ISLAMABAD: Acting Chief Justice Mian Saqib Nisar today ruled out any decision about Prime Minister Nawaz Sharif’s letter to the Supreme Court regarding formation of a judicial commission on Panama papers.

 Justice Nisar will serve as CJP during Chief Justice Jamali's stay in Turkey, where he will participate in the annual ceremony of the Turkish Constitutional Court. He is expected to return on May 1.

Refusing to make any comment on Panama leaks , which have put spotlight on offshore wealth of Sharif family and other Pakistanis, Justice Saqib Nisar said that Chief Justice Anwar Zaheer Jamali would decide about the commission on his return from Turkey.

 “The letter has been addressed to the permanent chief justice,” he told the media after being sworn in as Acting Chief Justice of Supreme Court

 The oath-taking ceremony was held at the Supreme Court of Pakistan where judges and senior lawyers were present.

 The oath was administered by Mr. Justice Asif Saeed Khan Khosa in a simple but dignified ceremony in the Supreme Court, Islamabad today.

 Justice Mian Saqib Nisar will act as Chief Justice of Pakistan during the period, Mr. Justice Anwar Zaheer Jamali, Chief Justice of Pakistan remains abroad. The Chief Justice will return to Pakistan on May 1.

 The acting CJP is of the view that a letter from the government regarding formation of the commission was sent to Justice Jamali, thus, only he will decide on the matter.

 Meanwhile, Registrar Supreme Court Arbab Arif has also confirmed that decision on a request made by the PML-N government for the formation of a judicial commission to probe the Panama Papers leaks will be taken after Chief Justice of Pakistan (CJP) Anwar Zaheer Jamali returns from his visit abroad.

 According to sources, the commission could seek assistance of any international audit firm and forensic experts for the investigation. The government will bear all the expenditures in this regard.

 The ceremony was attended by Judges of the Supreme Court of Pakistan, Chief Justice and Judges of Federal Shariat Court, Chief Justice and Judges of Islamabad High Court, Attorney General for Pakistan, Senior Lawyers and Officers of the Federal Judicial Academy and Law & Justice Commission of Pakistan.

 Arbab Muhammad Arif, Registrar, Supreme Court, conducted the proceedings of oath taking ceremony. Officers and staff of the Supreme Court of Pakistan were also present on the occasion.

 It is pertinent to mention here that the Commission of Inquiry shall have the following Terms of Reference: To examine information relating to involvement of Pakistani citizens, persons of Pakistan origin and legal entities in off-shore companies in Panama or in any other country.

 Involvement of former and present holders of public office in writing off their own bank loans or those of their immediate family members through political influence; Transfer from Pakistan of funds which have originated from corruption, commissions or kickbacks, and to determine whether, in any case referred to above, any law for the time being in force in Pakistan has been infringed.

In case the answer to above is affirmative, to determine responsibility for such infringement, and to make such recommendations as may be deemed appropriate; The Commission shall have powers under the Code of Civil Procedure, 1908 for summoning and enforcing the attendance of any person, including a tax expert or accountant, and examining him on oath, requiring the discovery and production of any documents, receiving evidence on affidavits, issuing commissions for the examination of witnesses on documents and requisitioning any public record or copy thereof from any Court or office.

  The Commission shall have the powers to require any person, subject to any privilege which may be claimed by that person under any law for the time being in force, to furnish information on such point or matters as, in the opinion of the Commission, may be useful for, or relevant to, the subject matter of the inquiry.

 Any officer not below the rank of a gazetted officer, specially authorized in this behalf by the President of the Commission may enter any building or place where the Commission has reason to believe that any books of account or other documents relating to the subject matter of the inquiry may be found, and may seize any such books of account or documents or take extracts or copies therefrom subject to the provisions of section 102 and section 103 of the Code of Criminal Procedure, 1898, insofar as they may be applicable.

 Any proceeding before the Commission shall be deemed to be a judicial proceeding within the meaning of sections 193 and 228 of the Pakistan Penal Code, 1860; The Commission shall be assisted by all the concerned authorities of the Federal and Provincial Governments; The Commission shall start the inquiry at a place and on a date to be fixed by it and shall submit its report to the Federal Government in accordance with its Terms of Reference