LAHORE: Pakistan’s former prime minister Nawaz Sharif was handed over to the country’s supreme anti-graft body for questioning in the Chaudhry Sugar Mills (CSM) case by an accountability court here on Friday.
Sharif is already serving a seven-year sentence in another case after he was found guilty of possessing assets beyond his known sources of income. He has appealed the verdict, though the apex court is yet to decide his fate in the matter.
The National Accountability Bureau (NAB), which is probing Sharif and his family for corruption and money laundering, took the incarcerated leader of the Pakistan Muslim League-Nawaz (PML-N) into custody from the Kot Lakhpat Jail and produced him before an accountability court as his supporters and party workers shouted slogans in his favor.
NAB officials claimed Sharif and his family were direct beneficiaries of the mill’s business transactions that were used for money laundering.
According to a report submitted in the court by the bureau, “the evidence collected so far reveals that the accused” was “involved in the acts of corruption and corrupt practices as defined under section 9 (a) of [National Accountability Ordinance] 1999.”
The statement also claimed that Sharif indulged in money laundering worth about Rs2000 million “in connivance with co-accused persons namely Maryam Safdar, Yousaf Abbas and others.”
It is pertinent to mention here that Sharif’s daughter, Maryam Nawaz, and nephew, Yousaf Abbas, have already been incarcerated in the same case.
Responding to NAB’s allegations, Advocate Amjad Pervaiz, who represents the PML-N leader, called the case “politically motivated.”
“The allegations leveled in the CSM case were part of the Panama case, investigated by a Joint Investigation Team (JIT) that was constituted on the Supreme Court’s instructions,” he said. “According to Pakistani laws, a person cannot be charged twice in the same case. This is double jeopardy and not legal.”
Sharif himself addressed the court, saying all allegations against him were fabricated since all the assets being investigated by NAB had already been declared.
He derided the anti-graft body, saying it was brought into being by a “dictator” and was used against PML-N leaders and other opposition parties.
Sharif also added he had served the country as prime minister three times and would quit politics if any corruption allegation was proved against him.
PML-N leaders also described court cases against the Sharifs as a diversionary tactic to remove people’s attention from real governance challenges.
“The whole proceeding is based on revenge, not justice,” said the party’s chairman, Raja Zafarul Haq, while talking to Arab News.
Ex-PM Sharif remanded in anti-graft body's custody in new case
Ex-PM Sharif remanded in anti-graft body's custody in new case
- The country’s former premier was already sentenced to seven years imprisonment on corruption charges last year
- National Accountability Bureau obtained Sharif’s 14-day physical remand in Chaudhry Sugar Mills case
Pakistan warns Indian suspension of Indus Waters Treaty could set precedent for China
- New Delhi suspended the river-sharing agreement after a militant attack in Indian-administered Kashmir
- PM Sharif’s aide says Pakistan is discussing the situation with friendly countries and the United Nations
ISLAMABAD: India’s suspension of the Indus Waters Treaty (IWT) could set a precedent for China to block the Brahmaputra River, a senior aide to Prime Minister Shehbaz Sharif warned on Friday, potentially putting New Delhi in a difficult position.
India relies on rivers that originate in China, particularly from the Tibetan Plateau, where major waterways like the Brahmaputra and Sutlej rivers begin.
China’s dam-building activities and lack of a formal water-sharing agreement have raised concerns in India about future water security during floods or droughts. The absence of binding treaties leaves India vulnerable to upstream decisions made by Beijing.
In 2016, China blocked the flow of the Xiabuqu River, which feeds the Brahmaputra, as part of a hydropower project in Tibet after a militant attack in Indian-administered Kashmir.
“If India does something like this that they stop the flow [of rivers] to Pakistan, then China can also do the same thing,” Rana Ihsaan Afzal said while speaking to Geo News. “But if things like this happen then the entire world will be in a war.”
The IWT is a landmark water-sharing agreement signed in 1960 between India and Pakistan, brokered by the World Bank, to manage the use of rivers flowing through both countries from the Himalayas. Under the treaty, India was granted control over the three eastern rivers — Ravi, Beas and Sutlej — while Pakistan received rights over the three western rivers — Indus, Jhelum and Chenab.
