ahlam1399
06-09-2017, 04:07 AM
Interrogated for five and a half hours
ISLAMABAD: Hassan Nawaz, the younger son of Prime Minister Nawaz Sharif, appeared before the Joint Investigation Team (JIT) on Thursday for the second time and recorded his statement during the investigation that lasted for almost five-and-a-half hours.
The JIT made a change in its schedule and asked Hassan Nawaz to appear before it on Thursday. Earlier, he was summoned to appear before the probe body on June 10. Hassan Nawaz first appeared before the JIT on June 2 and was questioned by the probe team for around seven hours.
Hassan Nawaz, while leaving the Federal Judicial Academy after recording his statement before the JIT, waved his hand in response to the slogans raised by the workers of the Pakistan Muslim League (PML-N)
"The JIT mainly focused on the companies set up by Hassan Nawaz in the United Kingdom and sought their financial record, in particular reference to two dubious transactions worth Rs1.439 billion made by the Chaudhry Sugar Mills with the counter party on the other side of the transaction based in the UK," the sources said.
The sources said the JIT sought the record of companies -- Flagship Investment Limited and its subsidiaries Flagship Securities Limited and Flagship Developments; Que Holdings Limited and its subsidiaries Quint Paddington Limited and Quint Gloucester Place Limited; and Hardstone Properties Limited -- including bank transactions, financial statements and tax details.
They said the JIT's members also thoroughly reviewed the record of the investigation carried out by the Security and Exchange Commission of Pakistan (SECP) into the case of alleged money laundering worth Rs1,439 billion by the Chaudhry Sugar Mills owned by the Sharif family.
"Two officials of the SECP -- Director Corporate Supervision Department Abid Hussain and Director Internal Audit Maheen Fatima -- presented the record of the investigation starting from August 2011 into the export sales worth Rs1.439 billion of Chaudhry Sugar Mills that were suspected to be used as a medium to launder the outcome of concealed fraudulent activities in the disguise of regular and legitimate business activities. The record also contained thirteen letters and emails shared between the SECP and the British authorities during the investigation of this case," the sources said.
According to the official record, then Director Enforcement Maheen Fatima of SECP sent a letter to the United Kingdom Central Authority on August 1, 2011 to get the official record about various companies set up in the name of Hassan Nawaz.
In this letter, the SECP raised questions with the UK Central Authority "whether there had been identified in certain money laundering transactions reported or identified or investigated regarding Hassan Nawaz Sharif, UK Companies and whether Hassan Nawaz Sharif was named an individual suspected in the transactions."
The SECP also requested for list of assets/properties held directly or beneficially by Hassan Nawaz and details whether any criminal and or legal proceedings were initiated against him or the directors of his UK based companies.
The JIT also collected the record of loans taken by the Sharif family from nine banks showing the total receivable amount of National Bank of Pakistan (NBP) from the Sharif family by December 2011 was Rs2.31 billion, Habib Bank Rs336 million, United Bank Rs343 million, Muslim Commercial Bank Rs456.1 million, First Punjab Modarba Rs202 million, Bank of Punjab Rs95 million, Zarai Taraqiati Bank Limited Rs60 million, NIB (formerly PICIC) Rs27 million and ICBP Rs8 million.
The SECP has previously provided the record of Hudaibya Paper Mills to the JIT along with a handwritten statement of Finance Minister Ishaq Dar, given before a magistrate back on April 25, 2000, in which he alleged that the Sharif brothers used the Hudaibya Paper Mills as a cover for money laundering during the late 1990s.
In this 43-page statement, Ishaq Dar said, “I opened two foreign currency accounts in the name of Sikandara Masood Qazi and Talat Masood Qazi with the foreign currency funds provided by the Sharif family in the Bank of America.
"A previously opened foreign currency account of Saeed Ahmed, a former director of First Hajvari Modaraba Co. and close friend of Dar, and of Musa Ghani, the nephew of Dar's wife, were also used to deposit huge foreign currency funds provided by 'the Sharif family'," it said.
The statement said an amount of $3.725 million in Emirates Bank, $8.539 million in Al Faysal Bank and $2.622 million were later transferred in the accounts of Hudaibya Paper Mills.
Khawaja Asif, who was detained after the military coup in 1999 with other members of the Pakistan Muslim League (PML-N) including Ishaq Dar, stated 'Ishaq Dar was held at his house till Feb, 2000, and subjected to interrogation multiple times during this period...On the morning of February 8 or 9, 2000, I met him [Dar], he had lost more than 30 pounds of weight...Ishaq Dar was detained for 23 months...A person always used to point a gun at us, even when we went to do ablution or for a walk. Dar was among those who were subjected to extreme psychological torture."
The sources said the JIT asked Hassan Nawaz about the details of his business and companies in the United Kingdom and he produced the relevant data having all financial record along with details of tax he had paid on his earning and property.
"The JIT again asked questions from Hassan Nawaz about the London Mayfair Flats about which he stated in his television interview in 1999 to the BBC that he knew **thing about the ownership of these flats," the sources said.
The JIT will investigate Hussain Nawaz today (Friday) who will appear and record his statement in the context of the Panama Leaks case.
