ISLAMABAD: The Supreme Court will announce the Panama Papers verdict on Sharif family’s offshore assets on Friday, the top court’s registrar has said.
According to the cause list issued on Thursday, the five judge bench headed by Justice Asif Saeed Khosa will announce the decision at 11.30am, which was reserved on July 21, in Court Room No.1.
The PM’s family was named in the Papers, which comprised 11.5 million documents, showing how some of the world’s most powerful people have secreted away their money in offshore holdings.
While two judges had recommended disqualification of Prime Minister Nawaz Sharif in their April 20 judgement, three other judges had recommended the formation of a joint investigation team (JIT) to probe the ruling family’s offshore investments.
In its report, the JIT on July 10 found the family of living beyond means, concealment of facts and being beneficial owners of multiple offshore companies and recommended initiation of reference against the PM and members of the ruling family in the National Accountability Bureau.
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