Despite multiple wars and ongoing tensions, the treaty has largely held as a rare example of sustained cooperation.
However, India on Wednesday suspended the six-decade-old river-sharing treaty with Pakistan as part of a series of measures following a deadly militant attack in Indian-administered Kashmir, for which it holds Islamabad responsible.
Pakistan has denied any involvement in the attack, in which gunmen killed 26 people at a tourist site in Pahalgam, a scenic town in Anantnag district, marking the deadliest assault on civilians in the country in nearly two decades.
Highlighting that India’s actions threatened the food security of 250 million people, Afzal said under international water laws, upper riparian countries cannot “stop” water but may only “regulate” it.
He added that upper and lower riparian countries coexist peacefully across the world and warned that India’s threat could undermine the entire system of peaceful water-sharing mechanisms, potentially escalating tensions toward conflict.
“This will not be easy at all,” he said. “The United Nations and lower riparian countries throughout the world will raise their voice against it.”
Afzal confirmed that Pakistan was engaging friendly countries through diplomatic channels and was also in contact with the UN.
Pakistan PM hails negative SPI inflation, says economic indicators improving
- SPI focuses on short-term price movements that affect low- and middle-income households most directly
- Shehbaz Sharif says the government wants to pass on the benefits of improving economy to the public
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday expressed satisfaction over the annual decline in Pakistan’s Sensitive Price Index (SPI), which he said had fallen to -3.52% in April 2025, compared to 26.94% in the same month last year.
The SPI measures weekly changes in the prices of essential items such as food, fuel and utilities across various consumption groups. Unlike the broader Consumer Price Index (CPI), which captures overall inflation, the SPI focuses on short-term price movements that affect low- and middle-income households most directly.
“The [SPI] rate stood at 26.94% in the same month last year, whereas in April 2025, it has been recorded at minus 3.52%,” the prime minister said in a statement issued by his office.
“The country’s economic indicators are improving with each passing day,” he added. “The government is making every effort to ensure that the benefits of these improving economic indicators reach the public.”
Sharif also commended his economic team for their efforts in stabilizing the economy and curbing inflation.
In May 2023, Pakistan experienced its highest recorded inflation, with the CPI reaching 38% year-on-year, driven by surging food and energy prices.
The recent decline in the SPI indicates potential relief for consumers, though the government continues to face challenges in managing the economy, including meeting fiscal targets and securing external financing.
VISA to triple Pakistan office size, partner with 1-Link, PayPak — finance minister
- Muhammad Aurangzeb hails company’s role in advancing digital payments and financial inclusion
- The finance minister also assures the US financial services company of the government’s full support
ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Thursday US financial services company Visa will triple the size of its office in Pakistan and collaborate with the country’s first-ever domestic payment card scheme, 1Link and PayPak.
Visa Inc. is a global payments technology company that operates one of the world’s largest electronic payment networks, enabling consumers and businesses to make payments using Visa-branded credit, debit and prepaid cards.
Visa doesn’t issue cards itself but partners with banks and financial institutions to do so. 1Link and PayPak is similar in concept to Visa or Mastercard but is designed specifically for local use within Pakistan.
The Pakistani minister, currently in Washington, appreciated Visa’s role in the digitalization of his country’s economy during a meeting with the company’s regional vice president, Andrew Torre.
“He [Aurangzeb] noted that Visa’s decision to triple the size of its office in Pakistan and its collaboration with 1Link and PayPak would contribute significantly to promoting financial inclusion, e-commerce, transaction security, and payment gateways in Pakistan, as well as facilitate remittances,” the finance ministry said in a statement issued after the meeting.
It added the finance minister also assured the company of the government’s full support in resolving any issues faced by them.
Aurangzeb’s meeting with Torre came as the country works toward a more inclusive and digitally empowered economy, with government backing and private sector innovation aligned.
