Panama leak Case Proceedings - JIT Report, News, Updates And Discussion

[Realistic Change]

Future senator from current SCO judges of this panama bench?

If its from this panama bench... Advocate or pakora?? My first guess would be advocate... Or it could be pakora too..since Nadeem Malik sharef some info regd relations between pakora judge and one PML N leader....

Let's leave it at; it is one of the serving Judge's of SCP as of today

Tahir ul Qadri's pov and Asad Umer's pov re current JIT, hear what Asad Umar is saying .......we are still being advised by PPP to change course - that is 100% true:

 

[Farah Sohail]

114. It has already been mentioned in the opening part of this judgment that respondent No. 1 has held the highest public offices since the year 1981 and such offices include those of the Finance Minister, Chief Minister and Prime Minister and in one of his interviews he had stated that he had decided to disassociate himself from the family business in the year 1997 although no material has been produced before us in support of such claim. There is no denying the fact that at least between 1981 and 1997 the said respondent was actively engaged with his family business and was simultaneously enjoying the above mentioned highest public offices. It is also an admitted fact that the relevant two offshore companies own the four properties in London from the years 1993/1996 which offshore companies are statedly owned by respondent No. 1’s son namely Mr. Hussain Nawaz Sharif at least since the year 2006. The dependent and non-earning children of respondent No. 1 are admittedly in possession of the said properties in London since the years 1993/1996 and, thus, it is respondent No. 1 who is deemed to be in possession of those properties since the years 1993/1996. Nothing has been produced before this Court either by respondent No. 1 or his son to show that before the year 2006 the said offshore companies and the relevant properties were owned by somebody else. It is, therefore, more likely than not that the said companies and properties were set up or taken over at a time when respondent No. 1 was holding the above mentioned highest public offices in Pakistan. His asserted business relations with Al-Thani family of Qatar and the commonly known blessings received by his businesses from the royal families of the United Arab Emirates and the Kingdom of Saudi Arabia may also point towards his public offices in Pakistan having inseparable connections with his businesses in other parts of the world. In that backdrop a serious issue arises as to whether respondent No. 1 has been an ‘ameen’ while in charge of the resources of the motherland or not. Plato is universally acknowledged as one of the greatest philosophers of all times and in his book ‘Republic’ he had concluded many thousand years ago that for the position of the king he would prefer a philosopher over a merchant because a philosopher is a visionary thinking about the future whereas a merchant may find it impossible not to keep his mundane business and property interests in mind even when administering the republic. Plato was indeed a wise man.

@PakSword @Realistic Change

A lot has been discussed regd Godfather analogy used by Justice Khosa in his verdict..but what abt this Plato reference?

Bhigo bhigo kar tanz kia hai, Justice Khosa ne yahan par.. Nawaz Sharif main koi sharam, koi haya?

 

[Realistic Change]

114. It has already been mentioned in the opening part of this judgment that respondent No. 1 has held the highest public offices since the year 1981 and such offices include those of the Finance Minister, Chief Minister and Prime Minister and in one of his interviews he had stated that he had decided to disassociate himself from the family business in the year 1997 although no material has been produced before us in support of such claim. There is no denying the fact that at least between 1981 and 1997 the said respondent was actively engaged with his family business and was simultaneously enjoying the above mentioned highest public offices. It is also an admitted fact that the relevant two offshore companies own the four properties in London from the years 1993/1996 which offshore companies are statedly owned by respondent No. 1’s son namely Mr. Hussain Nawaz Sharif at least since the year 2006. The dependent and non-earning children of respondent No. 1 are admittedly in possession of the said properties in London since the years 1993/1996 and, thus, it is respondent No. 1 who is deemed to be in possession of those properties since the years 1993/1996. Nothing has been produced before this Court either by respondent No. 1 or his son to show that before the year 2006 the said offshore companies and the relevant properties were owned by somebody else. It is, therefore, more likely than not that the said companies and properties were set up or taken over at a time when respondent No. 1 was holding the above mentioned highest public offices in Pakistan. His asserted business relations with Al-Thani family of Qatar and the commonly known blessings received by his businesses from the royal families of the United Arab Emirates and the Kingdom of Saudi Arabia may also point towards his public offices in Pakistan having inseparable connections with his businesses in other parts of the world. In that backdrop a serious issue arises as to whether respondent No. 1 has been an ‘ameen’ while in charge of the resources of the motherland or not. Plato is universally acknowledged as one of the greatest philosophers of all times and in his book ‘Republic’ he had concluded many thousand years ago that for the position of the king he would prefer a philosopher over a merchant because a philosopher is a visionary thinking about the future whereas a merchant may find it impossible not to keep his mundane business and property interests in mind even when administering the republic. Plato was indeed a wise man.

