Here’s Everything You Need to Know About Panama Case Decision

The Supreme Court of Pakistan constituted a five member bench to make a decision on the Panama Paper leaks and whether Prime Minister Nawaz Sharif and his family were eligible for government offices. Today, the bench released its final decision on the subject after a 60-day investigation from the SC appointed JIT.

It is now public knowledge that the decision came against the Sharif family. Members of the family have been disqualified and Nawaz Sharif has been forced to relinquish his office as the Prime Minister of Pakistan.


However, there’s more to the case and several points that did not make their way to the public. We have compiled a list of important findings and the judgement of the Supreme Court judges.

Here’s What You Need to Know

A list of important findings during the Panama case can be viewed by our readers below:

  1. The JIT collected enough evidence to prove that Nawaz Sharif, his dependents and benamidars own, possess and have acquired assets which are disproportionate to their known sources of income and they failed to account for these assets.
  2. Authentic documents of correspondence between Mr. Errol George, Director Financial Investigating Agency and the Anti-Money Laundering Officer of Mossack Fonseca & Co. (B.V.I.) Limited confirm that Maryam Nawaz is the beneficial owner of the Avenfield apartments.
    • This proves that the trustee document was fake
    • Use of Calibri font before its release is another circumstance through which it can be inferred that the documents were fake.
    • Narrative of Tariq Shafi regarding receipt of 12 million AED on sale of 25% shares of Ahli Steel Mills formerly known as Gulf Steel Mills is false
  3. Whatever has been mentioned in the Qatari letters is unverifiable as the person in question never confirmed it through a legal method before the JIT.
  4. Respondents failed to supply evidence regarding money trail.
  5. Differences between first Qatari letter and Tariq Shafi’s letter shows that neither are credible.
  6. Story about trail of money is seriously marred by inconsistencies surfacing in the statements of the respondents recorded by the JIT.
  7. No proof of transporting machinery from Dubai to Jeddah
  8. No explanation on how entire amount of 63.1 SAR million was used by Hussain Nawaz even though he was entitled to only 1/3rd of it.
  9. No evidence for the sources for the Hill Metal Establishment.
  10. Nawaz Sharif failed to disclose his assets with regards to being the Chairman of Capital FZE, enough to call for a disqualification. Disclosure was a must under Section 12(2)(f) of Representation of the People Act, 1976.
    • His point that he did not receive any salary is proven wrong by the Wage Protection System, under Ministerial Resolution No. (788) for 2009 on Wage Protection used by United Arab Emirates Ministry of Labour and Rules 11(6) and 11(7) of the Jebel Ali Free Zone Rules which says that all salaries are transferred electronically to all employees.
    • Any receivables are also assets and must be declared under law. Since Nawaz Sharif did not say that he cannot receive the salary that means it can be withdrawn later and is an asset.
  11. Assets of Hassan and Hussain Nawaz have grown manifold despite all of their businesses running in losses.
  12. Facts and figures show that inflows and outflows of Hill Metal establishment were also fabricated.

After considering the above mentioned points and listening to the defence and considerations of the defence, the judges came to the following conclusions:

  1. Prime Minister Nawaz Sharif has been disqualified as a Member of the Parliament with immediate effect. As a result of this, cabinet has been dissolved as well.
  2. Maryam Nawaz is liable to prosecution for forgery.
  3. Prime Minister Nawaz Sharif has been disqualified under Section 9(a)(v) of the National Accountability Bureau Ordinance, 1999 for not being able to justify his own and his family’s assets.
  4. Evidence reveals that a triable case under Section 9, 10 and 15 of the Ordinance will be made out against Nawaz Sharif and his children for the 16 offshore companies.
  5. A reference be filed against Ishaq Dar whose assets have increased from Rs. 9.11 million to 831.70 million.
  6. A reference will be filed against Nawaz Sharif, Maryam Nawaz, Hassan Nawaz, Hussain Nawaz, Captain Safdar for the Avenfield apartments. NAB will consider “the material already collected” which was obtained “during the course of investigations conducted earlier.”
  7. PM Nawaz Sharif is not honest under Section 99 of Article 62 because he hid his company in Dubai and furnished a false declaration under solemn affirmation. ECP has been directed to send a notification of disqualification.
  8. 2 references will be filed against Nawaz Sharif, Hassan Nawaz and Hussain Nawaz regarding Azizia Steel Company and Hill Metal Establishment.
  9. Another reference will be field against Ishaq Dar for possessing assets and funds beyond his income. Hence, he is disqualified from his government office.
  10. NAB is ordered to file more references if any new property is discovered.
  11. NAB has to file references within six weeks and Accountability Court shall complete the process in six months.
  12. If Accountability Court finds any documents which are fake or forged, then it will take appropriate action against the person.
  13. Chief Justice of Pakistan will appoint one of the five judges to look after the proceedings by NAB and Accountability Court.

For those who want to read the whole 25 page judgement, the official judgement document can be downloaded from here.

