Panama Case verdict to be announced tomorrow


The court asked Narasimha to file the seventh report of MAG within three days and took on record six reports filed in sealed cover with regard to the investigation in the black money cases. The hearing began in an open court and eventually the case was concluded and decision reserved on February 23. The judges come out in the open, if they want to discuss it.

"Imran Khan has clearly stated that we will accept the decision of the Supreme Court, but we believe that enough evidence has been presented to remove the prime minister and that a verdict should be reached that is based on the evidence", he said. "Our government and entire leadership are performing their duties as per routine", Talal Chaudhry, a prominent leader of Sharif's Pakistan Muslim League-Nawaz, told Geo Television.

Sharif, who is serving as premier for the third term, has lately come under enormous pressure from the opposition and the media after the Panama Papers were leaked previous year, which revealed that his two sons - Hassan Nawaz and Hussain Nawaz - and daughter Mariyam Nawaz owned offshore companies.

The other group in the PML-N was reportedly against going for early election.

It was also being said that this particular decision will go down in history due to its unique outcome.

On November 7, family of the premier filed replies in the top court and on November 14, PTI submitted evidence against the Sharif family.

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In 2014, Khan led a months-long protest that paralysed the government quarter in the capital, Islamabad, after rejecting Sharif's decisive election win a year earlier.

"We should complete our tenure no matter what the decision is". The case essentially seeks disqualification of 67-year-old Sharif over his alleged misstatement in his address to the nation on April 5 and his speech before the National Assembly on May 16, 2016.

The apex court was hearing the petition seeking a detailed court monitored investigation against the Indian offshore account holders and stock market regulators, whose names had been exposed in the Panama papers leak case.

But lawyers for Pakistani cricketer-turned-opposition-leader Imran Khan argue the paper trail for the funds is non-existent, and say the onus is on Sharif to prove his relatives did not engage in money laundering.

A plea has been filed by ML Sharma in Supreme Court demanding a thorough court probe into the case. A trove of 11.5 million digital records from the Panamanian law firm Mossack Fonseca previous year revealed how numerous world's wealthy used offshore companies to stash assets.