JIT did not investigate owner London flats: Zia


ISLAMABAD April 16 (TNS): The trial court on Monday accepted a one-day exemption plea of former prime minister Nawaz Sharif and his daughter Maryam Nawaz after they could not make it to the court from Lahore due to inclement weather.

When trial court Judge Muhammad Bashir resumed hearing the case against the Sharif family in the Avenfield reference, Maryam Nawaz’s lawyer Amjad Pervaiz cross-examined Panama Papers Joint Investigation Team head Wajid Zia.

Nawaz’s son-in-law MNA Capt (retd) Safdar was present in court.

“The JIT decided not to include in its investigation the Arena company,” Zia informed the court during his cross-examination. This is not true that the JIT did not mention the company on malafide intention, Zia added.

The witness also stated that he cannot say in whose name bearer shares were issued after their cancellation. During the hearing, Zia informed the court that the JIT did not investigate who the owner of the London flats was before Nielsen and Nescoll offshore company purchased them. Zia claimed that the purpose of purchasing the flats via offshore companies was to hide the identity of the real owner.

In response to a question, the JIT head said Maryam’s link to the offshore companies was established through the letter of BVI officials, letters of FIA and Mossack Fonseca.