اردو
  • Tareen’s children are beneficial owners of offshore firm, counsel tells SC

    Jahangir Khan Tareen Jahangir Khan Tareen

    Pakistan Tehreek-e-Insaf (PTI) general secretary Jahangir Khan Tareen on Thursday told the Supreme Court that his children were the beneficial owners of an offshore company.

    During the hearing of a plea by Pakistan Muslim League-Nawaz (PML-N) leader Hanif Abbasi seeking Tareen’s disqualification, the PTI leader’s counsel Sikander Bashir told the apex court that his client created a trust in 2014 and his four children, including three daughters were the beneficiaries of the trust deed.

    The counsel further told the top court’s three-judge bench, headed by Chief Justice of Pakistan (CJP) Mian Saqib Nisar, that over £3.5 million were contributed by his client as a gift to his children through banking channels and that the amount has also been shown in their wealth records.

    Later, the bench directed Bashir to submit the trust deed as well the tax returns of Tareen’s children, reflecting the complete record of gifts given to them by their father. Upon this, the counsel requested the bench to grant more time for submitting the relevant record.

    The CJP had observed on Wednesday that the apex court could not disqualify any parliamentarian on mere presumptions, saying the money was transferred via banking channels and the PTI leader paid taxes.