ISLAMABAD: SECP has submitted records of the Hudaibya Paper Mills to the joint investigation team (JIT) probing allegations of money laundering by Prime Minister Nawaz Sharif’s family.
The JIT also examined a written statement from Qatar’s former prime minister, Hamad bin Jassim bin Jaber al-Thani, which he had sent in response to a letter from the JIT sent to him earlier this month.
Abid Hussain, SECP’s executive director had handed over the Hudaibya Paper Mills records to the JIT.
The paper mills case involve money laundering allegations against the prime minister’s family, and the records handed over to the JIT includes a confessional statement recorded by Finance Minister Ishaq Dar in 2000, in which he had ‘confessed’ to laundering Rs1.2 billion and opening fake bank accounts on behalf of the Sharif family. Mr Dar had later retracted the statement claiming that it was taken under pressure.
They said the SECP had also provided original reports of audited accounts of each fiscal year, reports on the financial health of the paper mills, details of taxes deposited with the exchequer and details of various transactions.