LAHORE: A special court on Friday indicted former Securities and Exchange Commission of Pakistan (SECP) chairman Zafar Hijazi over Chaudhry Sugar Mills’ record tempering.
Hijazi was taken into Federal Investigation Agency (FIA) custody earlier this year after registering a case against him on the directives of Supreme Court (SC).
A three-member bench of Joint investigation team (JIT) formed by the SC probing to Panama Papers case against the Sharif family’s assets where he found guilty for record tempering of the sugar mills.
The charge-sheet read that Hijazi had pressured his subordinates to change dates on documents related to the sugar mills.
However, Irum Niazi, counsel for Hijazi pleaded not guilty to the charges before the special court judge.
The counsel said “It is not fair and solid enough to run a trial on the basis of a single statement.” The statement was taken from an SECP officer, Maheen Fatima. Subsequently, Hijazi was indicted.
The court adjourned the hearing on Nov 10