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Supreme Court to focus on Jahangir Tareen's offshore company in disqualification case

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Supreme Court to focus on Jahangir Tareen's offshore company in disqualification case
Haseeb Bhatti
July 26, 2017
19

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PTI leader Jahangir Tareen. Photo:File

The Supreme Court (SC) on Wednesday initiated proceedings on PML-N stalwart Hanif Abbasi's petition seeking the disqualification of Pakistan Tehreek-i-Insaf (PTI) Secretary General Jahangir Tareen over the alleged non-disclosure of assets, existence of offshore companies, as well as receiving foreign funding for PTI.

Before the hearing formally started, the Chief Justice of Pakistan Mian Saqib Nisar asked if every disqualification case would now be brought to the apex court.

"It is Tareen today, tomorrow it will be some other member of the Parliament," he observed. "This has to stop somewhere. There are other forums which can look into these matters."

To this, Abbasi's counsel Azid Nafees replied that the case was brought before the apex court in light of the Panamagate case, but the answer did not entirely satisfy the bench. Nonetheless the hearing proceeded as scheduled.

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As the arguments commenced, Nafees, while presenting his evidence, claimed that Tareen had concealed the fact that he owns agricultural land.

The lawyer further alleged that Tareen did not pay taxes on the land, and also that his company had received loans worth Rs49 million which were later written off.

He also brought up a fine worth Rs70 million levied by the Securities and Exchange Commission of Pakistan on Tareen for 'insider trading'. The judges noted that this had happened 12 years ago and in any case signalled that Tareen had been keen to clear his name of any wrongdoing.

"Tareen has [also] gone on record to say that his children own offshore companies — these facts mean that he is not sadiq and ameenanymore," the petitioner's lawyer continued. "Tareen gave his children monetary gifts too," he added.

Upon this, the judges asked: "How is giving one's children gifts equivalent to not being sadiq and ameen?"

The judges pointed out that it was clear from the documents submitted that Tareen had given money to his children as gifts, and that there is nothing illegal about giving or receiving monetary gifts within the family.

"The gifts were a front to create benami fortunes," the lawyer argued.

To which the chief justice responded: "How do we take this assumption to be true?"

During his arguments, Nafees referred to the Panamagate case, in which a joint investigation team was created to look into the offshore companies of the prime minister's children and the sources of money used to set up the businesses.

He advanced the argument that the investigating team had also looked into the practice of giving gifts, but this was shot down by the bench, who told the counsel to "forget about the JIT." The reasoning provided was that the sources of funding were not clear in the Panamagate case, which was not so in the case pertaining to Tareen.

"What do you want from us?" Chief Justice Nisar asked Abbasi's counsel, adding that the court would not summon Tareen's tax returns and that his children's tax returns were confidential.

At this point, Tareen's lawyer said that Abbasi's counsel wanted the court to summon the tax returns so that they may be able to find something to build a case on.

"We're not here to scrutinise Tareen's tax records — this is the responsibility of the tax authorities," the chief justice remarked. "We're only looking at how [Tareen's] offshore companies were set up."

"The real question should be how much money was used to set up the offshore company and whether there were sufficient funds available [to Tareen] abroad to set it up," he added.

The bench later posited several questions for Tareen to answer, including: how and when was the offshore company set up; who is the legal and beneficial owner of the company; how much money was used to set it up; how was the money transferred abroad to set up the company.

The hearing of the case was adjourned till Thursday, July 27.
 
The way these pmln rats are going PTI, you world think that PTI were in power for 30 years.

If they truly care about catching corruption, they would go sure zardai and friends.

Of course we all know the real reason PMLN is doing this......
 
The way these pmln rats are going PTI, you world think that PTI were in power for 30 years.

If they truly care about catching corruption, they would go sure zardai and friends.

Of course we all know the real reason PMLN is doing this......

:omghaha: Hmmmmmmmmmm ubhee to party shuru huee ha.
 
The way these pmln rats are going PTI, you world think that PTI were in power for 30 years.

If they truly care about catching corruption, they would go sure zardai and friends.

Of course we all know the real reason PMLN is doing this......
So khattack , tahreen, mahmood qureshi , khar, Jatoi, sheikh chilii rasheed , fawad choudry, firdoush ashiq are new faces in politics. PTI is actually sister party of PPP and PML Q as all senior position in PTI held by them

20280642_1350478231717392_2174604424696324166_o.jpg


More than two billion rupees have been exchanged between Jahangir Khan Tareen and his children as ‘gifts exchanges’ during the past six years, the amount of money exceeding the amount Prime Minister Nawaz Sharif received from his sons as ‘gift’.

Tareen and his children exchanged over Rs2.1 billion in the past six years while Nawaz Sharif received remittances worth some Rs1.16 billion from his elder son Hussain Nawaz Sharif as ‘gift’ since 2010.

