A three-member Supreme Court bench, headed by Chief Justice Iftikhar Muhammad Chaudhry, on Thursday directed Haris Afzal and Sheikh Afzal, the accused of the Bank of Punjab loan scam, to cooperate with the Salvage Committee.
Appearing on notice, Khawaja Tariq Rahim, counsel for Haris Afzal and Sheikh Afzal, again assured the court that all the amount would be settled. He said Sheikh Afzal and his family had agreed to settle the dispute with the Bank of Punjab regarding payment of the money they had taken from the bank.
Khawaja Haris Ahmed, counsel for the Bank of Punjab, told the court that the total amount due from Sheikh Afzal and his family was Rs 8.43 billion whereas they had so far shown their properties worth Rs 5.5 billion.
The court directed the Salvage Committee to carry out its work until all liabilities of the bank against the accused were fully settled.
Khawaja Haris complained that despite the court orders, Sheikh Haris Afzal, one of the accused and son of Sheikh Afzal, was not appearing before the Defence Housing Authority (DHA) team. The court directed Haris Afzal to cooperate with the committee and appear before the DHA team for the sale of his properties.
The court directed Tariq Rahim to send a written apology from Haris Afzal to Justice (retd) Syed Jamshaid Ali for levelling baseless and unfounded charges against him. The court also directed Khawaja Tariq Rahim to ask Haris Afzal to apologise to Uzair Bhindari for levelling unfounded charges against him as well.