This friend of PM Nawaz provided JIT with secret documents

Claudine Rigal
Juillet 18, 2017

Pakistan's rowdy social media was particularly galvanized by the findings against Sharif's daughter, Maryam, who is reportedly being groomed to take over Pakistan's largest political party. According to the report in Pakistan's Dawn newspaper, the JIT has asked the court to reopen 15 old cases, including five cases decided by the Lahore High Court, eight investigations and two inquiries against the prime minister.

On Wednesday, the rupee suffered its biggest one-day loss since 2008 and closed at its lowest value in three-and-a-half years.

Ismail added Maryam has Sharif's ear by virtue of being his daughter, but has not been involved in government policy in economics or other areas outside her interests. And the report submitted by JIT in the Pakistan Supreme Court has already named Sharif and his family members to be involved in money laundering activities.

"This is an quake for the currency market and badly shakes investor confidence", Forex Association of Pakistan president Malik Bostan told the media.

The Supreme Court could even ask the army to implement its order when it comes.

While PML-N leader Imran Khan hopes for immediate disqualification of Sharif under Article 62 and 63 of the Constitution - which pertains to parliamentarians found to be dishonest - the government hopes for a long legal battle. The font used to create the deed - Calibri - only became commercially available in 2007, after the deed was allegedly signed.

The case relating to the Sharif family's four London apartments was also among the eight investigations started by the National Accountability Bureau (NAB) in December 1999.

Pakistan is in the middle of a heated political controversy, with Prime Minister Nawaz Sharif under intense pressure from the political opposition and sections of the media to resign from his post.

In the present case, Sharif's colossal political mandate was seen as nothing less than a threat to the security establishment. It said the lifestyle of Sharif and his children were beyond their known sources of income, and recommended filing of a new corruption case against them.

Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari on Saturday reiterated his party's stance that the PPP "has always supported democracy", but demanded that the prime minister must step down.

Others, however, believe that the political upheaval is likely to continue, predicting instead a bitter legal battle ahead.

The statement also notes that a British litigation firm, Quist London, that was hired by the JIT to assist in the investigation belongs to Akhtar Raja, a cousin of JIT head Wajid Zia, which it claims "is illegal and unsupported by the law".

Questions have also been raised over the Supreme Court's decision that the two military intelligence services, the MI and the ISI, would contribute one representative each to the six-member JIT, which should ideally consist of financial experts only.

PM Sharif has contended that the "controversial" JIT had submitted a report "based on accusations and conjecture" that reflected "animosity and malice".

China is also not anxious by the possibility of change of guard in Pakistan, which is facing serious internal security threat from the various jihadi groups including Tehrik-i-Taliban Pakistan (TTP), because China depends 80% on Pakistan Army and 20% on the civilian government for the fulfilment of their economic and strategic interests.

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