@PakSword @Realistic Change

A lot has been discussed regd Godfather analogy used by Justice Khosa in his verdict..but what abt this Plato reference?

Bhigo bhigo kar tanz kia hai, Justice Khosa ne yahan par.. Nawaz Sharif main koi sharam, koi haya?

Absolutely spot on!

When you have time; this is a nice piece by Saad Rasool a Harvard Law grad:

Post-Script: We all owe a debt of gratitude to Justice Asif Khosa and Justice Gulzar Ahmed. Not for any partisan proclivity, but simply for representing that exceptional breed of intrepid judges who are willing to stand up to the murky financial dealing of our entrenched status quo.

Full article: http://nation.com.pk/columns/23-Apr-2017/a-judgment-to-remember

And since you do have interest in law (at least that is the impression I got from your posts), do read the connection between Literature and Law in below mentioned writeup:

http://www.academia.edu/10119794/Fiction_and_Poetry_in_Judgments

 

[Farah Sohail]

Absolutely spot on!

When you have time; this is a nice piece by Saad Rasool a Harvard Law grad:

Post-Script: We all owe a debt of gratitude to Justice Asif Khosa and Justice Gulzar Ahmed. Not for any partisan proclivity, but simply for representing that exceptional breed of intrepid judges who are willing to stand up to the murky financial dealing of our entrenched status quo.

Full article: http://nation.com.pk/columns/23-Apr-2017/a-judgment-to-remember

Yes... I have read this article earlier.. Indeed a great article..

There are some other brilliant articles on dissenting notes in panama verdict...too.. Like "Glorious dissent" in express trubune..and another article "I am dissenting and i know it" ...I loved these articles

Regd Justice Khosa and Justice Gulzar's judgment..its not only their verdict..of disqualification tht i loved...But un dono ne jis tarah expose kiya hai Nawaz Sharif ko..aur bhigo bhigo kar tanz kiye hain.. I think none in any instituition in Pakistan has ever done tht before.. Salute to these two judges for their courage

And since you do have interest in law (at least that is the impression I got from your posts), do read the connection between Literature and Law in below mentioned writeup:

http://www.academia.edu/10119794/Fiction_and_Poetry_in_Judgments

Thanks for sharing.. Will definitely read it..

 

[Realistic Change]

For some strange reason, in this Ramzan Mubarak it seems- $harif's and his touts are crying louder than Devil.

Don't know why?

 

[Verve]

For some strange reason, in this Ramzan Mubarak it seems- $harif's and his touts are crying louder than Devil.

Don't know why?

Devil will cry on The Judgement Day, whereas Shariffs are crying as they are fast approaching their judgement day on the land.

 

[Guvera]

Shahid Masood ka program dekha.. Shahid Masood sahib ne tou JIT ke hawalay se Qayamt ki peshangoi kar di hai.. ke JIT manage hogaee hai aur Govt. ko mazloom sabit karchuki hai..

lollll..

@Realistic Change @Verve @Guvera @Dil Pakistan @The Accountant @war&peace

https://www.siasat.pk/forum/showthr...-may-have-to-come-on-streets-Dr-Shahid-Masood

Its 50 50, aisa ho bhii sakta hai or nahi bhi, Pakistan main sab kuch possible hai atleast history tu yehi kehti hai.

