Panama case: Parliamentarian could lose seat over false details of assets, says PM's counsel

Panama case: Parliamentarian could lose seat over false details of assets, says PM's counsel
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Summary Nawaz Sharif's lawyer Makhdoom Ali Khan is presenting his arguments in the Panama Papers case.

ISLAMABAD (Dunya News) – Continuing his arguments in the Panama Papers case today (Friday), Prime Minister Nawaz Sharif’s lawyer Makhdoom Ali Khan argued before a five-judge Supreme Court bench that a parliamentarian could lose his/her seat over false details of assets.

He argued that there is no difference between Article 62 (1 F) and Section 99 of Representation of People Act.

Khan further stated that the court has disqualified several members under the Article 62 (1 F) in fake degree cases.

Earlier on Thursday, Nawaz Sharif’s counsel claimed that his client did not intentionally suppress any facts in his speech before the National Assembly on the Panama Papers issue, rather he gave a detailed summary about his family’s businesses set up by his father.

Justice Ijazul Ahsan recalled that the prime minister’s May 16, 2016 address to parliament was not an unplanned address, but a written speech.

Makhdoom Ali Khan emphasised that his client never owned any offshore company in the British Virgin Islands, or any other tax havens.


PANAMA LEAKS


Leaked documents from the Mossack Fonseca law firm in Panama this month showed Sharif’s sons Hassan and Hussain, and daughter Maryam, owned at least three offshore holding companies registered in the British Virgin Islands.

The International Consortium of Investigative Journalists, which studied the papers, said those companies had engaged in at least $25 million in property and acquisition deals.

The premier has maintained that his children have done nothing illegal, but opponents accuse the family of using the tax haven to launder stolen money and dodge taxes.