JIT believes Ishaq Dar’s confessional statement on money-laundring was true

(FILE) In this photograph taken on June 23, 2008, Pakistani former prime minister Nawaz Sharif (R) talks with party leader Ishaq Dar after a court decision in Lahore. Pakistan vote winner Nawaz Sharif has picked a veteran finance minister to serve in his cabinet as Karachi stocks hit an all-time high on May 13, 2013, over hopes that his pro-business agenda can revive the economy. Sharif, who has sought to present himself as a pragmatist who can do business with the United States and improve relations with nuclear-rival India, won a resounding victory in landmark polls. PML-N spokesman Siddiqul Farooq told AFP the party had secured a "comfortable majority" at the national level and a "two-thirds majority" in Punjab province, where Sharif's younger brother Shahbaz would return as chief minister. Ishaq Dar, who served as finance minister in Sharif's second administration and again briefly in 2008, would return to the job, the spokesman said. AFP PHOTO/STR/FILES

The final report of Joint Investigation Team (JIT) has exerted that confessional statement of Federal Finance Minister Ishaq Dar discussing how he did money-laundering for the sharifs during 1990’s was based on facts.

The JIT also refuded the later claims by the federal finance minister that he confessed under pressure.

The final report states that the banking record, evidences and other statements by witnesses corroborated Dar’s affidavit.

The inquiry found out that Nawaz Sharif opened several fake accounts in 1992. All these accounts have been mentioned in Dar’s confessions.

Under the light of these newfound facts, the JIT recommends re-opening three references against Sharif Family including Hudaibiya Papers Mills, Hudaibiya Engineering.