@PakSword @Panther 57

When panama hearing finished...Dr sb started saying within 1 week...ke judges ne alna faisla likh liya hai., he was saying with as much confidence ke judges apna faisla likh chukay hain.. Kisi bhi waqt aa sakta hai.. Justice Khosa ne inhein kaan main aa kar bataya tha ke faisla likh liya hai!!

Inki so called SC main koi source bhi thee,,,jis ne inhein bataya tha.. Phir verdict ki hint bhi de rahay thay ke waah kiya faisla aanay wala hai

When verdictw as announced..he kept screaming for 3 days ke jo faisla aanay wala tha..woh dhabardoos hogaya hai... Yeh woh faisla nahi hai....jo faisla aana tha.. Main Chief Justice se kehta hoon ke suo moto notice lein.. Yeh verdict reserve honay ke dauran dhabardoos hogaya hai..hint karrahay thay ke shayad judges ne bhi garbar ki hai..

Aaj keh rahay thay..ke judges ne tu apna kaam bhtt acha kiya.. Open hearing ki... Unhon ne kaam zabardast kiya.. JIT ko unhon ne full powers dein... Lekin JIT bik gayi.... Aaj inhein yaad nahi raha ke verdict ke baad kaha tha..inhon ne...ke asal verdict dhabardoos hoagya tha..aur chief justice se suo moto notice lenay ka keh rahay thay.. Aaj keh rahay thay ke judges ne bhtt acha kaam kiya..

Why dont u understand, DAKTARR is the only family entertainment available to us in Ramadan, aap hum se yeh sasti tafreeh bhi cheena chahti hain ?

@Farah Sohail Mubarak ho JIT ne apki sun li or PM ko bulwa lia hai on thursday

 

[war&peace]

Let's leave it at; it is one of the serving Judge's of SCP as of today

Tahir ul Qadri's pov and Asad Umer's pov re current JIT, hear what Asad Umar is saying .......we are still being advised by PPP to change course - that is 100% true:

First of all, I would say that Asad Umar is really a wise guy as how intelligently he handled this question without saying anything negative about Dr. Tahir ul Qadri's statement and still maintaining his own POV.
Well, not much time is left so soon we will find out the truth but until then we stand by the SC and JIT. However we must keep an eye on the members of JIT.

 

[QatariPrince]

 

[Realistic Change]

‏⁦‪سر،
‬ ⁦‪#JIT
‏‬⁩ والوں نےکہا ہے سب ریکارڈ بهی ساتھ لانا . سر فیصلہ کرلیں .. ریکارڈ لےجانا ہے یا لگوانا ہے

 

[Ahmad Sajjad Paracha]

Like everybody is saying 2 said nawaz sharif should be disqualified and 3 said that furthur investigation should be done through JIT. 2 of them are to be C.J in future. I don't know about much of panama investigation but if jit clears nawaz shariff then it would mean that 2 judges were wrong in their decision and they would lose their credibility so i think JIT would not clear Nawaz sharif as it was not formed by supreme court to decredit its judges plus statements of pmln members to make jit controversial indicates that circumstances are against nawaz sharif

 

[Realistic Change]

Interesting....Shahbaz comes into spotlight.

https://www.thenews.com.pk/print/210103-JIT-extends-probe-to-Shahbaz-family

JIT extends probe to Shahbaz family

SECP asked to give record of 45 companies directly or indirectly owned by Sharif family members, distant relatives



ISLAMABAD: Finally, the scope of Joint Investigation Team (JIT) has been extended to the family of Punjab Chief Minister Shahbaz Sharif and even to many distant relatives of the Sharifs as the JIT has identified 45 companies directly or indirectly owned by them and has sought their complete record from the Securities and Exchange Commission of Pakistan (SECP).

The JIT has asked the SECP to furnish the record of around four dozen companies owned by Hamza Shahbaz, different members of the Sharif family and even distant relatives and cousins of the Sharifs.

