Nawaz Sharif fights to keep job in Panama papers scandal

Nawaz Sharif fights to keep job in Panama papers scandal

Nawaz Sharif fights to keep job in Panama papers scandal

The court has the power to summarily dismiss him from office and could recommend that he face criminal investigation. Two dissenting judges, however, asked for Sharif's disqualification. Exactly 24 years ago, Nawaz Sharif was removed from office on nearly the same charges he is facing today. "The JIT report about our family businesses is the sum of hypotheses, accusations and slander", Sharif said in a statement after meeting his cabinet. Pakistan Supreme Court then ordered a group of investigators to look into the matter.

As the Supreme Court reconvenes on Monday, the protests against Sharif are heating up. The opposition is united on that idea, said Shah Mehmood Qureshi, leader of the Tehreek-e-Insaf Party (PTI), whose chairman, Imran Khan, turned the prime minister's resignation into his banner. As a result of the investigation, Khan is calling for Sharif to step down and is demanding fresh elections.

Till now Prime Minister Nawaz Sharif and his cabinet members have talked about a conspiracy being hatched against the government.

Talking to media persons in Sialkot on Sunday Khawaja Asif said that the nation is acknowledging the services of Nawaz Sharif and world is also acknowledging the progress of Pakistan.

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As for Mrs Kulsoom Nawaz, the report says that the first lady has been a part of the family business and her assets increased at an alarming rate while Ms. Asma Nawaz too owned assets worth Rs 1.47million in year 1991/1992 and grew 21.7 times in the year 1992/93. There were 400 other Pakistanis who were mentioned in the Panama Papers.

A serious setback to Pakistani PM Nawaz Sharif following the disclosure that his daughter and putative heir apparent, Maryam Sharif, had concealed ownership of the family's offshore assets and companies threatens to create new security complications for India, the Times of India said Thursday. However, Sharif termed the report as "baseless". But the JIT found that the document was printed in Calibri font, which Microsoft had not released for public use until 2007. The above is a huge cause of celebration for the opposition.

But relations soured and his second stint as prime minister ended when he was ousted in a 1999 coup leading to a decade of exile. The leak displays "holdings that the Sharif family had failed to publicly declare". "The whole defence has been a fraud".

The main objections raised by Sharif's lawyers against the JIT were that it had misused its authority, that its chief investigator Wajid Zia had hired services of a legal firm owned by his cousin, and that documents were acquired from overseas through illegal means. "If a new history is to be made, I can not say, but there is not a single precedent".

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This, even as the Sharif's legal team has outrightly rejected all findings of the JIT.

"China is upset as the situation arises due to the Panamagate JIT as political instability in Pakistan is the major risk to China-Pakistan Economic Corridor (CPEC)", A B Mahapatra, Director of CASS-India told ANI in an exclusive conversation. Sharif returned to Pakistan after several years in exile in Saudi Arabia, branding himself as a victim of the army's high-handedness and intervention in democratic processes.

The army spokesman brushed aside questions about claims the military's hidden hand was the driving force behind the JIT probe, saying "the Pakistan army is not directly connected". "Confronted with serious domestic and external challenges, the country can not afford worsening political uncertainty and instability".

Nawaz Sharif has faced corruption allegations since coming to power in parliamentary elections in 2013.

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