PTI to wait for SC verdict on Panama before pressurising Sharif to resign

Agencies
July 18, 2017

Islamabad, Jul 18: As the Supreme Court is set to pronounce its verdict in the Panama Papers, the Pakistan Tehreek-i-Insaf (PTI) on Tuesday said it will wait for the court`s decision before calling on the people to take to the streets and force Prime Minister Nawaz Sharif to resign from his post.On the other hand, the Pakistan Peoples Party (PPP) has warned Sharif that he will be coerced to leave histhis post if he does not resign on his own, reported the Dawn.Sharif

"Our party will wait for the Supreme Court`s decision," PTI spokesman Fawad Chaudhry said.Chaudhry said the decision to wait has been made by the party, adding that the party will not organise big rallies or public meetings till the court announces its decision, but will hold small party conventions at various places."We do not want to give an impression that we have taken out people on the street before the apex court`s verdict, but we want to keep our workers charged so that they remain ready for any call by the chairman," he said.

Earlier on Monday, a Justice of Pakistan Supreme Court, who is heading the three-judge implementation bench hearing the Panama Papers case, said that the Joint Investigation Team`s (JIT) findings against Sharif`s family are not obligatory on the apex court."The JIT`s findings against Sharif family are not binding on the Supreme Court," the Express Tribune quoted Justice Ejaz Afzal Khan as saying during the hearing.The apex court questioned whether Sharif received monthly salary from FZE, an offshore company, as revealed in the JIT report.

According to the report, Justice Sheikh observed that the JIT obtained documents related to FZE through Mutual Legal Assistance (MLA) from United Arab Emirates under the National Accountability Bureau (NAB) law as those were certified and not source documents.Meanwhile, Justice Ejaz observed that it was debatable whether the documents could be accepted without questioning the people who signed them.The top court is likely to either put Sharif on trial on corruption charges or even disqualify him.However, the few are expecting the judges to dismiss the case after the JIT submitted a damaging report into Sharif`s family wealth.

Earlier, Sharif`s lawyers and Finance Minister Ishaq Dar, submitted separate objections to the JIT report in the apex court today.A three-member apex bench, headed by Justice Ejaz Afzal Khan, and comprising Justice Sheikh Azmat Saeed and Justice Ijazul Hassan, after the JIT began hearing the case as the JIT submitted its final report on July 10.The report pointed out a categorical foul play on part of the Prime Minister, his children and other family members in their wealth details linked to offshore companies unearthed in Panama Papers.

The report also found respondents guilty of being beneficial owners of multiple offshore companies and recommended initiation of reference against Sharif and his family members in the National Accountability Bureau.In the objections filed before the court, the Sharif family and the Finance Minister rejected the JIT report and argued that the team violated its mandate, reports the Dawn.

Meanwhile, PTI lead counsel Naeem Bukhari in his arguments highlighted certain findings from the JIT report, including the alleged false testimony of Tariq Shafi, who is Sharif`s cousin and a key respondent in the case.Shafi recorded a false testimony earlier regarding an agreement that he made in 1980 with Abdullah Kayed Ahli, the owner of Ahli Steel Company, Dubai in which Shafi held 25 per cent shares, said Bukhari.

The trust deed of the four flats located in London`s upscale Park Lane neighbourhood, executed between Maryam Nawaz and Hussain Nawaz - the Prime Minister`s children - in February 2006, was found to be false by the JIT, Bukhari told the apex bench.The counsel representing Sharif`s sons in the case, Salman Akram Raja, had argued before the SC in February that bearer certificates of the flats had remained with Maryam between February and July 2006. However, they were cancelled upon execution of the trust deed and registered under Minerva Services Limited - an entity that appointed directors for the two offshore companies, Nielson Enterprises Ltd and Nescoll Ltd. that owned the four flats.

The court is expected to either put Sharif on trial on corruption charges, or even disqualify him, but few expect the judges to dismiss the case.

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News Network
June 18,2020

Washington, Jun 18: US Defence officials are concerned over China's use of COVID-19 situation to gain stakes in strategically important companies of United States as the impact of novel coronavirus has left several companies in dire need of capital.

Amid the pandemic, it getting hard for the defence department to keep an eye on national security and help protect smaller companies down the chain, CNN reported.

"We are paying close attention to any indicators that China is leveraging Covid-19 to take advantage of a situation where defence companies need capital more than ever," a defence official told CNN.

