Wednesday, July 18, 2018

Reserves judgment: Panama case completed in Supreme Court


ISLAMABAD:(APS)Feb 23,2017-After both the defence and prosecution completed their arguments on Thursday, the Supreme Court said it would reserve its verdict on the Panamagate case and issue a detailed judgement.

“It seems ‘justice’ is whatever serves [each party’s] interests,” Justice Asif Saeed Khosa remarked as the arguments wound up.

“If a judgement is not in someone’s interest, they [will] say the judiciary is corrupt, or that maybe the judges aren’t fit to handle such cases,” he commented.

“And if a judgement benefits their own stand [on the issue], they will say there can be no better judge,” he added.

“We will decide this case only by the law; such that people will say, 20 years down the line, that this judgement was made by the book,” he concluded.

The case pertains to investments allegedly made by Prime Minister Nawaz Sharif and members of his family in Mossack Fonseca, an offshore investment company.

The investment came to light as part of a massive leak of secret files from a Panamanian law firm that is a specialised consultant dealing in the setting up of offshore companies in tax havens.

Data from the Panama Papers, available on the website of the International Consortium of Investigative Journalists (ICIJ) — which comprises around 100 news organisations and 300 journalists that worked on mining the data simultaneously — had revealed the offshore holdings of members of Prime Minister Nawaz Sharif’s family.

According to documents available on the ICIJ website, the PM’s children — Mariam, Hasan and Hussain — “were owners or had the right to authorise transactions for several companies”. • Free Website Templates - Downlaod Full Themes