to ARY News after the development, Pakistan Tehreek-i-Insaf (PTI) spokesman Naeemul Haq expressed hope that the verdict will be based on truth, facts and not myths.

“It will be a great news for the whole nation and in future, no ruler will try to benefit by misusing his authority and power,” said Naeemul Haq.

Related

Army awaits decision based on justice, merit in Panamagate case: DG ISPR

THE PANAMAGATE SCANDAL

The leaked papers, comprising 11.5 million documents from Panama-based law firm Mossack Fonseca, exposes how some of the world’s most powerful people have secreted their money offshore, and also implicated Sharif’s sons Hasan Nawaz and Hussain Nawaz.

Three of Sharif’s four children are named in the Panama Papers – daughter Maryam, who has been tipped to be his political successor and sons Hasan and Hussain – with the records showing they owned London real estate through offshore companies administered by Mossack Fonseca.

The Panama Papers have whipped up a storm of controversy over offshore wealth, ensnaring political leaders, sports figures and underworld members across the globe in the scandal.

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