Supreme Court docket resumes listening to of Panamagate Case after two weeks

The Supreme Court docket (SC) has resumed listening to of Panama case immediately (Wednesday) after a break of two weeks.
A 5 member bigger bench headed by Justice Asif Saeed Khosa is listening to the case.
Salman Akram Raja, the counsel of Hussain Nawaz and Hassan Nawaz is presenting his arguments.
Earlier, the listening to was adjourned as Justice Sheikh Azmat Saeed suffered a coronary heart downside.
Panama Papers, an enormous leak of over 11 million tax paperwork, on April three uncovered the key offshore dealings of world leaders and celebrities, together with Nawaz Sharif’s three kids.
The leaks declare that three of his kids personal offshore corporations and property not proven on his household s wealth assertion.
The businesses recognized to this point embody three British Virgin Islands-based corporations Nescoll Ltd, Nielsen Enterprises Ltd and Hangon Property Holdings Ltd, integrated in 1993, 1994 and 2007 respectively.
These corporations have been used to channel funds to accumulate overseas property, together with some flats alongside Park Lane in London s Mayfair space.
The insinuation that the businesses had been meant to cover or launder ill-gotten wealth or to keep away from taxes has known as Nawaz Sharif’s credentials into query.

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