Sharif family laundered Rs145m to evade taxes, claims Imran

Published: November 14, 2016

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Monday submitted documentary evidence against Prime Minister Nawaz Sharif and his family in the ongoing Panama Leaks case.

Submitted through Advocate Naeem Bokhari, the 686-page document claimed that the Sharif family has laundered a sum of Rs145 million since 1988 in order to evade taxes.

Maryam Nawaz still PM’s dependent, says PTI

Further, the counsel for the children of the prime minister was replaced with Akram Sheikh. Salman Aslam Butt was previously representing Maryam, Hussain and Hassan in the top court.

It was earlier reported that a senior lawyer belonging to the PML-N was not happy with the strategy of the PM’s legal team. He said that the team should have aggressively presented their case.

On Friday, PTI leaders pledged that they would submit more evidence in the Supreme Court, proving that Maryam Nawaz was still a dependent of her father in financial matters in the period during which their London properties were purchased.

Addressing a joint press conference at Bani Gala, PTI leaders Shah Mehmood Qureshi, Asad Umar and Jehangir Khan Tareen said: “Nawaz Sharif has claimed that he shored up funds in 2005 for his children to start businesses after selling a steel mill in a Gulf country. But the proof gathered by the PTI prove that offshore companies were registered by the family and millions of rupees were invested via these firms much before 2005,” Jehangir Khan Tareen said.

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Five apartments were purchased in the Mayfair area of London in 1993, 1995, 1996 and 2004 through three offshore firms, he said, adding that these properties were subsequently pledged to obtain loans. “This can be verified through the detailed judgment in the Al-Toufeeq case in the London High Court,” he maintained.

According to him, companies incorporated by the family in 2001-05 clearly mention one of the Mayfair flats as the residential address of Hasan Nawaz. He said that previous statements of Kulsoom Nawaz, Chaudhry Nisar and other PML-N leaders were on record in which they admit to the existence of these flats “years before 2005”.

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Reader Comments (6)

  • TK
    Nov 14, 2016 - 1:14PM

    My news feed for today:
    1) IK submits 668 pages ef evidence in SC regarding panama leaks issue.
    2) (So called)Sharif family changed their lawyer today. Now they will demand more time for the preparations of case. Recommend

  • F Khan
    Nov 14, 2016 - 1:35PM

    Give this solid proof of 145 M money laundering to SC. The case against the PM corruption is in SC.Provide proof to SC and stop this propaganda on the media. PTI also had election rigging proof but nothing came out of the judicial commission.Recommend

  • kyser
    Nov 14, 2016 - 2:36PM

    The whole Sharif family laundered Rs 14.5 crore in 28 years? means 50 lac per year!

    This is what you came up with, PTI!Recommend

  • Haji Atiya
    Nov 14, 2016 - 3:02PM

    Who prepared this 686 page document ? Was this done by a forensic audit team or did IK suddenly become a CPA amongst his other talents ?Recommend

  • Roussou
    Nov 14, 2016 - 10:08PM

    For heavens sake give us a space. In the face of the danger we are facing in the world, his one track mind is out of sync.Recommend

  • Jim Bo
    Nov 14, 2016 - 10:29PM

    @Haji Atiya:
    Just like most, speak whatever you want to say to others; don’t have to provide proof. In this case, Ik doesn’t have to prove to the readers, but the SC. What he can afford, you can’t.Recommend

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