No proof Nawaz owned Capital FZE: Zia

Khawaja Haris completes cross-examination of JIT head

ISLAMABAD: Joint Investigation Team (JIT) head Wajid Zia has said he did not obtain any proof that Nawaz Sharif was the owner of the Capital FZE.

During the hearing of Flagship reference against Sharif in the accountability court on Thursday, Zia said that he did not record statement of any witness who claimed that Sharif was the owner of Capital FZE.

On the fourth day of the hearing, Khawaja Haris, the counsel for Sharif, completed the cross-examination of the JIT head.

The two-member bench headed by judge Arshad Malik said the Panamagate JIT was like a cricket team, when they win they come together and when they lose they appear one by one.



Zia told the court that he contacted Jebel Ali Free Zone Authority (Jafza) to ascertain Sharif’s link with Capital FZE. However the entity did not provide anything that could prove he owned the company, he said.

It did not provide any document either which proved that Sharif has any shares in Capital FZE, he added.

According to Jafza documents, Zia said, Sharif was the chairman of board in Capital FZE. A chairman of the board could get involved in the loan transactions of the company, he said.

The JIT head said he did not show the part of financial statement that was relevant to the Capital FZE to Hassan Nawaz. Moreover, he had not asked for any explanation from Hassan about the notes on the financial statement.

It was true that nowhere in the JIT report it was mentioned that Hassan was not the owner of FZE, Zia said, adding that JIT in its final conclusion wrote that Capital FZE was established by Hasan. JIT had also written that Sharif kept receiving money from it.



To this, Haris raised objection and said “currently we are talking about Hasan Nawaz” adding that something about Sharif cannot be written with it. Haris said he would ask questions about Sharif as well. The members who had gone to Dubai had come back, he said.

Zia contended that copies of source documents obtained from Gorneca International are presented. The documents clearly labelled that these are the source documents.

Haris should point out if he has found any tampering in it, Zia stressed.

The use of word tampering here is not fair play, he said, adding that “if writing of tampering has become a matter of life and death for you, you can write it”.

The JIT head further said that it was wrong to say that photocopies with the report were presented to mould the facts.

Zia told the court that according to documents Sharif remained employee of Capital FZE from 2006 to 2014. In one of them his designation is mentioned as manager marketing, in other two employment agreements he was named as chairman board.

When Sharif attended the JIT, he was not asked about the UAE visa, Zia said. He applied for visa on June 18, 2006 on the basis of employment in the Capital FZE. His date of employment was August 7, 2006.

In the visa application his employment was mentioned as managing director. In the other two documents he is shown as chairman of board.

Harris will continue cross-examination on other aspects of the reference today (Friday).