SC seeks Jahangir Tareen’s children's income tax returns, offshore company details

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2017-07-27T16:51:34+05:00

Islamabad (Staff Report): The 3-member Supreme Court bench headed by Chief Justice Mian Saqib Nisar and comprising Justice Umar Ata Bandial and Justice Faisal Arab hearing the disqualification case against Pakistan Tehreek-e-Insaf (PTI) Secretary General Jahangir Khan Tareen gave the respondent 10 days to submit income tax returns of his children as well as records of his offshore company.

PTI Secretary General submitted his reply to SC in a case pertaining to his disqualification.

Earlier today, the SC bench resumed hearing the disqualification case against Pakistan Tehreek-e-Insaf (PTI) Secretary General Jahangir Khan Tareen.

Pakistan Muslim League-Nawaz leader Hanif Abbasi's counsel began by presenting his arguments to the court. 

Justice Bandial, addressing Abbasi's counsel, observed that the petitioner has not provided any material regarding Tareen's offshore company.

On Wednesday, the bench had sought answers to five questions from Tareen’s counsel.

The questions are when was Jahangir Tareen's trust formed, when was the offshore company formed, who’s the legal and beneficial owner of the company, when and for how much was the offshore company formed, and how many times did he give funds as gifts to his children from 2002-17?

Abbasi had petitioned the apex court to disqualify Tareen and PTI Chairman Imran Khan for hiding their assets.

The petition alleges that Tareen owns offshore companies in the name of his children, shared gifts worth over Rs1.6 billion among family members, and is involved in insider trading in the shares of United Sugar Mills Limited in 2005.

Tareen was elected member of the National Assembly from NA-154, Lodhran in the 2013 General Elections.

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