Azid Nafees, counsel for Hanif Abbasi, who is seeking Tareen’s disqualification, argued before the SC on Wednesday that the petitioner wanted to know the reasons behind the gifts.

"Source of gifted amount either sent abroad or received here must be disclosed. We want to know where such a big amount is coming from — it could be a black money — Mr Tareen must prove legality of 'gifts exchanges'. How many times did Mr Tareen give funds as gifts to his children in the past six years,” Azid argued.

On this point, SC judges hearing case of Hanif Abbasi vs Jehangir Tareen also raised the same question; whether a child’s gifts to his father are legal?

The judges put this question before Sikander Bashir, counsel for Tareen, who told the court that he would respond to all queries after seeking instructions from his client.

It is also pertinent to mention here that the FBR disclosed that some 2,700 Pakistanis received Rs102 billion in gifts from abroad in the past two years.
 
I cant see this case lasting long, the case brought forward by Baboon league is too weak.
 
:omghaha: Hmmmmmmmmmm ubhee to party shuru huee ha.

I'm sorry, I thought PDF was an English forum, please reply in English.

So khattack , tahreen, mahmood qureshi , khar, Jatoi, sheikh chilii rasheed , fawad choudry, firdoush ashiq are new faces in politics. PTI is actually sister party of PPP and PML Q as all senior position in PTI held by them

20280642_1350478231717392_2174604424696324166_o.jpg


More than two billion rupees have been exchanged between Jahangir Khan Tareen and his children as ‘gifts exchanges’ during the past six years, the amount of money exceeding the amount Prime Minister Nawaz Sharif received from his sons as ‘gift’.

Tareen and his children exchanged over Rs2.1 billion in the past six years while Nawaz Sharif received remittances worth some Rs1.16 billion from his elder son Hussain Nawaz Sharif as ‘gift’ since 2010.

Azid Nafees, counsel for Hanif Abbasi, who is seeking Tareen’s disqualification, argued before the SC on Wednesday that the petitioner wanted to know the reasons behind the gifts.

"Source of gifted amount either sent abroad or received here must be disclosed. We want to know where such a big amount is coming from — it could be a black money — Mr Tareen must prove legality of 'gifts exchanges'. How many times did Mr Tareen give funds as gifts to his children in the past six years,” Azid argued.

On this point, SC judges hearing case of Hanif Abbasi vs Jehangir Tareen also raised the same question; whether a child’s gifts to his father are legal?

The judges put this question before Sikander Bashir, counsel for Tareen, who told the court that he would respond to all queries after seeking instructions from his client.

It is also pertinent to mention here that the FBR disclosed that some 2,700 Pakistanis received Rs102 billion in gifts from abroad in the past two years.

Good, Investigate him!!!!!!!

Oh and since we are investigating him, lets also investigate all the other leaders right?
Especially that have been in politics for 30 years


So what do you say?
Instigate all political parties ?
Something tells me that you will not like that :azn:
 
Disqualify AND punish him if he earned his wealth by means which Pakistan suffered.

But 1 thing is clear pmln's motto "is we will not say anything to you if you don't disturb us from doing corruption" i mean wow just wow bravo way to go sher!!!
 
PMLN should have replaced Abbasi with Siddique Baloch because no cause of action ever accrued to Abbasi, SC today correctly pointed out this. Given today's hearing, now the entire case hinges upon an offshore company, if JKT presents needful satisfactory enough, it'll be all over for Abbasi.
 
آپ نےآف شورکمپنی سےمتعلق ہمیں کچھ نہیں دیا،جسٹس عمرعطاکاحنیف عباسی کےوکیل سےمکالمہ

اگرآپ کےپاس اتنامواد نہیں ہےتوآپ نےآف شورکمپنی کا معاملہ کیوں اٹھایا؟ جسٹس عمر

اسلام آباد:پاناما کیس میں بھی یہی فیکٹس تھے، وکیل حنیف عباسی

اسلام آباد:پاناما کیس کے فیکٹس مختلف تھے، جسٹس عمر عطا

کچھ تسلیم شدہ چیزیں تھیں جو اس کیس میں موجود نہیں ہیں، جسٹس عمر

اس کیس میں آپ نے صرف ایک چینل کا انٹرویو دیا ہے، چیف جسٹس

انکم ٹیکس کم دیاتوجہانگیرترین جانیں یاانکم ٹیکس والے،ہمارےپاس یہ معاملہ نہیں،چیف جسٹس
 
$her is drowning and these are the final attempt to grasp some air for a breather.
 
This is clearly case of if we are going down, then we are going to take everyone to down as well.

Watch out, PTI. You may disband local accountability for allegedly exposing local corruption within the political party but not Supreme Court.

Although i maintained persistence stance on stability for years but had i known the chain of reaction in advance, i would have supported PTI in this case since this is leading to tackle some serious corruption that is not going to spare everyone including PPP and PTI i believe. :D
 
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