PM and his family's assets beyond their known means, observes JIT


The joint investigation team has confirmed in its report that Prime Minister's daughter Maryam Nawaz Sharif is the actual beneficial owner of Nescol and Nielsen enterprises.

According to the 254-page report submitted in the apex court on Monday, Sharif family has failed to produce the money trail of their assets in London and means of income.

Along with the evidence, the report will consist of the statements of Prime Minister Nawaz Sharif; Punjab Chief Minister Shahbaz Sharif; the PM's children Hussain, Hassan and Maryam Nawaz Sharif; son-in-law retired Captain Mohammad Safdar; Prime Minister's cousin Tariq Shafi; friend Javed Kayani and Finance Minister Ishaq Dar, who is the father-in-law of the Prime Minister's younger daughter.

However, a senior Pakistan Muslim League-Nawaz leader Ahsan Iqbal said that the ruling party rejects the Joint Investigation Team's final report as "garbage", adding that the report lacks substance.

The top court took up the case in October previous year on petitions filed by Pakistan Tehreek-e-Insaf, Awami Muslim League and Jamaat-e-Islami and reserved the verdict in February after conducting hearings on a daily basis. We say so as the Supreme Court will not only thoroughly look into the JIT reports but also hear reservations raised by the affected party.

He said arch rivals of Nawaz Sharif were made part of the JIT.

Sharif, 67, who has denied money-laundering allegations against him and his family, today held consultations with his close aides after the report was filed with the court.

"The financial structure and health of companies in Pakistan having linkage to the Respondents also do no substantiate the wealth of the Respondents", it continued.

The six-member JIT, headed by Federal Investigation Agency (FIA) Additional Director General Wajid Zia, was given two months to find out answers to some 13 questions - mainly related to the money trail for the Sharifs' London properties - and a deadline of July 10 was set by the court. It also included representatives of the Inter-Services Intelligence and Military Intelligence.

However, PML-N leaders continue to claim innocence about the involvement of Sharif and his family members.

This is not the first time Sharif has faced such accusations.