No ‘deal’ behind verdict postponement in Pakistan land bribery case, Imran Khan’s party says

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Updated 13 January 2025
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No ‘deal’ behind verdict postponement in Pakistan land bribery case, Imran Khan’s party says

  • Khan, wife Bushra are accused of receiving land worth millions of dollars as a bribe from real estate tycoon
  • Information minister accuses Khan of using delaying tactics in the case and not appearing for Monday’s verdict

ISLAMABAD: A Pakistani accountability court on Monday postponed for a third time the announcement of a long-awaited verdict in a case in which former Prime Minister Imran Khan is accused of receiving land as a bribe by misusing his office during his premiership, with his party saying the deferral was not part of a “political deal.”
The announcement of the verdict in the Al-Qadir Trust case has already been postponed twice before, drawing criticism from Khan’s Pakistan Tehreek-e-Insaf (PTI) party. The case involves a charitable trust set up by Khan and his third wife Bushra Khan in 2018 when he was still in office.
Pakistani authorities say the trust was a front for the couple to receive valuable land as a bribe from a real estate developer, Malik Riaz Hussain, who is one of Pakistan’s richest and most powerful businessmen. Hussain, like Khan and Bushra, denies any wrongdoing.
“The trial court has postponed the decision of Al-Qadir Trust Case for the third time,” Khan’s PTI party said in a message to reporters. “It’s now postponed till January 17th.”
The party called the postponement “unusual” and said it “just re-affirms perception that it’s all linked to timing of political developments.”
Information Minister Attaullah Tarar said the verdict in the case was expected on Monday, but Khan did not show up at the court, accusing the former premier of using “delaying tactics” in the case.

“You would remember a time, when it was said [by Khan] that ‘I am sick, there is an issue with my leg, I cannot come, I cannot appear [before the court],” Tarar said, referring to statements by Khan and his lawyers in corruption cases against him relating to a state repository.
“I believe the PTI founder has had a PhD on the tradition of using delaying tactics in court cases. The person who is clean, who knows he is innocent never seeks an extension in [hearing of a case], never changes his attorney, never changes the power of attorney.”
Senator Talal Chaudhry, member of the ruling Pakistan Muslim League-Nawaz (PML-N) party, said the Al-Qadir Trust case was an “open-and-shut case” and there was no possibility of a deal in it.
“Whether the decision is made today or tomorrow, it is a clear verdict, [this is] an open-and-shut case,” he said. “This is about Pakistan and there is no possibility of a pardon.”
Khan’s party has previously said the delay in announcing the verdict raised questions on the merits of the trial.
“This is a nasty, baseless case,” Gohar Ali Khan, the chairman of the PTI and one of Khan’s lawyers, told reporters after Monday’s hearing. “If this was based on justice then Khan would have been honorably acquitted today definitely, but when decisions are based on political considerations or to put pressure, then everyone can see the writing on the wall.”
He said the postponement of the verdict had nothing to do with the PTI.
“We came prepared that the verdict would be released today but the judge has postponed it of his own accord … it is not the result of any deal,” Gohar added.
Authorities say the Al-Qadir Trust scheme originated with 190 million pounds repatriated to Pakistan in 2019 by Britain after Hussain forfeited cash and assets to settle a British probe into whether they were proceeds of crime. Instead of putting it in Pakistan’s treasury, Khan’s government is accused of using the money to pay fines levied by a court against Hussain for illegal acquisition of government lands at below-market value for development in Karachi.
Khan, who has been in jail since August 2023 and faces a slew of legal cases, says all charges against him are politically motivated and being backed by his political rivals led by Prime Minister Shehbaz Sharif and the country’s all-powerful military. Both deny the allegations.


Pakistan PM directs inclusion of business sector input in budget preparation

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Pakistan PM directs inclusion of business sector input in budget preparation

  • Shehbaz Sharif chaired a review meeting of the Export Facilitation Scheme to determine how to improve its effectiveness
  • The incumbent government will be presenting its second federal budget in June after assuming political power last year

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday instructed the government to include suggestions from the industrial and business sectors in the upcoming budget preparation while chairing a meeting to review the country’s exports, his office announced.
The move signals the government’s intent to adopt a more inclusive approach in shaping fiscal policy for the next financial year, as it faces pressure to revive economic growth, attract investment and address concerns from the private sector.
The incumbent government will be presenting its second federal budget in June after assuming power last year.
“Consultation with industries and business organizations should be included in the preparation of the upcoming budget and their suggestions should be incorporated into it,” the PM Office quoted Sharif as saying following the meeting on the Export Facilitation Scheme, a policy initiative by the Federal Board of Revenue simplifying the import of raw materials, machinery and input goods for exporters, with minimal duties and taxes.
“Increasing revenue from exports is a top priority of the government,” he added.
He highlighted the importance of consulting sector experts on the committee’s recommendations to improve the scheme, particularly regarding the import of raw materials and machinery for export industries.
Sharif directed authorities to present a level playing field for local industries, adding that the scheme was launched to reduce production costs and enhance Pakistan’s competitiveness in domestic exports.
The meeting was attended by federal ministers, an adviser to the PM, Pakistan’s tax authority chief and businessmen from the export industry.