The two-page JIT letter to SECP reads;

“Secret

Joint Investigation Team, Panama Case

Federal Judicial Academy

Islamabad

No.JIT/PC/17/-003/95

Date: June 9, 2017

The Chairman

Securities and Exchange Commission of Pakistan

NICL Building, Jinnah Avenue

Islamabad

Subject: Request for Information

Dear Sir,

In pursuance of the Honorable Supreme Court's Order dated April 20, 2017 and Implementation Bench's order dated May 5, 2017 the Joint Investigation Team (JIT), please find enclosed herewith a list of identified companies having direct/indirect link with Respondents No. 1, 6, 7, 8, 9 & 10 (Annexure). In this connection, you are requested to confirm and provide an updated list of such companies and furnish certified true copies of the following forms filed as per laws/rules applicable, from time to time, of all these



companies since their incorporation till date:

i. Annual accounts/financial statements;

ii. Form A (annual return of a company having share capital);

iii. Form 3 (Return of Allotments), Form 10 (Particulars of Mortgages, Charges, etc.);

iv. Form 16 (Particulars of Modification of Mortgage, Charge, etc.);

v. Form 17 (Memorandum of Complete Satisfaction of Mortgage, Charge, etc.);

vi. Form 26 (Special Resolution), Form 29 (Particulars of Directors and Officers or any change therein);

vii. Form 31 (Return Containing Particulars of Beneficial Ownership of Listed Securities and

viii. Form 34 (Pattern of Shareholding).

2- Your response in this regard should reach this office by COB Tuesday, June 13, 2017, positively.

(NOTE: JIT only provided SECP with a list of 45 companies. The information given in brackets in front of each company’s name is retrieved by The News from SECP public record)

(Annexure)

1- Abdul Aziz Textile Mills (Private) Limited (32-Empress Road, Lahore, Incorporation date: 1/17/1988, Incorporation number (CUIN): 0017340, Registered at: CRO Lahore, Form A or B made upto: 3/30/1993, Mode of Filing: Online)

2- Ali Haroon Textile Mills Limited (71-Ahmad Block, New Garden Town, Lahore, Incorporation date: 1/21/1992, Incorporation number (CUIN): 0026237, Registered at: CRO Lahore Form A or B made upto: Not Found, Mode of Filing: Off Line)

3- Barkat Textile Mills Limited (135-Upper Mall, Lahore, Incorporation date: 1/17/1988, Incorporation number (CUIN): 0017341, Registered at: CRO Lahore,Form A or B made upto: 10/31/2016 Mode of Filing: Online)

4- Bashir Sugar Mills Limited (135- Upper Mall, Lahore, Incorporation date: 4/7/1996, Incorporation number (CUIN): 0036417, Registered at: CRO Lahore, Form A or B made upto: 1/31/2015,Mode of Filing: Online)

5- Brothers Steel Mills Limited (1st Floor , Simla Tower , 5-Davis Road , Lahore, Incorporation date: 7/28/1983, Incorporation number (CUIN): 0010613, Registered at: CRO Lahore, Form A or B made upto: 12/31/1998,Mode of Filing: Off Line)

6-Brothers Sugar Mills Limited (Brother Sugar Mills 2-km Khuddian Road Chunian Kasure, Incorporation date: 10/23/1988, Incorporation number (CUIN): 0018749, Registered at: CRO Lahore, Form A or B made upto: 1/29/2005, Mode of Filing: Off Line)

7- Brothers Textile Mills Limited (135 Upper Mall, Lahore, Incorporation date: 11/2/1986, Incorporation number (CUIN): 0015193, Registered at: CRO Lahore, Form A or B made upto: 10/31/2014, Mode of Filing: Off Line)

8- Chaudhary Sugar Mills Limited (146-Abu Bakar Block, Garden Town, Lahore, Incorporation date: 5/27/2002, Incorporation number (CUIN): 0043751, Registered at: CRO Lahore, Form A or B made upto: 1/30/2016, Mode of Filing: Online)

9- Effective Management Private Limited (32 Empress Road, Lahore, Incorporation date: 10/14/1992, Incorporation number (CUIN): 0028631, Registered at: CRO Lahore, Form A or B made upto: Not Found, Mode of Filing: Off Line)

