ISLAMABAD: Court on Saturday has handed over Security & Exchange Commission of Pakistan Chairman Zafar Hijazi to Federal Investigation Agency (FIA) on four-day physical remand in Chaudhry Sugar Mills record tampering case.

According to detals, four-member medical board will meet shorlty for medical examination of Hijazi.

Meanwhile, sources privy to finance ministry told our correspondent that Hijazi has not been relinquished from his post while notification pertaining to appointment of new chairman will be issued on July-24.

Senior-most commissioner of SECP and commissioner legal Tahir Mahmood is favourite for the appointment as SECP chairman while notification in this regard is anitciapted on July-24.

Joint investigation team (JIT) for Panama case had found former SECP Chairman guilty of tampering the records of companies owned by the Sharif family. Supreme Court had ordered FIA to launch probe against him in which he was charged.