Nawaz Sharif sentenced to ten years imprisonment in corruption case

Agencies
July 6, 2018

Islamabad, Jul 6: An accountability court in Pakistan on Friday sentenced ousted prime minister Nawaz Sharif to 10 years in prison in one of the three corruption cases against him in the high-profile Panama Papers scandal

The court delivered the verdict after postponing it for four times in the Avenfield corruption case -- pertaining to the ownership of four flats in the posh Avenfield House in London

Sharif, 68, is in London attending to his wife Kulsoom Nawaz who was diagnosed with throat cancer last year

Accountability court judge Mohammad Bashir pronounced the verdict behind closed doors

Sharif was sentenced to 10 years in prison in the Avenfield properties case while his daughter Maryam was sentenced to seven years

Nawaz's son-in-law Capt (retd) Safdar was given a one year sentence

While Sharif was fined 8 million pounds (USD 10 million), his daughter Maryam was handed down a 2 million pound (USD 2.6 million) fine

The judgement runs in over 100 pages

The ruling came weeks before the general elections in Pakistan on July 25

Authorities had deployed a large number of security personnel in and around the Federal Judicial Complex, where the court is located. The roads leading to the complex have also been closed to the general traffic

Three-time prime minister Sharif resigned as Pakistan prime minister last year after the Supreme Court disqualified him from holding public office and ruled that graft cases be filed against the beleaguered leader and his children over the Panama Papers scandal

Sharif and his daughter Maryam have made several trips back and forth from London to attend the hearings and attend to the ailing Kulsoom

The Avenfield case was among the three corruption cases filed against the former premier and his children by the National Accountability Bureau (NAB) on the Supreme Court's orders in the Panama Papers case which disqualified Sharif

Apart from Sharif, Maryam and son-in-law Capt (retd) Safdar are accused in the case. Sharif's two sons - Hasan and Hussain - also wanted in the case, have been declared proclaimed offenders owing to their no-show.

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News Network
June 24,2020

Islamabad, Jun 24: A plane crash which killed 97 people in Pakistan last month was because of human error by the pilot and air traffic control, according to an initial report into the disaster released Wednesday.

The Pakistan International Airlines (PIA) plane came down among houses on May 22 after both engines failed as it approached Karachi airport, killing all but two people on board.

"The pilot as well as the controller didn't follow the standard rules," the country's aviation minister Ghulam Sarwar Khan said, announcing the findings in parliament.

He said the pilots had been discussing the coronavirus pandemic as they attempted to land the Airbus A320.

"The pilot and co-pilot were not focused and throughout the conversation was about coronavirus," Khan said.

The Pakistani investigation team, which included officials from the French government and the aviation industry, analysed data and voice recorders.

The minister said the plane was "100 percent fit for flying, there was no technical fault".

The county's deadliest aviation accident in eight years came days after domestic commercial flights resumed following a two-month coronavirus lockdown.

Many passengers were on their way to spend the Muslim holiday of Eid al-Fitr with loved ones.

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Agencies
March 1,2020

Washington, Mar 1: Beginning April 1, Indians wishing to immigrate to America will now have to pay an additional $50,000 for the EB-5 or the US investor visa, a media report said.

Although, this additional tax would impact all visa categories, it will predominantly create a barrier for people investing in the EB-5 visa programme, the American Bazaar daily said in the report on Friday.

In 2019, the EB-5 investor visa programme, for the first time since the 1990's, increased the minimum investment amount to $900,000.

With this increase in minimum investment, the new 5 per cent additional tax would mean that applicants would have to pay the extra $50,000, when they move money to an escrow account in the US to fulfil their application criterion.

"The changes to the tax on remittances is a reminder to Indians to carefully plan their tax position before making the move to the US," the American Bazaar quoted Mark Davies, Global Chairman, Davies & Associates LLC, as saying.

"People seeking to emigrate who do not wish to pay this tax at source and rather account for it later may wish to move their money ahead of the new rules coming into effect.

"It is possible to pre-emptively move money into an escrow account in the US until such a time as they are ready to proceed with emigration process," he added.

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News Network
May 1,2020

Washington, May 1: The United States on Thursday recorded 29,625 new coronavirus cases, and 2,035 deaths in the last 24 hours, according to Johns Hopkins University.

The total number of coronavirus cases has reached 1,069,534 and the death toll stands at 63,001, CNN reported.

The novel coronavirus has infected more than 3.2 million people and killed at least 233,000 globally, according to Johns Hopkins University.

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