Ishaq Dar submits 'tax record for 34 years' in SC

Dunya News

A three-member SC bench resumed the hearing of Panamagate.

ISLAMABAD (Dunya News) – Federal Minister for Finance Ishaq Dar lawyer Tariq Hassan submitted his client’s tax record for 34 years in Supreme Court (SC) during the Panama implementation case proceeding today (Friday).

A three-member SC bench comprising Justice Ejaz Afzal, Justice Sheikh Azmat Saeed and Justice Ijazul Ahsan resumed the hearing of Panamagate during which Tariq Hassan presented his arguments. 

Justice Ijaz remarked you have brought such a big box, it will be under discussion on television channels for the remaining day whereas Justice Azmat asked the counsel that are you following Joint Investigation Team (JIT).


Also Read: SC opens volume 10 of Panama JIT report


Justice Ejaz said that it may lead to investigation against the finance minister, adding Ishaq Dar was involved in Huddaibiya Paper Mill and that he failed to satisfy JIT over which Tariq Hassan said that record was there but JIT did not consider it.

Justice Ijaz said that Dar’s assets have increased from 9 billion to 837 million in five years and asked about the pay of Dar as Sheikh Nahyan Mubarak’s advisor. It is illogical to say that Sheikh gave Dar 80 crore in this time period, he added.

Justice Ijaz questioned under what circumstances Ishaq Dar got contract over which Tariq Hassan gave an example, saying he earns Rs 2 lac as a lawyer.

Earlier on the behalf of Ishaq Dar, additional documents, along with letters from NAB and FIA were submitted in SC. Documents also included dispatches from Dubai’s Sheikh, bank returns and written answer to court’s observations.

The federal minister’s reply stated that his overseas income was merged with local assets, and that he neither gave any amount of money to Hill Metal Company nor received any.