Pakistan calls for global action over Israel’s killing of Palestinian emergency workers in Gaza

Updated 23 min 3 sec ago
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Pakistan calls for global action over Israel’s killing of Palestinian emergency workers in Gaza

  • Foreign Office spokesperson Shafqat Ali Khan urges the world to put end to Israeli violations of international law
  • Israel deliberately killed 15 Palestinian emergency workers last month in a shooting incident captured on video

ISLAMABAD: Pakistan urged the international community on Thursday to take notice of Israel’s latest “barbarity” in the Gaza Strip while referring to the killing of 15 Palestinian emergency workers in a shooting incident captured on video.
The emergency workers were shot dead on March 23 and buried in shallow graves. Initially, the Israeli military claimed it opened fire after unmarked vehicles approached its soldiers in the dark, but later changed the statement after video footage emerged showing clearly marked ambulances and fire trucks with their lights on coming under fire.
The war in Gaza, which began in October 2023, has continued despite repeated international appeals for a ceasefire. The Palestinian death toll has reportedly surpassed 50,000, with women and children making up a significant portion of the casualties.
“Pakistan in the strongest possible terms condemns the continued aggression and atrocities committed by Israeli occupation forces in occupied Palestinian territory, particularly in Gaza,” Foreign Office Spokesperson Shafqat Ali Khan said during his weekly media briefing.
“In the latest incidents of brutality, Israel has mercilessly killed 15 Palestinian emergency and civil defense workers,” he continued. “Pakistan demand that the international community should take immediate notice of this barbarity and stop this blatant violation of international law and charter of the United Nations.”

 
Khan highlighted his country’s condemnation of the continued aggression by Israeli forces in Gaza.
Pakistan, which does not recognize Israel, has consistently supported the Palestinian demand for an independent state based on pre-1967 borders.
It has repeatedly raised concerns over the Gaza conflict at various global forums, including the UN Security Council, and has called for a ceasefire and accountability for Israel’s actions.


World Bank investment arm commits $300 million loan to Pakistan’s Reko Diq mining project

Updated 10 April 2025
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World Bank investment arm commits $300 million loan to Pakistan’s Reko Diq mining project

  • Located in Balochistan, Reko Diq is among the world’s largest undeveloped copper and gold reserves
  • IFC says its involvement will mitigate project risks and support sustainable mining practices in Pakistan

KARACHI: The World Bank’s private investment arm, the International Finance Corporation (IFC), will extend $300 million in debt financing for Pakistan’s Reko Diq copper and gold mining project, according to an IFC project disclosure published on Wednesday.
Reko Diq, located in Pakistan’s southwestern Balochistan province, is among the world’s largest undeveloped copper and gold reserves. Once operational, it is expected to significantly boost Pakistan’s exports, generate substantial tax and royalty revenues and contribute to economic growth and job creation.
IFC said its involvement will mitigate project risks in the restive Balochistan region and support sustainable mining practices.
“The estimated total Project cost is $6.6bn, and it will be financed using a combination of debt and equity,” IFC announced while sharing a summary of its investment.
“IFC’s proposed investment consists of an A-loan of up to $300 million,” it added. “Other parallel lenders will provide the remaining debt financing.”
An A-loan is a direct loan provided by the IFC from its own funds, typically with long-term repayments. It is a form of debt financing, requiring the borrower to repay the loan with interest, unlike equity financing where the investor takes ownership stakes in the project.
The Reko Diq project is being supported by IFC’s technical and financial expertise. The institution will act as Environmental and Social (E&S) coordinator, ensuring adherence to its performance standards and helping implement best practices in sustainability.
IFC will also provide advisory support on mining operations, transport infrastructure and risk mitigation.
According to the investment summary document, the project will strengthen domestic supply chains and contribute to community development in Balochistan.
It is also expected to deepen domestic market integration by linking Balochistan to national and global markets and encouraging further investment in Pakistan’s mineral sector.
The IFC has actively engaged with Pakistan recently through several high-level visits and financial commitments. Earlier this year, its Managing Director Makhtar Diop visited the country in February and met with public and private sector stakeholders to expand IFC’s investment footprint and reaffirm its commitment to sustainable and inclusive growth.
Subsequently, the IFC announced plans to significantly increase its investment in Pakistan, with a target of up to $2 billion annually over the next decade, potentially amounting to $20 billion.
The initiative aligns with the World Bank’s Country Partnership Framework, which envisions a combined investment of around $40 billion in Pakistan over ten years.

