SECP submits Hudaibiya Paper Mills' record to JIT
June 06, 2017
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has submitted the entire record of the Hudaibiya Paper Mills to the Joint Investigation Team (JIT) probing the Panama case, it emerged on Tuesday.
Sources said the entire record of all the businesses owned by Prime Minister Nawaz Sharif’s family was submitted to the JIT, which also investigated officers of the SECP.
Sources said that Finance Minister Ishaq Dar’s confessional statement regarding money laundering in the Hudaibiya Paper Mills is also part of the record.
Dar had recorded this statement before the district magistrate Lahore, Arif Nadeem, during Gen(retd) Pervez Musharraf’s presidency.
The finance minister dismissed claims of the confessional statement following Musharraf’s presidential era.
“I recorded the confessional statement under duress,” Dar had said.
Supreme Court to hear implementation case tomorrow
Meanwhile, the JIT, which met on Tuesday at the Federal Judicial Academy, has completed its interim report which it will present in front of the Supreme Court on Wednesday.
In its initial order, the court had instructed the JIT to submit progress reports every 15 days.
