A joint investigation team (JIT) report submitted in the Supreme Court has held the Zardari and Omni groups responsible in the mega money laundering and fake accounts case.

A two-judge bench headed by Chief Justice of Pakistan Justice Mian Saqib Nisar heard the suo motu case at the SC's Lahore registry on Monday and issued a notice to the Pakistan Peoples Party (PPP) co-chairperson. On December 19, the JIT probing the case had submitted a detailed report in the SC.

During the hearing, the chief justice remarked, Household expenses of Zardari and Bilawal was paid through these companies. "Zardari and Bilawal's heater bills and even the money spent on their dogs was paid by someone else," he added.

Further, the Chief Justice linked Omni Group properties with the court decision. "These properties will be seized," the chief justice said and adjourned the hearing till December 31.

The Chief Justice of Pakistan Justice Mian Saqib Nisar said that he will not forgive those involved in receiving kickbacks worth billions of rupees.

As the hearing went under way, the Supreme Court directed that a projector be setup in the courtroom and the chief justice remarked, “The summary of JIT report will be played in open court on a projector.” 

Turning to Omni Group counsels Muneer Bhatti and Shahid Hamid, Justice Nisar said, “It seems that Omni Group owners are still sitting on high horses.”

“They have looted billions of rupees of the nation and are still engaging in mischief,” he added. “It seems that they will have to be shifted elsewhere from Adiala jail.”

Justice Nisar continued, “There will be no mercy for Anwar Majid.”

“You are a counsel and are taking fees. We will hear you, but we have to make a decision,” the top judge further said.

Turning to Pakistan Peoples Party co-chairperson’s counsel, Farooq H Naek, the Chief Justice said, “It is a matter of billions of rupees and we will not forgive. We cannot pardon those who looted billions and are now engaging in mischief.”

Speaking to the media after the hearing, Zardari's counsel said, "The case will be heard in Islamabad on Monday."

"The JIT has presented its report in the Supreme Court but I have not read it as yet so cannot comment," Naek added. "We will be given the JIT report tomorrow," he added.

On December 19, the JIT probing the case had submitted a detailed report in the SC.

The JIT that has been investigating the fake accounts recommended a legal course against some 415 key individuals and around 172 entities allegedly involved in transactions of approximately Rs220 billion through 104 fake accounts.

The JIT recently observed that either the investigation would be further referred to banking courts, NAB, FIA or it was up to the apex court to decide based on the JIT findings. The report also revealed a domestic worker of Zardari, with an estimated fortune of around Rs8.1 billion stashed into one of his fake accounts. Mushtaq Ahmed, 37, who once served as one of personal staff members of Zardari accumulated the wealth with Zain Malik through a joint fake account maintained in a private bank in Karachi during 2014-15, the report stated.

The FIA is investigating 32 people in relation to money laundering from fictitious accounts, including Zardari and Talpur. Zardari’s close aide Hussain Lawai was arrested in July in connection with the probe.

The former president’s other close aide and Omni Group chairman Anwar Majeed a close aide and Omni Group chairman and his son, Abdul Ghani, were arrested by FIA in August.

Over 20 ‘benami’ accounts at some private banks were opened in 2013, 2014 and 2015 from where transactions worth billions of rupees were made, according to sources.

The amount, according to FIA sources, is said to be black money gathered from various kickbacks, commissions and bribes.

A banking court on Friday extended the interim pre-arrest bail of former president Zardari and his sister Faryal Talpur till January 7 in the ongoing money laundering case.