Panamagate case: London flats were bought through Qatari investments, Sharif family tells SC

[PakSword]

Threshold seemigly is infinite. Shameless ones don't fear shame, NS and progeny area perfect examples.


Exactly what the court directed Sharifs to produce but they presented this letter. Problem with sharifs is that they don't have any legal trail to produce before the court, for them this letter is enough to asnwer all the questions.

Now I know where is this case going exactly. Money laundering regulations of UK require retention of financial records for 5 years only. Although banks retain the records but their responsibility ends after 5 years. I don't think any bank will have the transaction level data of 80s.

For Qatar, the whole country can produce the transfer statement on the requirement of this Prince. Case solved.

 

[LfcRed]

The PM says something else on the floor of the parliament and now backtracking to save his bare ***. The SC should not make it easy for them. The person vouching for them should be asked to appear in court and present documented proof of the PM's investment and transfer of funds. The above also doesn't mention when the flats were purchased or are they gonna backtrack of their previous statement that they were bought in 2006 coz there is evidence pointing the flats were bought in early 90's. The timing of the purchase can still contradict what has been said. And they need to show that the sale of the steel mill in jeddah and the gift by the Qatari prince all happened at the same time.

 

[Danish saleem]

what PTI present in court is that not shameful too?

a references of Books, and news Paper cuttings, they dont knew, these not have any value in front of Court as evidence!

and a reference of Book ,from asad kharal who's petition was already dismissed by court.

 

[El_Swordsmen]

Now it all depends on money trail & contradictions in shareef family's statements, as sheikh rasheed said NS can also present letter from Ghandi if this case prolongs ....

 

[Emmie]

Now I know where is this case going exactly. Money laundering regulations of UK require retention of financial records for 5 years only. Although banks retain the records but their responsibility ends after 5 years. I don't think any bank will have the transaction level data of 80s.

For Qatar, the whole country can produce the transfer statement on the requirement of this Prince. Case solved.

I don't know if this is the case, I'll have an expert opinion on it.

what PTI present in court is that not shameful too?

a references of Books, and news Paper cuttings, they dont knew, these not have any value in front of Court as evidence!

and a reference of Book ,from asad kharal who's petition was already dismissed by court.

They don't have direct evidence but at least PTI submitted what it had unlike Sharifs who claim to have all evidence but fail to submit everytime.

Now it all depends on money trail & contradictions in shareef family's statements, as sheikh rasheed said NS can also present letter from Ghandi if this case prolongs ....

That was a funny statement to make, entire court laughed.

 

[PakSword]

I don't know if this is the case, I'll have an expert opinion on it.



They don't have direct evidence but at least PTI submitted what it had unlike Sharifs who claim to have all evidence but fail to submit everytime.

https://www.eradar.eu/the-money-laundering-regulations-2007/

Main provisions
The Money Laundering Regulations 2007 cover credit institutions; financial institutions; auditors; insolvency practitioners; external accountants and tax advisers; independent legal professionals; trust or company service providers; estate agents; high value dealers; casinos.

They must undertake ‘due diligence on identifying and verifying customers using documents, data and or information as evidence and supplied by a reliable and independent source. Beneficial owners, such as shareholders with more than 25% holdings or voting rights must also be risk-assessed. Information must also be obtained on the purpose and intended nature of the relationship.

Where due diligence cannot be done, the business relationship must be terminated.

Ongoing customer monitoring must take place

Retention of records
Records must be kept for 5 years

 

[Emmie]

The prince must be pissed off on the letter going viral. While concluding the letter he specifically mentioned " this statement is private and confidential and cannot be used or disclosed to any party without my prior written consent, except to the benefit of the court."

 

[PakSword]

http://www.legislation.gov.uk/uksi/2007/2157/regulation/19/made

The prince must be pissed off on the letter going viral. While concluding the letter he specifically mentioned " this statement is private and confidential and cannot be used or disclosed to any party without my prior written consent, except to the benefit of the court."

Lolz. He must be thinking: Habitual zaleelon nay mujhay bhi zamanay bhar main zaleel karwadia

 

[Emmie]

https://www.eradar.eu/the-money-laundering-regulations-2007/

Main provisions
The Money Laundering Regulations 2007 cover credit institutions; financial institutions; auditors; insolvency practitioners; external accountants and tax advisers; independent legal professionals; trust or company service providers; estate agents; high value dealers; casinos.