Pakistan Senate rejects Indian attempt to link it to Kashmir tourist attack
- Deputy PM Ishaq Dar says India must be held accountable for its acts of ‘terrorism’ in Pakistan
- He also reaffirms Pakistan’s ‘moral, political and diplomatic’ support to the people of Kashmir
ISLAMABAD: Pakistan’s Senate on Friday unanimously passed a resolution condemning what it called India’s “frivolous and baseless” attempts to link Islamabad to a deadly shooting in the disputed Himalayan region of Kashmir, rejecting the allegation and accusing New Delhi of using “terrorism” as a political tool.
India has blamed Pakistan for the attack in the scenic town of Pahalgam in Kashmir’s Anantnag district, where gunmen killed 26 civilians on Tuesday in the deadliest assault on non-combatants in nearly two decades.
Pakistan has denied any involvement in the incident, with Deputy Prime Minister Ishaq Dar reading out the resolution in the upper house of parliament that was later adopted by all the lawmakers.
“The Senate of Pakistan condemns terrorism in all its forms and manifestation, emphasizes that killing of innocent civilians is contrary to the values upheld by Pakistan [and] rejects all frivolous and baseless attempts to link Pakistan with the Pahalgam attack of 22nd April 2025 in Indian Illegally Occupied Jammu and Kashmir,” he said.
The resolution denounced India’s suspension of the decades-old Indus Waters Treaty and reaffirmed Pakistan’s support for the Kashmiri people’s right to self-determination.
It also accused India of waging a “mala fide campaign” to malign Pakistan.
“The country’s sovereignty, security and interests demand that India should be held accountable for its involvement in different acts of terrorism and targeted assassinations on the soil of other countries, including Pakistan,” Dar continued.
He also reaffirmed Pakistan’s “unwavering moral, political and diplomatic support for and commitment to the Kashmiri people’s just struggle for realization of their inalienable right to self determination.”
Detained Pakistan rights activist Dr. Mahrang Baloch launches hunger strike
- Baloch, 32, was arrested last month on charges of terrorism, sedition and murder
- Dozen UN experts called on Pakistan in March to immediately release Baloch rights defenders
QUETTA: Detained activist Dr. Mahrang Baloch, one of the leading campaigners for Pakistan’s Baloch minority, has launched a hunger strike along with other detainees, her sister told AFP on Friday.
Mahrang Baloch, 32, was arrested last month on charges of terrorism, sedition and murder.
In her native Balochistan, an impoverished province that borders Afghanistan and Iran, security forces are battling a growing insurgency.
Rights groups say the violence has been countered with a severe crackdown that has swept up innocent people. Authorities deny heavyhandedness.
Mahrang’s hunger strike “is aimed at denouncing the misconduct of the police and the failure of the justice system to protect... prisoners,” her younger sister, Nadia Baloch, said.
Nadia said the hunger strike was launched on Thursday after the attempted “abduction” of one of the Baloch detainees.
Mahrang’s organization, the Baloch Yakjehti Committee (BYC), said the inmate was beaten by security officials and taken from the prison to an unknown location.
A security official said the detainee was moved to another prison and denied any mistreatment.
BYC said four other detained Baloch activists have joined the hunger strike.
“All of them are peaceful political workers, imprisoned for raising their voices... Their only ‘crime’ is organizing peacefully in an environment saturated with state terror and violence,” the group said.
Activists say in the crackdown against militancy in the region authorities have harassed and carried out extrajudicial killings of Baloch civilians.
Pakistani authorities reject the “baseless allegations.”
A dozen UN experts called on Pakistan in March to immediately release Baloch rights defenders, including Mahrang, and to end the repression of their peaceful protests.
UN special rapporteur for human rights defenders Mary Lawlor said she was “disturbed by reports of further mistreatment in prison.”
The judiciary has declined to rule on Mahrang’s detention, effectively halting any appeal and placing the matter solely in the hands of the provincial government.
Insurgents in Balochistan accuse outsiders of plundering the province’s rich natural resources and launched a dramatic train siege in March, during which officials said about 60 people were killed.
