Islamabad, July 29 (PTI): Former chairman of the Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi was today sent on a 14-day judicial remand by a court for allegedly altering official records presented for a probe in the Panama Papers case.
Hijazi was arrested by Federal Investigation Agency (FIA) earlier this month after a report released by the joint investigation team, probing Nawaz Sharif and his family’s wealth, alleged that the former SECP chairman had altered records related to Chaudhry Sugar Mills.
Hijazi was presented before the Senior Civil Judge Muhammad Shabbir after his three-day physical remand with the FIA ended.
The FIA requested the court for a further three-day physical remand which was contested by Hijazi’s counsel, Azid Nafees, who argued that his counsel had already been in FIA custody for seven days.
Rejecting FIA’s request, the court sent Hijazi to Adiala Jail on a 14-day judicial remand.
A case was registered against Hijazi on the orders of the Supreme Court after the three-member Panama Papers case implementation bench acted on the JIT report.
The ex-chief of SECP troubled started when it emerged during investigation of Panama case against Sharif that Hijazi was responsible for altering the details of record presented for the probe.
