Supreme Court Investigates Foreign Accounts and Recovery of Looted Funds

PTBP Web Desk

The Supreme Court of Pakistan, led by Justice Aminud Din Khan, has called for detailed reports from the Federal Board of Revenue (FBR) and the Federal Investigation Agency (FIA) concerning undisclosed foreign bank accounts and the recovery of allegedly looted funds. This directive came during a session where the court was addressing numerous long-pending cases, demonstrating the judiciary’s commitment to tackling financial misconduct.

The constitutional bench, consisting of six judges, convened on Friday to handle a variety of cases. Among these, a critical focus was placed on financial irregularities:

Advocate Hafiz Ahsan, representing a petitioner, highlighted that amendments to the income tax law have been enacted, and actions regarding undisclosed foreign accounts are active through legal channels.

Justice Muhammad Ali Mazhar, part of the bench, noted that previous court orders had already mandated reports from agencies like FIA and FBR. He stressed the need for an update if there was any intention to close the case, subsequently adjourning it for two weeks.

A debate arose over the Supreme Court’s authority to initiate suo moto proceedings. Munir Paracha argued that post the 26th amendment, such powers were curtailed. However, Justice Mazhar clarified that while the procedure might have changed, the Court retains its power to take suo moto notice, with these matters now being handled by the Constitutional Bench.

Justice Mazhar emphasized that the Constitutional Bench could indeed take suo moto notice if deemed necessary, underscoring the judiciary’s role in upholding law without external influence.

The court addressed a contempt case against Yasmin Abbasi, the former federal ombudsman. The bench allowed time for her to file a reply, reflecting on her previous appearances and the current status of her position.

Discussions also touched upon the jurisdictional limits of the High Court in challenging the actions of federal bodies like the ombudsman.

In a lighter vein, the court disposed of a case regarding the private use of the Islamabad Convention Centre by the Pakistan Tehreek-e-Insaf (PTI). The court was assured that all expenses related to the event had been settled with the Capital Development Authority (CDA), prompting Justice Jamal Mandokhel to comment on adhering to institutional policies for public venues.

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