News @ 3 - 15th December 2017

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N)’s leader Hanif Abbasi had filed a petition in the apex court in May this year, seeking disqualification of PTI chairman Imran Khan and another party leader Jahangir Tareen for tax evasion and concealing income sources.

The court was pleaded to declare both the PTI leaders ineligible to hold any office of a political party under the Political Parties Order 2002.

PML-N leader claimed that Jahangir misstated his income for the tax year 2010-11 and willfully and fraudulently concealed the fact that he owns an offshore company.

Whereas, Khan did not declare his offshore company – Niazi Services Limited (NSL) – in his statement of assets and liabilities submitted to the ECP in his nomination papers in the 2013 general elections.

NSL owned a flat at Draycott Avenue in London which he had purchased in 1984 and the flat remained undeclared until the Pakistan government announced an amnesty scheme in 2000.

The financial records submitted by Abbasi included details with regard to sale of Imran’s London apartment in 2004. Moreover, the documents did not have any mention of loan taken from Imran’s ex-spouse Jemima Goldsmith in connection with purchase of PTI chief’s Bani Gala residence.