He is the Editor-in-Chief at ProPakistani. Reach out at aadil.s[at]

  • Abdul wahab pehli martaba judgement download karke parh raha ha phir comment karayga :)

  • Chalo koi na chalo koi gal nai, PP k 2 wazeer e azam na ehal hoe the last govt men inka aik ho gaya

  • ایک منفرد متفقہ فیصلہ: دو ججز نے پارلیمانی تقریر اور تین ججز نے اقامہ پر نااہلیت سنائی جبکہ مقدمہ لندن فلیٹس کا تھا

    • حضرت تھوڑی عقل استعمال کریں گے تو پتا چل جائے گا کہ نااہل ہونے کی وجہ یہی دولت ہے جس کا شریف فیملی کوئی جائز سورس پیش نہیں کر سکی. اور اس کے لیے نیب ریفرنسز دائر کرے گا

      • Hazrat, sabit nahe howa tabhi sabit karnay ky liye NAB bheja ha.

        Warna inn judges ky aqama wala fasla bata raha ha ky thora bhe sabit hota to …corruption pr latkatay.

    • اور دوسری بات شریف فیملی کئی چیزوں پر نااہل ہوتے ہیں. جیسا کہ لندن فلیٹ، اقامہ، ٹیکس چوری، منی لانڈرنگ، کرپشن وغیرہ وغیرہ

    • So you wished to get caught in Panama pants down? I salute your courage, may Allah grant your noble wishes and permanently disqualify whole of house of sharif on that score alone. Well dear, you have just received a slap on the wrist but you evidently seek more; so be it.

    • The way you have painted Imran’s face he looks chota mota gali ka dakoo…but wait a watch..just a few weeks from now ;)

  • Where are all the Noon Leagi supporters? Would you still defend Nawaz Sharif?
    I don’t support PTI or IK, but he does seem to be the best choice.

    All of PML-N supporters where right. Nothing is proven in court. But you guys need to understand, because it wasn’t proven in court where the wealth of Sharif family, and all those apartments and billions came from, IT MEANS THE WEALTH CAME FROM CORRUPTION AND FRAUD. If wealth comes from a genuine source, there’s no problem in revealing it. One evidence of Calibri can be wrong, not ALL. Not a single evidence provided by NS was admissible in court, as it was ALL FORGED.

    Lastly, we aren’t talking about a parchoon ki dukaan with no accountability of 2 rupees earned on a Peek Freans Rio biscuit. We’re talking about billions and trillions, for which there HAS to be a record and accountability, which the Sharif family was UNABLE to provide, hence it does PROVE beyond doubt that Sharifs ARE CORRUPT AND FRAUD.

    • Ni Bhai wo record bhhhht purana tha ab ni mlega. We used to get these kind of stupid replies from Noon supporters. Lets not forget Ali Salman, he’d be the first one to say this.

    • No shame is saying you support PTI…are you fearing something after a few weeks from now?

      A family in business since 1935 and in top industrialists families in 1972 (even before coming into politics) is corrupt then nobody is fair in Pakistan. They were asked to prove how they transferred wealth in 1980 to UAE and KSA, those who asked knew no such records could be produced but still they proved a lot. If you genuinely followed court’s hearing you must know they produced what was available from UAE, KSA.

      Do you even know what Hudabia paper mills case is? The only loan defaulting case against Sharifs. Did PTI prove any source of corruption, any scandal, any project from where money was made ? Sheikh Rashid was close to Nawaz, why he could not bring a strong case from 90s ? Why Musharaf failed to prove any corruption?

      Mentioning corruption day and night is nothing more than a cricket ground strategy to pressurize and influence…judges, generals and jantaa.

  • اب تو مجھے سو فیصد یقین ہو چلا کہ جو اس ملک کا قانون توڑے، آگ اور خون میں نہلائے، ملک کو آغیار کے حوالے کر دے وہ دنیا میں جہاں چاہے رہ سکتا ہے کمر درد کا بہانہ کر کے خوب ڈانس کر سکتا ہے، جو کراچی شہر کو خون میں نہلا دے ۳ دہائیوں سے اس کا کوئی بال بیکا نہیں کر سکتا۔ اور جو اپنی بیوی کو قتل کر صدر بن جائے اور جس کے دور میں آگ اور خون کی ہولی ہر جگہ کھیلی جاتی ہو جس کی سندھ میں اب بھی حکومت ہے اور کھل کر کرپشن ہو رہی ہے انہیں کوئی کچھ نہیں کہے گا۔
    ہاں اگر آُپ نے اس ملک میں ترقی اور خوشحالی کی راہیں کھولیں سی پیک جیسا بڑا منصوبہ لے کر آئے اور بھی سیکڑوں ترقیاتی منصوبے شروع کئے تو یہاں کی وہ عدلیہ جنہوں نے کسی دور میں مشرف سے پی سی او کے تحت حلف اٹھایئں ہیں وہ آپ کو “صادق اور امین” کی بنیاد پر ناہل کر دے گی۔

  • 80% of comments here are not on topic, I am sure no body reads full post here, only deadline..that is the reason writers also do many mistakes as they know only 5% are reading.

    Read silly off the topic comments…

    P.S My comments on topic are in this post.

  • This political instability is affecting over all business in our country..specially Real Estate Marketing like Star Marketing and construction sector never the less we hope this decision will bring harmony

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