10- Farooq Barkat (Private) Limited (Not Found)

11- First Hajvery Modarba (Not Found)

12- Hajvery Holding Limited (Not Found)

13- Hajvery Modarba Management Limited (Not Found)

14- Hamza Board and Paper Mills Limited (Not Found)

15- Hamza Spinning Mills Limited (32-Empress Road,Lahore, Incorporation date: 9/9/1991, Incorporation number (CUIN): 0025077, Registered at: CRO Lahore, Form A or B made upto: 3/28/2001, Mode of Filing: Online)

16- Hanif Siraj Textile Mills Limited (Not Found)

17- Haseeb Waqas Engineering Mills Limited (Not Found)

18- Haseeb Waqas Farms Ltd (6-F, Model Town, Lahore, Incorporation date: 8/2/1992, Incorporation number (CUIN): 0028008, Registered at: CRO Lahore, Form A or B made upto: 10/31/2015, Mode of Filing: Off Line)

19- Haseeb Waqas Group (Not found)

20- Haseeb Waqas Rice Mills Limited (Not found)

21- Haseeb Waqas Sugar Mills Limited (6-F Model Town, Lahore, Incorporation date: 1/13/1992, Incorporation number (CUIN): 0026181, Registered at: CRO Lahore, Form A or B made upto: 1/31/2017, Mode of Filing: Online)

22- Hudabia Engineering Mills Limited (Lahore, Incorporation date: 5/12/1992, Incorporation number (CUIN): 0027183, Registered at: CRO Lahore, Form A or B made upto: 10/31/2015, Mode of Filing: Off Line)

23- Hudabia Paper Mills Limited (146-Abu Bakar Block, Garden Town, Lahore, Incorporation date: 1/29/1992, Incorporation number (CUIN): 0026298, Registered at: CRO Lahore, Form A or B made upto: Not Found, Mode of Filing: Off Line)

24- Ilyas Enterprise Private Limited (Exact Name not found. The available is: SM Ilyas Enterprises (Pvt) Ltd, 85-Brandreth Road Lahore, Incorporation date: 5/28/1994, Incorporation number (CUIN): 0032641, Registered at: CRO Lahore, Form A or B made upto: 10/15/2015, Mode of Filing: Off Line)

25- Ittefaq Brothers Steel Limited

(No record found with this name. The available is: Ittefaq Steel & Re-rolling Mills (pvt) Limited, 6-F, Model Town, Lahore, Incorporation date: 7/13/2007, Incorporation number (CUIN): 0062109, Registered at: CRO Lahore, Form A or B made upto: 10/31/2016, Mode of Filing: Off Line)

26- Ittefaq Brothers (Pvt) Ltd (DHA Phase 2, House No 10, Street No 2, Sector H, Islamabad Capital Territory (ICT) 44000, Incorporation date: 1/26/2017, Incorporation number (CUIN): 0105280, Registered at: CRO Islamabad, Form A or B made upto: Not Found, Mode of Filing: Online)

27- Ittefaq Foundries (Private) Limited (Not found)

28- Ittefaq Sugar Mills Limited (40-B3 Gulberg 3, Lahore, Incorporation date: 5/4/1982, Incorporation number (CUIN): 0009411, Registered at: CRO Lahore, Form A or B made upto: 1/31/2017, Mode of Filing: Off Line)

29- Ittefaq Textile Mills Limited (32-Empress Road Lahore, Incorporation date: 4/30/1966, Incorporation number (CUIN): 0002259, Registered at: CRO Lahore, Form A or B made upto: 3/27/1999, Mode of Filing: Off Line

Also Ittefaq Textile Mills-Unit-3 (PVT) Limited, 180-K, Model Town, Lahore, Incorporation date: 12/22/2004, Incorporation number (CUIN): 0049129, Registered at: CRO Lahore, Form A or B made upto: Not Found, Mode of Filing: Off Line)

30- Jawaid-Pervaiz Enterprise (not found)

