• Friday, April 26, 2024

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Panama Papers: Reprieve for Nawaz Sharif as court rules evidence is insufficient

Relief: Pakistan prime minister Nawaz Sharif has denied corruption allegations against him and his family

By: Rithika Siddhartha

PAKISTAN’S Supreme Court today (April 20) ruled there was insufficient evidence to order prime minister Nawaz Sharif’s removal from office over corruption allegations levelled by the opposition and it ordered further investigations. A verdict to dismiss Sharif would have left his party in power but would have sparked turmoil at a time when Pakistan is experiencing modest growth and improved security, and the civilian government and powerful military have appeared to come to uneasy terms. Pakistan’s stock market jumped after the ruling with the benchmark index gaining almost two per cent. Sharif is seen as pro-business. Two of five judges…

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