In April, Ellen Lord, undersecretary of defence for acquisition and sustainment said it is paying close attention to 'adversaries' against the 'economic warfare' with the United States.

"We have to be very, very careful about the focused efforts some of our adversaries have to really undergo sort of economic warfare with us, which has been going on for some time," Ellen Lord, undersecretary of defence for acquisition and sustainment was quoted as saying by CNN.

US Committee on Foreign Investment protects its interest against hostile countries gaining ownership in strategically important companies. But the pandemic is changing the definition of national security concerns to include drugs, protective gear and medical supplies.

"These are now national security needs and we probably should have been thinking about it a long time ago in terms of biowarfare that we should have a trusted industrial base or a set of trusted allies -- the UK, or NATO allies or Japan or Korea -- who are trusted in that regard," Bill Greenwalt, a former Pentagon official.

Give the threat posed by foreign acquisition, Pentagon has been offering tools to help small US businesses defend themselves against adversarial investment and conducting background checks with other government agencies to ensure transparency.

US President Donald Trump's trade adviser Peter Navarro recently told CNN if Trump wins reelection, Washington DC will likely take offshore supply chains as national security priorities.

"If we fail to do that in the face of this crisis, we will have failed this country and all future generations of Americans," Navarro said.

The US State Department has also warned US allies to "avoid economic overreliance on China" and "guard their critical infrastructure" from China's influence.

Chad P Bown, a senior fellow at the Peterson Institute for International Economics, pointed to recent China's economic coercion of Australia on the political matter saying, "this is how China operates and everybody knows it."

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News Network
March 6,2020

Beijing, Mar 6: World health officials have warned that countries are not taking the coronavirus crisis seriously enough, as outbreaks surged across Europe and in the United States where medical workers sounded warnings over a "disturbing" lack of hospital preparedness.

The World Health Organization warned Thursday that a "long list" of countries were not showing "the level of political commitment" needed to "match the level of the threat we all face".

"This is not a drill," WHO chief Tedros Adhanom Ghebreyesus told reporters.

"This epidemic is a threat for every country, rich and poor."

Tedros called on the heads of government in every country to take charge of the response and "coordinate all sectors", rather than leaving it to health ministries.

What is needed, he said, is "aggressive preparedness."

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News Network
June 4,2020

Jun 4: Mahatma Gandhi’s statue outside the Indian Embassy in Washington DC was vandalised with graffiti and spray painting by unknown persons allegedly involved in the ongoing protests in the US against the custodial killing of African-American George Floyd.

This has prompted the mission officials to register a complaint with the local law enforcement agencies.

The incident is reported to have taken place on the intervening night of June 2 and 3 in Washington DC.

The Indian embassy has informed the State Department and registered a complaint with local law enforcement agencies, which are now conducting an investigation into the incident.

On Wednesday, a team of officials from Metropolitan Police in consultation with the Diplomatic Security Service and National Park Police visited the site and are conducting inquiries.

Efforts are on to clean up the site at the earliest.

Vandalism of the statue of the apostle of peace comes during the week of nationwide protests against the custodial killing of African-American George Floyd in Minneapolis on May 25.

Several of these protests have turned violent which many times has resulted in damage of some of the most prestigious and sacred American monuments.

In Washington DC, protestors this week burnt a historic church and damaged some of the prime properties and historic places like the national monument and Lincoln Memorial.

One of the few statues of a foreign leader on a federal land in Washington DC, the statue of Mahatma Gandhi was dedicated by the then Prime Minister Atal Bihari Vajpayee, in the presence of the then US president Bill Clinton on September 16, 2000, during his state visit to the US.

In October 1998, the US Congress had authorised the government of India to establish and maintain a memorial “to honour Mahatma Gandhi on Federal land in the District of Columbia."

According to the Indian Embassy website, the sculpture of Mahatma Gandhi is cast in bronze as a statue to a height of 8 feet 8 inches. It shows Gandhi in stride, as a leader and man of action evoking memories of his 1930 protest march against salt-tax, and the many padyatras (long marches) he undertook throughout the length and breadth of the Indian sub-continent.

The statue, the design of which was created by Gautam Pal, is a gift from the Indian Council for Cultural Relations (ICCR). The pedestal for the statue of Mahatma Gandhi is a block of new Imperial Red also known as Ruby Red a block originally weighing 25 tonnes reduced to a size of 9'x7'x3'4". It now weighs 16 tonnes.

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