Nawaz Sharif Panama papers case verdict: 10 things to know

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New Delhi | Published: July 29, 2017 11:14:32 AM

Pakistan Prime Minister Nawaz Sharif stepped down from his post after the Pakistan Supreme Court disqualified him from holding public office and ordered the National Accountability Board to file its reference against him and his family within six weeks in the Panama papers case.

nawaz sharif, nawaz sharif verdict, panama case verdict, panama papers case verdict, panama paper verdict, nawaz sharif panama verdict, nawaz sharif panama papers case verdict, nawaz sharif resigns, nawaz sharif resignation, india news, world newsIn April 22, 2016, Sharif asked the Supreme Court to form a commission to investigate the Panama leaks. (Source: IE image)

Pakistan Prime Minister Nawaz Sharif stepped down from his post after the Pakistan Supreme Court disqualified him from holding public office and ordered the National Accountability Board to file its reference against him and his family within six weeks in the Panama papers case. Along with Nawaz Sharif, Finance Minister Ishaq Dar was also disqualified from the office. The verdict was delivered by a five-judge bench headed by Justice Asif Saeed Khosa. Here is all you need to know about the verdict:

1. According to 2016, Panama Papers leak, Nawaz Sharif and his family were allegedly involved in money laundering to buy expensive assets in London in the 90s through offshore companies.

2. In April 22, 2016, Sharif asked the Supreme Court to form a commission to investigate the Panama leaks after pressure from the opposition. The charge against Sharif was led by cricketer-turned-politician Imran Khan.

3. On April 24, 2016, Imran Khan protested against Nawaz Sharif saying that the prime minister had lost “moral authority” to rule. Almost a month later, Sharif proposed parliamentary commission probe into the scandal.

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4. Matters became worse in October when Khan accused the government of placing him under virtual house arrest.

5. In November 2016, the Supreme Court had agreed to set up a judicial commission to probe corruption allegations against Sharif, stemming from Panama Papers leaks.

6. In April 2017, the Pakistan SC said there was insufficient evidence to ordered Sharif’s immediate removal but orders a Joint Investigation Team to look further into the source of his family’s wealth.

7. On July 28, the Supreme Court declared Nawaz Sharif unfit to rule the country and disqualified him from holding the office.

8. On the same day, Sharif stepped down for the post. However, the former Pak PM mentioned that he had reservations with the judicial judgement.

READ | With Nawaz gone, India Pakistan might be up for a roller coaster ride

9. Nawaz Sharif’s daughter Maryam expressed her anger over the decision and added that her father will make a stronger return. “Another elected Prime Minister sent home, but only to see him return with greater force & support & soonest Insha’Allah. Stay strong PMLN,” she said in a tweet.

10. Pakistan’s Punjab province Chief Minister Shehbaz Sharif has emerged as the leading contender to replace his brother Nawaz Sharif, according to the local media.

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