ISLAMABAD - The Supreme Court on Tuesday accepted the reference regarding nomination of members of the commission received from Justice (Retd) Syed Jamshed Ali, former judge of the apex court and chairman commission on written-off loans. A three-member bench comprising Chief Justice Iftikhar Mohammad Chaudhry, Justice Khilji Arif Hussain and Justice Tariq Pervaiz was hearing a suo moto case of the written-off loans. According to the report the State Bank of Pakistan had written off Rs 256 billion loans from 1971 to 2009. Iqbal Haider, counsel for State Bank of Pakistan, prayed the court that a charted accountant should be appointed in the Commission. The court, however, approved the names of Malik Muhammad Akram and Tabraiz Saeed Gardaizi as the members of the commission. The court said that Justice (Retd) Jamshaid had already turned down the proposal for charted accountant and had also furnished the written reasons of it. Additional Attorney General KK Agha said that nomination of commissions members is the prerogative of the chairman. The banks/DFIs are directed to immediately submit the entire record of all the written off, remitted, reversed and or waived off loans, advances or finance of Rs 2.5 million and above from 1971 to 1991, and Rs 25 million and above from 1992 to onwards, to the commission constituted by the Supreme Court in suo moto 26/2007 for its examination and consideration as to whether they were allowed without validity and justification, or because of political reason or consideration other than law or bona fide business considerations. All the banks/DFI are also directed to ensure the compliance of the instructions; provide all assistance and cooperation in the work of the commission and comply with any general or special instruction of the commission.