With input from Reuters
 


Pakistan PM departs for Belarus on two-day visit to boost bilateral cooperation

Updated 10 April 2025
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Pakistan PM departs for Belarus on two-day visit to boost bilateral cooperation

  • The two sides plan to sign several agreements during Sharif’s two-day visit, says Pakistan’s foreign office
  • Visit can also help Pakistan diversify trade partnerships since Belarus can be a gateway to Eurasian markets

ISLAMABAD: Prime Minister Shehbaz Sharif left for a two-day visit to the Eastern European country of Belarus on Thursday, his office said, as the two sides prepare to sign several agreements to strengthen bilateral cooperation.

Pakistan was among the first countries to recognize Belarus after the dissolution of the Soviet Union and has maintained diplomatic relations with it since 1994.

However, bilateral trade has remained modest, with annual volumes ranging between $50 and $65 million, according to the Belarusian embassy in Islamabad.

Belarus mainly exports tractors, trucks, potash fertilizers, synthetic yarns and tires to Pakistan, while Pakistani exports include rice, textiles, leather goods and surgical instruments.

“Prime Minister Muhammad Shehbaz Sharif has departed for a two-day official visit to Belarus,” the PM Office said in a statement. “At the invitation of His Excellency President Aleksandr Lukashenko, Prime Minister Muhammad Shehbaz Sharif will undertake an official visit to Belarus from April 10 to 11, 2025.”

According to another statement released by the foreign office earlier today, Sharif will hold talks with Lukashenko to review progress in areas of mutual interest.
“The two sides are expected to sign several agreements to further strengthen cooperation,” it added.
The prime minister’s visit follows a series of bilateral engagements in recent months. The Belarusian president visited Pakistan last November for his third official trip to the country, during which both sides signed a “Roadmap for Comprehensive Cooperation for 2025-2027” to expand economic ties and institutional linkages.
Fourteen other agreements and memorandums of understanding were also inked, covering cooperation in environmental protection, disaster management, halal trade and science and technology.
For Pakistan, closer ties with Belarus offer several strategic advantages that include diversifying trade partnerships beyond traditional markets, enhancing defense collaboration through access to Belarusian technology and tapping into regional connectivity opportunities, with Belarus serving as a potential gateway to Eurasian markets.
The partnership also complements Pakistan’s broader goals, such as the development of an export-oriented economy.


UAE to grant 100,000 Pakistanis five-year visas this year – Sindh governor’s office

Updated 10 April 2025
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UAE to grant 100,000 Pakistanis five-year visas this year – Sindh governor’s office

  • Official statement quotes the UAE envoy mentioning the number of these visas his country plans to issue
  • UAE consulate confirmed this week Pakistani citizens can apply for work, medical and other types of visas

KARACHI: The United Arab Emirates plans to issue five-year visas to 100,000 Pakistanis this year, according to an official statement released by authorities in Pakistan’s Sindh province on Wednesday, following a visit by Governor Kamran Khan Tessori to the UAE consulate in Karachi.
The governor’s office and UAE authorities in Pakistan said this week all visa-related issues between the two countries had been resolved, and Pakistani nationals could now apply for five-year visas to the Emirates.
The development came amid widespread reports in recent months of a decline in visa approvals for Pakistanis, allegedly due to violations of local laws and customs, as well as political sloganeering while abroad.
Tessori visited the UAE consulate in Karachi on the invitation of UAE Ambassador Hamad Obaid Ibrahim Salem Al-Zaabi following a meeting between the two officials in Karachi on Monday.
“The governor of Sindh, Kamran Khan Tessori, was warmly welcomed by the UAE ambassador and consul general during his visit to the UAE consulate,” the Governor House said in a statement.
“The governor toured the visa center at the consulate, where the ambassador briefed him on the facility,” it added. “Ambassador Hamad Obaid Al-Zaabi said 100,000 Pakistanis would be granted five-year visas. The consul general added that applicants would be treated with great respect at the visa center and receive full cooperation.”
Earlier this week on Tuesday, the UAE consulate in Karachi issued a statement on the meeting between Tessori and Al-Zaabi.
“We love Pakistanis very much,” the statement quoted Consul General Bakheet Ateeq Al-Rumaithi as saying. “Every person can apply for a UAE visa … Pakistani citizens can also apply for a UAE visa for work, medical treatment and other needs.”
The UAE is home to more than a million Pakistani expatriates, making it the second-largest overseas Pakistani community globally and a major contributor to remittance inflows to Pakistan.
Policymakers in Pakistan also view the UAE as an ideal export market due to its proximity, which reduces transportation and freight costs and facilitates smoother trade.