Summary The money for $8 million debt was also paid by Al-Thani family to Al-Taufiq Company
ISLAMABAD (Dunya News) – As the proceedings of Panamagate case gets underway, significant progress was witnessed when Sharif family presented the money trail in Supreme Court.
The money trail was submitted in Supreme Court by children of the Prime Minister of Pakistan.
The money trail submitted by Maryam Nawaz reveals that after the certificates of off-shore companies received from Al-Thani family, she was entitled as the trustee.
In addition, the money for $8 million debt was also paid by Al-Thani family to Al-Taufiq Company.
The initial certificates of the company were cancelled in 2006 and also in that year, the new steel mill business was initiated.
Hussain Nawaz has also revealed that he used to send money to his father out of the earnings from this steel mill.
It was further revealed in the reply submitted in court that investment for Jeddah Steel Mills was financed by Mian Muhammad Sharif.
On the other hand, Hussain Nawaz has also submitted the new affidavit of Tariq Shafi in Supreme Court.
It has been mentioned in the affidavit by Tariq Shafi that he deposited money to Fahad bin Jasim, who was based in UAE at that time, as he was asked to do so by Mian Muhammad Sharif.
