Islamabad (Staff Report): Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan on Monday submitted more documents in the Supreme Court in connection with the disqualification petition against him.
A three-member bench of the apex court, headed by Chief Justice of Pakistan Mian Saqib Nisar, resumed the hearing of Pakistan Muslim League’s Nawaz (PML-N) leader Hanif Abbasi’s plea seeking Imran’s disqualification for not disclosing the existence of his offshore assets and firms.
According to the details provided in Khan's latest statement submitted in the SC, he was initially informed by the directors and shareholders of Niazi Services Ltd. (NSL) in 2003 that approximately 100,000 pounds had been retained by NSL for legal costs after a County Court decision against them in United Kingdom.
However, after an appellate court decision in their favour, NSL transferred 40,000 pounds to his account in May 2014. The amount "was not recalled earlier" by Khan and his tax consultants, which is why the court had not been informed of it, he said today.
Furthermore, 42,456 euros were remitted to him after NSL reached a settlement with the tenant of the London flat in two installments in 2007 and 2008.
The 40,000 pounds were declared to the Federal Board of Revenue (FBR) and Election Commission of Pakistan (ECP) since Khan was an MNA in the period. However, the 43,456 euros amount was only declared to the tax authorities and not to the ECP because the PTI chief had ceased to remain the MNA in 2008.