F.P. Report
ISLAMABAD: The Islamabad High Court (IHC) Wednesday sought a reply from the Federal Investigation Agency (FIA) in a petition of former SECP chairman Zafar Hijazi seeking quashment of record tempering case against him. Justice Mohsin Akhtar Kiyani heard the case.
During the course of proceedings, the counsel for Zafar Hijazi argued that his client was accused of pressurizing his subordinates to temper Chaudhry Sugar Mills record, but no such note signed by his client was found.
He said two inquiries related to the Chaudhry Sugar Mills were underway in Security Exchange Commission of Pakistan (SECP).
Inquiry regarding the allegation of money laundering was closed in May 2013, while further proceedings in inquiry about violation of Companies Ordinance was stopped after the reply submitted by Chaudhry Sugar Mills. However, file of the inquiry in the latter case was not closed. After hearing arguments from both sides, the court adjourned the case till Jan 19.
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