Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Tareen was found guilty for owing offshore accounts; however, he returned Rs70 million that he made through illegal means, the Securities and Exchange Commission of Pakistan (SECP) informed the apex court on Tuesday.
As the three-judge bench of the apex court, headed by Justice Mian Saqib Nisar is set to resume hearing in the case filed by PML-N’s leader Hanif Abbasi, seeking disqualification of the PTI general-secretary on Wednesday (today).
The SECP submitted the reply in reference to the Haneef Abbasi’s petition in the apex court wherein it was alleged that Jehangir Tareen bought the shares of offshore companies illegally and embezzled at least Rs 7 crore and 30 lacs.
The SECP, during the inquiry, said that Jahangir Tareen had admitted to making money illegally which he also later returned and faced a heavy fine for it.
SECP further asserted that it had performed its duties well and now an appropriate verdict should be delivered in Haneef Abbasi’s petition in the court.