Pakistan News Service

Tuesday Jul 17, 2018, Zul-qaadah 4, 1439 Hijri
Logo Logo
Pakistan News Home -> Tribune Corner -> News Details

Five-day interim bail given to SECP Chairman

18 July, 2017

  Related News  
Five civilians injured in AJK by Indian troops unprovoked shelling
Pak Army announced Operation Khyber-4 RuF in Khyber Agency
  More on this View All

ISLAMABAD: A special court in Islamabad on Monday granted five-day interim bail to Securities and Exchange Commission of Pakistan (SECP) Chairman Zafar Hijazi, who faces charges of tampering with the records of Sharif family’s companies.

The SECP chairman was granted interim pre-arrest bail until July 21 by Special Court Central, Islamabad. Earlier, Hijazi was granted a transitory bail till July 17 by the Islamabad High Court against surety bonds of Rs10,000. While granting the transitory bail till July 17, IHC’s Justice Mohsin Akhtar Kayani had advised the SECP head to approach the appropriate forum – the Special Court Central. The bail request was submitted by Hijazi’s counsel, Sheikh Zameer Hussain, who cited his 64-year-old client’s medical condition including a kidney transplant and diabetes mellitus type-2 that would make his detention injurious to his health.

The joint investigation team (JIT) – probing into Sharif family’s offshore assets in line with the apex court’s April 20 verdict in Panamagae case – had earlier alleged that the SECP tampered with records of the sugar mills owned by the Sharif family. The Supreme Court’s three-judge special bench – overseeing implementation of the Panamagate verdict – had later directed the Federal Investigation Agency (FIA) to probe the allegation and Hijazi and some other senior SECP officers appeared in this connection before a four-member FIA team last week.

 What do you think about the story ? Leave your comments!

Heading (Optional)
Your Comments: *

Your Name:*
E-mail (Optional):
City (Optional):
Country (Optional):
Field marked(*) are mandatory.
Note. The PakTribune will publish as many comments as possible but cannot guarantee publication of all. PakTribune keeps its rights reserved to edit the comments for reasons of clarity, brevity and morality. The external links like http:// https:// etc... are not allowed for the time being to be posted inside comments to discourage spammers.

  Speak Out View All
Military Courts
Imran - Qadri long march
Candid Corner
Exclusive by
Lt. Col. Riaz Jafri (Retd)
Pakistan itself a victim of state-sponsored terrorism: Qamar Bajwa
Should You Try Napping During the Workday?
Suggested Sites