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The Supreme Court on Monday directed Haris Afzal, son of Sheikh Afzal, principal accused of Rs 9 billion Bank of Punjab loan scam to fulfil his commitment of transferring his movable and immovable properties to BoP within three days before the accountability court, when told the process was being delayed.
"No concession can be extended," observed Chief Justice Iftikhar Muhammad Chaudhry adding that however, we observe that the possession shall be taken without any harassment.A three-member bench of the apex court comprising Chief Justice Iftikhar Muhammad Chaudhry, Justice Chaudhry Ijaz Ahmed and Justice Ghulam Rabbani gave the directives while hearing a set of cases related to loan scam and postponed the hearing for today (Tuesday).
Haris Afzal son of Sheikh Afzal appeared before the court and said that he was ready to sign the General Power of Attorney in the name of Bank of Punjab. He however requested for delay in transfer of those properties, which according to him were in his residential use.

Copyright Business Recorder, 2010

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