Pakistan PM Nawaz Sharif's children may face seven years in jail

Panama Papers probe: Lawyers hold protests across Pakistan, demand PM Nawaz Sharif's resignation

Panama Papers probe: Lawyers hold protests across Pakistan, demand PM Nawaz Sharif's resignation

The counsel argued that the JIT derived results on the basis of a letter from the ministry of justice of UAE, adding that the investigation team did not ask question Hussain Nawaz regarding the letter.

The SC judge, who is part of a three-judge implementation bench, said the Government of Dubai has revealed that the documents of Gulf Steel Mills provided by the Sharif family were forged.

Raja read the letter of UAE before the court and argued that the UAE authorities had denied of having any record of Gulf Mills agreement and transfer of machinery to the country.

The Dubai-based legal firm, which was consulted by the JIT during its two-month long probe, submitted its report to the Supreme Court on Monday, a lawyer at the firm told Khaleej Times. The JIT report has noted some major discrepancies in the documents submitted by Sharif's children.

Addressing the media alongside other party leaders after the Supreme Court hearing, Sherry said it is sad how "they want to drag the case and send the case to the trial court so it can be delayed further". Raja responded that all arrears of the mill were paid off.

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Earlier this week, the bench heard arguments of the petitioners over the JIT report, submitted on July 10, and is now hearing the replies of the respondents.

The JIT said that it had collected evidence directly from the Jebel Ali Free Zone Authority (Jafza), the concerned regulator, which confirmed that Nawaz Sharif not only served as the head of the company's board, but also drew a salary of 10,000 dirhams between Aug 7, 2006 and April 20, 2014 - almost a year after assuming office.

Another judge of the top court, Justice Azmat Saeed Sheikh, observed it has been confirmed that Maryam is the beneficial owner of London flats.

Justice Ijaz remarked that if there's no evidence that a wrongdoing was committed then there is also no proof that the right thing was done.

According to JIT, the Prime Minister and his sons Maryam, Hussein and Hassan failed to justify assets, and it warned that 'there are significant disparities between known and declared income sources and accumulated wealth.' While the opposition groups Pakistan Tehreek-e-Insaf (PTI), Muttahida Qaumi Movement (MQM), Jamaat-e-Islami and the Awami Muslim League backed the document, both the Executive and the Muslim League-N disqualified it by considering that it has several contradictions.

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