Panama Papers verdict: Ex-chairman of Pakistan’s SECP sent to jail on 14-day remand for altering official records

Islamabad: Former chairman of the Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi was on Saturday 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 in July 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.

Representational image. AFP

Representational image. AFP

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

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