31- Kashmir Sugar Mills (40-B-II, Gulberg III, Lahore, Incorporation date: 1/18/1996, Incorporation number (CUIN): 0036072, Registered at: CRO Lahore, Form A or B made upto: 1/31/2017, Mode of Filing: Off Line)

32- Khalid Siraj Industries (Pvt) Ltd (not found)

33- Khalid Siraj Textile Mills Limited (135-Upper Mall Lahore, Incorporation date: 1/17/1988, Incorporation number (CUIN): 0017345, Registered at: CRO Lahore, Form A or B made upto: 10/31/2016, Mode of Filing: Online)

34- Mehran Ramzan Textile Mills Limited (not found)

35- Model Trading House (Private) Limited (44-Warris Road Lahore, Incorporation date: 11/25/1991, Incorporation number (CUIN): 0025773, Registered at: CRO Lahore, Form A or B made upto: Not Found, Mode of Filing: Off Line)

36- Mohammad Baksh Textile Mills (55-K, Model Town, Lahore, Incorporation date: 5/28/2002, Incorporation number (CUIN): 0043771, Registered at: CRO Lahore, Form A or B made upto: 10/31/2016, Mode of Filing: Online)

37- Nawaz Shahbaz Enterprise (No record found)

38- Ramzan Bukhsh Textile Mills Limited (135-Upper Mall, Lahore, Incorporation date: 1/17/1988, Incorporation number (CUIN): 0017349, Registered at: CRO Lahore, Form A or B made upto: 10/31/2009, Mode of Filing: Online)

39- Ramzan Sugar Mills Limited (55-K, Model Town Lahore, Incorporation date: 8/4/1990, Incorporation number (CUIN): 0022222, Registered at: CRO Lahore, Form A or B made upto: 12/31/2007, Mode of Filing: Off Line)

40- Sandalbar Textile Mills Limited (40-BII Gulberg III, Lahore, Incorporation date: 5/5/1992, Incorporation number (CUIN): 0027098, Registered at: CRO Lahore, Form A or B made upto: 3/31/2002 12:00:00 AM Mode of Filing: Off Line)

41- Sardar Board and Paper Mills Limited (107-B,-II, M M Alam Road, Gulberg-III, Lahore, Incorporation date: 11/3/1991, Incorporation number (CUIN): 0025591, Registered at: CRO Lahore, Form A or B made upto: 10/31/2003, Mode of Filing: Off Line)

42- Sharif Dairy Farms (Private) Limited (55-K, Model Town, Lahore, Incorporation date: 11/27/2008, Incorporation number (CUIN): 0068201, Registered at: CRO Lahore, Form A or B made upto: 10/31/2016, Mode of Filing: Off Line)

43- Sharif Feed Mills (Private) Limited (55-K, Model Town Lahore Punjab, Incorporation date: 6/29/2005, Incorporation number (CUIN): 0050954, Registered at: CRO Lahore, Form A or B made upto: 10/30/2016, Mode of Filing: Off Line)

44- Sharif Poultry Farms (Private) Limited (55-K, Model Town, Lahore, Punjab, Incorporation date: 4/10/2007, Incorporation number (CUIN): 0060357, Registered at: CRO Lahore, Form A or B made upto: 10/31/2015 12:00:00 am, Mode of Filing: Off Line)

45- Yousuf Aziz Sugar Mills Limited (No record found).

 

[QatariPrince]

 

[Realistic Change]

Nawaz's urgent visit to Saudi can divert the course of proceedings.

He had been stumped when Qatari delegation visited Pakistan and sought confirmation re which side Nawaz will support.

As he did not have confidence to visit Saudi alone hence taking his country's COAS for moral support.

 

[war&peace]

Nawaz's urgent visit to Saudi can divert the course of proceedings.

He had been stumped when Qatari delegation visited Pakistan and sought confirmation re which side Nawaz will support.

As he did not have confidence to visit Saudi alone hence taking his country's COAS for moral support.

How can it divert? It may delay but not divert or please elaborate your point.