SC to announce verdict of Imran, Tareen disqualification case tomorrow

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PTI Imran Khan, Jahangir Tareen disqualification case verdict

ISLAMABAD: The Supreme Court will announce verdict in the disqualification case against Pakistan Tehreek-e-Insaf (PTI) Chairperson Imran Khan and Secretary General Jahangir Tareen on Friday (Tomorrow).
The apex court had reserved the verdict against the two PTI leaders on Nov 14. The decision is likely to be announced at 2 PM Friday.
The case is being heard by Chief Justice of Pakistan Justice Saqib Nisar who heads the three-member bench.
On Oct 18, the chief justice had announced that the verdict of both the cases will be given together.
The petition, filed by Pakistan Muslim League-Nawaz leader Hanif Abbasi, seeks Tareen and PTI Chairman Imran Khan’s disqualification for the non-disclosure of their assets and ownership of offshore companies.
Abbasi had filed the petition in November last year. It accused the PTI leaders of not declaring their assets to the Election Commission of Pakistan and violations of the lncome Tax Ordinance, 1979 and Peoples Act, 1974. It also claimed that the PTI is a ‘foreign-funded’ party.
In the earlier hearings, the court observed while hearing Tareen’s case, that he is is the beneficial owner of the offshore company, Shiny View Ltd.
Justice Umar Ata Bandiyal noted that it is clear in the trust deed submitted by Tareen that there are two lifetime beneficiaries of the trust.
During the hearing on November 9, the chief justice observed that Tareen has already served his punishment according to the law.
Attorney General Ashtar Ausaf Ali presented his arguments before the bench, saying Tareen’s counsel challenged two sections of the Securities and Exchange Commission of Pakistan (SECP) act.
He added that the fine imposed on Tareen by SECP in 2008 for insider trading has been submitted in the national kitty and there is no point objecting to the law after 10 years.
Tareen also provided the court the trust deed regarding a 12-acre property he owns in the United Kingdom.
The case against Imran is related to the bank account detail of his offshore company, Niazi Services Limited.

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