Pak court indicts former chief of financial regulatory agency

A Pakistani court today indicted the former chief of the country's financial regulatory agency for tampering with records related to properties of ousted prime minister Nawaz Sharif's family.
Securities & Exchange Commission of Pakistan ex-chairman Zafar Hijazi was arrested after a report released by the Panama Papers case joint investigation team, probing Sharif and his family's wealth, alleged that the former SECP chairman had altered records related to Chaudhry Sugar Mills, owned by the Sharif family.
The charge-sheet read out against Hijazi said he had pressured his subordinates to change dates on documents related to the sugar mills.
Hijazi pleaded not guilty to the charges before the special court judge.

His lawyer was of the view that the statement taken from an SECP officer was not concrete but the prosecutor opposed this view. Subsequently, Hijazi was indicted.
The next hearing of the case will be on November 10, and witnesses will be notified for the trial.
Hijazi was arrested on July 21 by Federal Investigation Agency (FIA) after Supreme Court ordered to proceed against him. He was later granted bail.