They must undertake ‘due diligence on identifying and verifying customers using documents, data and or information as evidence and supplied by a reliable and independent source. Beneficial owners, such as shareholders with more than 25% holdings or voting rights must also be risk-assessed. Information must also be obtained on the purpose and intended nature of the relationship.

Where due diligence cannot be done, the business relationship must be terminated.

Ongoing customer monitoring must take place

Retention of records
Records must be kept for 5 years

So it's safe to assume Sharifs won't be able to produce any complete trail, legal or illegal. ?

 

[PakSword]

So it's safe to assume Sharifs won't be able to produce any complete trail, legal or illegal.

Yes, it's exactly like those votes on which the thumb impressions couldn't be verified. Now court will ask PTI lawyers if they have anything to prove contrary to what has been stated in this statement? Hamid khan will say: We have already provided everything. Court will then acquit Sharifs on insufficiency of evidences against them.

 

[Farah Sohail]

My only little(very little) hope rests on Sheikh Rasheed only... He is himself, pursuing the case better than the entire legal team of PTI... Pti legal team are full bunch of idiots.... Yeh zuroor imran khan ko le kar doobein ge, especially Hamid khan... He is a suspicious character... But then Imran khan is also responsible, for choosing and putting faith on such characters, whose loyalty to imran khan is very much doubtful..... If Imran khan, afterr all these yrs doesnt know, whom to trust, then he is directly responsible for whatever happens

Sheikh rasheed, is making the right noises in the court, without any lawyer.... I have hope, if any, from Sheikh Rasheed only.... I hope, Sheikh Rasheed is able, to make sharif family's lies, evident in Court, in next hearing... In next hearing, it will be decided, whether their will be comission or not... I hope, no comission is made, othewrise it will be a never ending case...

Next hearing will tell, where the case is heading...and whether Court will summon Qatari prince... Curt must summon him

Also Rauf Klasra has said, tht someone from London, has submitted documents related to panama case, to SC.....Now, it is to be seen, when SC summons tht person as witness.... But so far, SC hasnt said anything related to tht

 

[Emmie]

Yes, it's exactly like those votes on which the thumb impressions couldn't be verified. Now court will ask PTI lawyers if they have anything to prove contrary to what has been stated in this statement? Hamid khan will say: We have already provided everything. Court will then acquit Sharifs on insufficiency of evidences against them.

Technical justice again! Well it's not that easy, even if a forged trail is produced it won't be acceptible until the letter attains legality, for legality prince himself has to appear as witness and for cross examination. Kind of catch 22 situation.

 

[PakSword]

Technical justice again! Well it's not that easy, even if a forged trail is produced it won't be acceptible until the letter attains legality, for legality prince himself has to appear as witness and for cross examination. Kind of catch 22 situation.

There is no requirement of any trail bro. Qatar doesn't have any data retention requirements, UK doesn't have retention requirements. Even if Qatari prince attends the hearing through video link, he will say that he doesn't keep record of his transactions beyond certain number of years. Sharifs will say that only keep last 5 years of data as per the requirement of UK regulations.

The only hope is, when court questions the contradiction in statements. I don't know how NS will get out of what he said on the floor and submitted in the court. I think whatever you say on the floor is accepted as it is. Lying on the floor means direct disqualification. What do you say?

 

[El_Swordsmen]

“The Dubai factory, which was set up by my father in 1980, was later sold for $33 million whereas the Jeddah Steel Mills was also later sold in June, 2005 for $17 million,” he said adding the London flats were purchased from the proceeds of these two factories.

https://www.thenews.com.pk/print/120565-Story-of-Sharif-family-as-narrated-by-Nawaz-Sharif

 

[PakSword]

“The Dubai factory, which was set up by my father in 1980, was later sold for $33 million whereas the Jeddah Steel Mills was also later sold in June, 2005 for $17 million,” he said adding the London flats were purchased from the proceeds of these two factories.

https://www.thenews.com.pk/print/120565-Story-of-Sharif-family-as-narrated-by-Nawaz-Sharif

This is the statement that may end the career of NS. Ya Allah madad.