ISLAMABAD: Islamabad High Court (IHC) on Monday dismissed former Chairman of Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi’s plea to dismiss record tampering case against him.
On October 27, Hijazi was charged by the Special Judge Central Iram Niazi for record tampering of Chaudhry Sugar Mills owned by the Sharif family.
The allegations against Hijazi were levelled by former Joint Investigation Team (JIT) head Wajid Zia probing into the Panama Papers case. The Federal Investigation Agency (FIA) had requested Interior Ministry to put the name of the accused on the Exit Control List (ECL).
The court judge reviewing the details has ordered the trial to proceed with ongoing investigations against Hijazi.
SECP’s former chairman Hijazi has been accused of misconduct by passing illegal orders and pressuring his subordinates to do illegal acts. The inquiry committee recorded statements of 12 officers and found Hijazi guilty under Section 466, 472 of the Pakistan Penal code (PPC) read with 5 (2) Prevention of Corruption Act (PCA) 1947.
