Mr. Mamnoon Hussain, President of the Islamic Republic of Pakistan, Address to the “Conference on Peace in South Asia” (Karachi: November 15, 2017). “Bismillah-ir-Rahman-ir-Raheem”. Masuma Hasan, Chairperson, Pakistan Institute of International Affairs, Senator Mushahid Hussain Syed, Chairman Senate Standing Committee on Defence and Defence Production, Excellencies, Experts in International Relations—and Respected Ladies and Gentlemen! Assalam-o-Alaikum.
It is a matter of great pleasure for me to participate in this conference on peace in South Asia under the auspices of The Pakistan Institute of International Affairs (PIIA). The foundation of this institution was laid by Quaid-e-Millat Nawabzada Liaquat Ali Khan. Prime Minister Liaquat Ali Khan had a very real and deep understanding of contemporary foreign policy issues, especially about peace, stability and progress in South Asia. I still believe that best results can be achieved by following the principles enunciated by Nawabzada Liaquat Ali Khan and other founding fathers of Pakistan in our quest for regional peace and security. It is encouraging to see deliberation on such matters in the face of modern day challenges and changes in the regional and global landscape, for which I congratulate PIIA and its team. Continue reading
The full report of the Joint Investigation Team JIT, formed in the aftermath of the revelations contained in the Panama Papers, be found here. The report is not a judgment and commentators are divided over whether the document is sufficient to lead to the removal of prime minister Nawaz Sharif from office. NDTV reports that the JIT accused Prime Minister Nawaz Sharif’s daughter Maryam of presenting fake documents on two 2006 declarations to the probe team using the “Calibri” font which was not commercially available till January 30, 2007. The JIT, which is probing allegations of money laundering against Mr Sharif and his family, said Maryam Nawaz, her brothers Hussain and Hassan Nawaz as well as her husband Captain Mohammad Safdar (retd), had signed false documents to mislead the Supreme Court.
The team that probed offshore assets of Sharif family said in its report that Maryam Nawaz claimed herself to be “trustee not the owner” of Avenfield properties in London, which linked her to Minerva Services and Samba Financial, Geo News reported. The JIT said that her claim turned out to be completely wrong and it was proven that she owned the properties managed by Minerva Services. The JIT concluded that Mr Sharif’s daughter was the real and ultimate beneficial owner of the Avenfield apartments. Continue reading
Constitution Petition No. 29 of 2016 or the Panama Papers Scandal judgment was handed down today by the Supreme Court of Pakistan. The Panama Papers are a giant leak of more than 11.5 million financial and legal records exposing a system that enables crime, corruption and wrongdoing, hidden by secretive offshore companies.
The Supreme Court ruled there is insufficient evidence of corruption to remove Nawaz Sharif from the role of prime minister. But it ordered a further investigation into money transfers. Questions arose over the business dealings of Mr Sharif’s family when three of his children were linked to offshore accounts in the Panama Papers leaks in 2015. News reports are available on the ruling below: