Pakistan court rejects Nawaz’s plea for bail in graft case

Agencies
June 21, 2019

Islamabad, Jun 21: The Islamabad High Court on Thursday turned down former Prime Minister Nawaz Sharif's bail plea on medical grounds in a corruption case.

A two-member bench pronounced the verdict after hearing the Pakistan Muslim League-Nawaz (PML-N) leader's counsel and the National Accountability Bureau (NAB) prosecutor, Dawn newspaper reported.

Sharif was sentenced in December 2018 to seven years in prison in the Al Azizia Steel Mills corruption reference. He was jailed for failing to explain the ownership of the steel factory in the name of one of his children.

The case was filed in the wake of the apex court's July 28, 2017 order in the Panama Papers case.

During Thursday's hearing, Sharif's lead defence counsel Khawaja Haris Ahmed informed the court that the former Premier was seeking suspension of sentence and subsequent release for medical reasons.

Haris said that "more than 60 per cent health condition of Sharif is in danger" and that he needs further treatment.

The counsel said that treatment was also essential to reduce the mental stress Sharif was facing in jail.

Justice Mohsin Akhtar Kiyani of the bench asked the counsel if the doctors had declared that Sharif's treatment was not possible in the country.

The counsel replied in the affirmative, adding that the former Premier's health was deteriorating day by day.

In July 2018, Sharif was sentenced to 10 years in prison in another case of corruption related to a four-storey luxury property in London while his daughter was given seven years.

The three-time Prime Minister was disqualified from holding office in 2017 for not revealing remuneration he received from a company owned by a son, an irregularity revealed after the publication of the Panama Papers.

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News Network
June 18,2020

New Delhi, Jun 18: With the highest single-day increase of 12,881 COVID-19 cases reported in the last 24 hours, India's coronavirus count has reached 3,66,946 on Thursday.

This includes 1,60,384 active cases and 1,94,325 cured, discharged and migrated patients, according to the Union Health and Family Welfare Ministry.

Meanwhile, with 334 deaths being reported due to the infection, the toll due to the virus stands at 12,237 in the country.

There is a big increase in the number of confirmed cases in the country today as compared to the recent days when the spike had been limited to under 11,000 cases.

Maharashtra with 1,16,752 cases continues to be the worst-affected state in the country with 51,935 active cases while 59,166 patients have been cured and discharged in the state so far. The toll due to COVID-19 stands at 5,651 in the state.

The number of confirmed cases in Tamil Nadu also crossed the 50 thousand mark on Thursday and reached 50,193. The national capital is the third-worst affected by the infection in the country with the count reaching 47,102 today.

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News Network
July 26,2020

New Delhi, Jul 26: India reported a spike of 48,661 coronavirus cases in the last 24 hours, said the Union Ministry of Health and Family Welfare on Sunday.

The total COVID-19 positive cases stand at 13,85,522, including 4,67,882 active cases, 8,85,577 cured/discharged/migrated, it added.
With 705 deaths in the last 24 hours, the cumulative toll reached 32,063.

Maharashtra has reported 3,66,368 coronavirus cases, the highest among states and Union Territories in the country.

A total of 2,06,737 cases have been reported from Tamil Nadu till now, while Delhi has recorded a total of 1,29,531 coronavirus cases.

According to the Indian Council of Medical Research (ICMR), 4,42,263 samples were tested for coronavirus on Saturday and overall 1,62,91,331 samples have been tested so far.

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News Network
May 19,2020

May 18: Risk managers expect a prolonged global recession as a result of the coronavirus pandemic, a report by the World Economic Forum showed on Tuesday.

Two-thirds of the 347 respondents to the survey - carried out in response to the outbreak - put a lengthy contraction in the global economy top of their list of concerns for the next 18 months.

Half of risk managers expected bankruptcies and industry consolidation, the failure of industries to recover and high levels of unemployment, particularly among the young.

“The crisis has devastated lives and livelihoods. It has triggered an economic crisis with far-reaching implications and revealed the inadequacies of the past," said Saadia Zahidi, managing director of the World Economic Forum.

Environmental goals risk being discarded as a result of the pandemic, the report said, but governments should try to carve out a "green recovery".

"We now have a unique opportunity to use this crisis to do things differently and build back better economies that are more sustainable, resilient and inclusive," Zahidi said.

The report was compiled by the World Economic Forum’s Global Risks Advisory Board together with Marsh & McLennan Companies Inc and Zurich Insurance Group.

Risk managers were surveyed between April 1 and 13.

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