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ISLAMABAD: Hassan Nawaz, the younger son of Prime Minister Nawaz Sharif, appeared before the Joint Investigation Team (JIT) on Thursday for the second time and recorded his statement during the investigation that lasted for almost five-and-a-half hours.
The JIT made a change in its schedule and asked Hassan Nawaz to appear before it on Thursday. Earlier, he was summoned to appear before the probe body on June 10. Hassan Nawaz first appeared before the JIT on June 2 and was questioned by the probe team for around seven hours.
Hassan Nawaz, while leaving the Federal Judicial Academy after recording his statement before the JIT, waved his hand in response to the slogans raised by the workers of the Pakistan Muslim League (PML-N)
"The JIT mainly focused on the companies set up by Hassan Nawaz in the United Kingdom and sought their financial record, in particular reference to two dubious transactions worth Rs1.439 billion made by the Chaudhry Sugar Mills with the counter party on the other side of the transaction based in the UK," the sources said.
The sources said the JIT sought the record of companies -- Flagship Investment Limited and its subsidiaries Flagship Securities Limited and Flagship Developments; Que Holdings Limited and its subsidiaries Quint Paddington Limited and Quint Gloucester Place Limited; and Hardstone Properties Limited -- including bank transactions, financial statements and tax details.
They said the JIT's members also thoroughly reviewed the record of the investigation carried out by the Security and Exchange Commission of Pakistan (SECP) into the case of alleged money laundering worth Rs1,439 billion by the Chaudhry Sugar Mills owned by the Sharif family.
"Two officials of the SECP -- Director Corporate Supervision Department Abid Hussain and Director Internal Audit Maheen Fatima -- presented the record of the investigation starting from August 2011 into the export sales worth Rs1.439 billion of Chaudhry Sugar Mills that were suspected to be used as a medium to launder the outcome of concealed fraudulent activities in the disguise of regular and legitimate business activities. The record also contained thirteen letters and emails shared between the SECP and the British authorities during the investigation of this case," the sources said.
According to the official record, then Director Enforcement Maheen Fatima of SECP sent a letter to the United Kingdom Central Authority on August 1, 2011 to get the official record about various companies set up in the name of Hassan Nawaz.
In this letter, the SECP raised questions with the UK Central Authority "whether there had been identified in certain money laundering transactions reported or identified or investigated regarding Hassan Nawaz Sharif, UK Companies and whether Hassan Nawaz Sharif was named an individual suspected in the transactions."
The SECP also requested for list of assets/properties held directly or beneficially by Hassan Nawaz and details whether any criminal and or legal proceedings were initiated against him or the directors of his UK based companies.
The JIT also collected the record of loans taken by the Sharif family from nine banks showing the total receivable amount of National Bank of Pakistan (NBP) from the Sharif family by December 2011 was Rs2.31 billion, Habib Bank Rs336 million, United Bank Rs343 million, Muslim Commercial Bank Rs456.1 million, First Punjab Modarba Rs202 million, Bank of Punjab Rs95 million, Zarai Taraqiati Bank Limited Rs60 million, NIB (formerly PICIC) Rs27 million and ICBP Rs8 million.
The SECP has previously provided the record of Hudaibya Paper Mills to the JIT along with a handwritten statement of Finance Minister Ishaq Dar, given before a magistrate back on April 25, 2000, in which he alleged that the Sharif brothers used the Hudaibya Paper Mills as a cover for money laundering during the late 1990s.
In this 43-page statement, Ishaq Dar said, “I opened two foreign currency accounts in the name of Sikandara Masood Qazi and Talat Masood Qazi with the foreign currency funds provided by the Sharif family in the Bank of America.
"A previously opened foreign currency account of Saeed Ahmed, a former director of First Hajvari Modaraba Co. and close friend of Dar, and of Musa Ghani, the nephew of Dar's wife, were also used to deposit huge foreign currency funds provided by 'the Sharif family'," it said.
The statement said an amount of $3.725 million in Emirates Bank, $8.539 million in Al Faysal Bank and $2.622 million were later transferred in the accounts of Hudaibya Paper Mills.
Khawaja Asif, who was detained after the military coup in 1999 with other members of the Pakistan Muslim League (PML-N) including Ishaq Dar, stated 'Ishaq Dar was held at his house till Feb, 2000, and subjected to interrogation multiple times during this period...On the morning of February 8 or 9, 2000, I met him [Dar], he had lost more than 30 pounds of weight...Ishaq Dar was detained for 23 months...A person always used to point a gun at us, even when we went to do ablution or for a walk. Dar was among those who were subjected to extreme psychological torture."
The sources said the JIT asked Hassan Nawaz about the details of his business and companies in the United Kingdom and he produced the relevant data having all financial record along with details of tax he had paid on his earning and property.
"The JIT again asked questions from Hassan Nawaz about the London Mayfair Flats about which he stated in his television interview in 1999 to the BBC that he knew **thing about the ownership of these flats," the sources said.
The JIT will investigate Hussain Nawaz today (Friday) who will appear and record his statement in the context of the Panama Leaks case.
http://feeds.feedburner.com/~r/com/cwEr/~4/Hoh8dc-YVuM
أكثر... (http://feedproxy.google.com/~r/com/cwEr/~3/Hoh8dc-YVuM/209579-Hassan-appears-before-JIT-second-time)