The Supreme Court has released its written decision in the Bahria Town Payments Case, highlighting concerns about suspicious foreign funds being held in the top court’s account.
The court deems it a misdemeanor to keep such money without proper authorization. The written decision expresses disappointment over funds sent from abroad without the Supreme Court's permission.
The verdict criticizes the unnecessary involvement of the Supreme Court in funds seized by the National Crime Agency (NCA), suggesting that the seized money might be linked to criminal activities. The judgment includes notices to the senders of the foreign funds, with Mashreq Bank being the sole entity to offer an explanation for the transaction.
The judgment refers to the money as “Peter ko loot Kar Pal Ko Dene” and asserts that both the funds received from abroad and the profits earned should be remitted to the Government of Pakistan. Furthermore, the court declares Bahria Town insolvent due to its failure to meet installment payments, emphasizing that the company has defaulted on the consent agreement.
The written decision emphasizes Bahria Town's prolonged non-compliance with the consent order, citing a failure to deposit installments as per the agreement. The judgment concludes that there is no justification for keeping the money in the registrar's account, advocating for its transfer to the government of Sindh, asserting that the funds rightfully belong to the people of the province.
