New letter from Qatari Royal says he was ready to meet Panamagate JIT
ISLAMABAD: In yet another twist to the Panamagate case against Sharif family, another letter from the Qatari Royal Hammad Bin Jasim Al Jabor Al-Thani has surfaced, ARY News reported.
The letter tells the Joint Investigation Team (JIT) probing the case, that he (Qatari Royal) will meet the JIT members once he gets an assurance that he is not subject to jurisdiction and laws of Pakistan and that he is not subject to any investigation or required to appear before any tribunal or court of law.
“I would then again propose a meeting in Doha at the end of the next week for the purpose of confirming the veracity of my previous two statement,” read the letter written on July 17.
‘The Flats Were Not the Property of Qatari Royal’
The story of Qatari Royal’s PREVIOUS letters
During the hearing of Panama Leaks case, Sharif family had submitted two letters from the Qatari Royal Hamad Bin Jasim Bin Jaber Al Thani in the Supreme Court to establish the money trail of London apartments.
In the first letter, the Qatari Royal stated that his father had longstanding business relations with PM Nawaz’s father which were coordinated through the prince’s eldest brother.
“As per my understanding at that time an aggregate sum of around 12 million dirhams was contributed by Mian Sharif, originating from the sale of the business in Dubai, UAE,” it said.
In a second letter to the apex court, Qatari Royal claimed that an investment of 12 million dirhams contributed by Mian Muhammad Sharif (father of PM Nawaz) was made “by way of provision of cash”.
A statement, submitted in the apex court by the premier’s counsel Salman Akram Raja, further stated that an amount of $8 million which was due to Mian Sharif in 2005, was settled “by the way of delivery of bearer shares of Nescol Ltd and Neilson Enterprises Ltd to a representative of PM Nawaz’s son Hussain Nawaz in 2006”.
Al-Thani, in his second letter to the Supreme Court also sought to answer the questions raised after the presentation of his first letter.
The letter said that PM Nawaz’s father, Mian Muhammad Sharif, made an investment of approximately 12 million dirhams in the Al-Thani family’s real estate business.
“The investment was made by way of provision of cash which was common practice in the Gulf region at the time of the investment. It was also, given the longstanding relationship between my father and Sharif, a customary way for them to do business between themselves,” it said.
“At the end of 2005, after receiving all accruals and other distributions made over the term of the investment, it was agreed that an amount of approx $8,000,000 was due to Sharif. The amount due to him was settled in 2006,” the letter explained, “by way of the delivery to Hussain Nawaz Sharif’s representative of bearer shares of Nescoll Ltd and Nielsen Enterprises Ltd, which had been kept during that time in Qatar.”