Panama Case: Hussain Nawaz's counsel submits new paperwork in SC

Because the Supreme Courtroom’s listening to of the Panama case resumed on Thursday, the judges presiding on the case persevered of their efforts to establish whether or not or not Hussain Nawaz, Prime Minister Nawaz Sharif’s eldest son, is the proprietor of 4 flats situated in London’s upscale Park Lane neighbourhood.
“The place is the precise doc that reveals that Hussain Nawaz is the proprietor of the 4 London flats?” the five-member bigger bench of the apex court docket, exasperated by the repetitive arguments being superior earlier than it by each prosecution and protection attorneys, had requested the day earlier than.
The bench had additionally requested Salman Akram Raja, the counsel representing Hussain, to “present the court docket the related paperwork that reveal who paid Minerva Monetary Providers,” the holding firm for 2 off-shore entities that personal the flats in query.
In Thursday’s listening to, Raja submitted paperwork purporting to point out the companies rendered by Minerva Providers to the 2 firms, Nielsen Enterprises Ltd and Nescoll Ltd.
Paperwork purporting to point out the possession of the Park Lane flats in London have been additionally submitted earlier than the five-member bench.
The paperwork seem to point out the possession of the flats in query because the yr 2006, and state that the cost for the flats was made to Minerva Providers by Arrina Firm by way of Barclays Financial institution. The funds have been made to Minerva Providers in 2014, the paperwork state.
After submitting the paperwork, Raja instructed the court docket that Maryam Nawaz, PM Sharif’s daughter, had remained a trustee of the Minerva Monetary Providers Ltd between February and July 2006.
Registered shares have been issued in July 2006 and Minerva Providers had appointed administrators to Nielsen and Nescoll Ltd, the advocate added. The lawyer instructed the bench that in 2014, the shares have been transferred from Minerva to the trustee.
“Was the belief deed rendered out of date by the switch of shares?” Justice Ijazul Ahsan requested Raja. The choose was referring to a belief deed dated Feb 2, 2006, signed by Maryam Nawaz, exhibiting her as a trustee of the 2 off-shore firms.
“Even when Maryam Nawaz was a depending on her father, it doesn’t show that she is the proprietor of the London flats [owned by Nielsen and Nescoll Ltd],” the lawyer instructed the court docket.
“We are going to need to have a look at the funding for Hussain Nawaz’s costly properties in London’s posh space. If Maryam Nawaz was appearing because the consultant of her brother, then we are going to need to see these paperwork as properly,” the bench remarked.
In response, the lawyer referred the bench to a belief deed that was executed between Maryam and Hussain Nawaz.
“Plainly the paperwork launched by Mossack Fonseca have been ready by way of fraud, ” Advocate Salman added.
“Even Maryam Nawaz has mentioned her signature on the paperwork is faux,” he added.
He was referring to paperwork purporting to point out Maryam Nawaz’s involvement with Minerva Monetary Providers highlighted by German day by day, Süddeutsche Zeitung, in a tweet in January.
Maryam Nawaz’s counsel, Shahid Hamid, had argued earlier than the court docket that that signatures on the paperwork in query are faux.
“Paperwork submitted within the court docket exhibiting Maryam Nawaz is the helpful proprietor of the flats are faux,” the advocate claimed.
“Are you saying that the chain referring to the flats has been established?” Justice Khosa requested.
“Hussain Nawaz didn’t have funding to buy the london flats,” Justice Ijaz Afzal remarked.
The lawyer in response instructed the court docket Hussain Nawaz acquired the property in flip for the investments in Qatar.

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