Imran Khan submits reply in SC over disqualification petition
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ISLAMABAD : Imran Khan in a written reply to Supreme Court has stated that the beneficial owner of an offshore company was not bound to declare it.
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Imran while justifying concealing his offshore firm took the plea that the shares were not registered in the name of the beneficial owner for offshore firms and so he did nothing wrong by not mentioning his offshore company Niazi Services.
Imran replied to a petition seeking his disqualification on the basis that he himself did not disclose his offshore company but his response can benefit his political rivals mainly Sharif family under scrutiny by the apex court pertaining to alleged Offshore firms owned by Maryam Nawaz.
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‘Even if one is absolute owner of an offshore company, one is not bound to declare the offshore company if the shares are registered in the name of proxy directors and not registered in the owner’s name’ Imran said in his response submitted in November.
