Court sends ex-SECP Chairman Zafar Hijazi to Adiala jail on 11-day judicial remand

A session court in Islamabad on Saturday ordered to send Securities and Exchange Commission of Pakistan (SECP) former chairman Zafar Hijazi to Adiala jail on 11-day judicial remand.

Hijazi is facing charges of tampering with records of Chaudhry Sugar Mills owned by Sharif family.

As per details available, Federal Investigation Agency (FIA) presented Hijazi in session court and requested to extend physical remand of Hijazi by seven days. Hijazi's counsel presented arguments against FIA and alleged that Hijazi had already spent seven days under physical remand.

Court rejected FIA's plea and sent him to Adiala Jail on seven-day judicial remand.

It should be recalled that joint investigation team (JIT), constituted by Apex Court to probe Sharifs’ offshore assets, had found Hijazi guilty of tampering with the records of companies owned by the Sharif family, and has recommended registering a First Information Report (FIR) against him.