Showing posts with label Asia News. Show all posts
Showing posts with label Asia News. Show all posts

Thursday, April 20, 2017

Pakistan court: Insufficient evidence to remove Sharif

Asia News: Pakistan court: Insufficient evidence to remove Sharif.

    Prime Minister Nawaz Sharif has denied any wrongdoing [Caren Firouz/Reuters]


Supreme Court rules not enough evidence to order prime minister’s removal over alleged corruption, orders investigation.


Pakistan's Supreme Court has ruled there was insufficient evidence to oust Prime Minister Nawaz Sharif over corruption allegations, but has ordered a high-level investigation into the charges.
The court issued its verdict on Thursday afternoon after months of hearings in a case based on the "Panama Papers" leaks that was moved by opposition leaders seeking Sharif's removal from office.
Following the announcement, both Sharif's ruling PML-N and opposition leader Imran Khan's PTI party claimed the verdict as a "victory".
"The Supreme Court has decided … the same thing that Nawaz Sharif himself had decided six months ago, when he ordered the formation of a commission to investigate [the allegations]," Khwaja Asif, a senior PML-N leader, told reporters outside the courthouse following the announcement.
Speaking to the press following the verdict, Khan termed the decision "historic" and called for Sharif to step down pending the completion of the investigation in 60 days from its formation.
"The [order for an investigation] means that whatever explanation [PM Sharif] had given in the Supreme Court regarding the source of income and the money trail has been rejected," said Khan.
"I demand that [Sharif] should resign immediately. And if you are cleared in 60 days, you should return." 

Investigating team to be formed

The five-member bench, which was split 3-2 on the judgment, decided that the source of the funds and assets in question had still not been conclusively established by Sharif.
It ordered Sharif and his children Hassan, Hussain and Maryam to submit themselves for investigation to a joint investigation team comprising members of the Federal Investigative Agency, intelligence agencies, the central bank and other bodies.
The body will be constituted within seven days, and submit fortnightly reports to the Supreme Court, the verdict said. It will complete its probe in 60 days, it said.
In a dissenting note in the verdict, which is not binding, two judges on the bench declared that Sharif should stand disqualified for having lied about his sources of income.
Infographic explaining Panama Papers [Al Jazeera]

Corruption allegations

The allegations focus on Sharif's previous two terms in office in the 1990s, with opposition politician Imran Khan and others alleging the prime minister and his family illegally profited from his position.
Security was tight around the capital Islamabad on Thursday morning, with dozens of police officers deputed to secure the government quarter where the Supreme Court is located.
In 2016, the International Consortium of Investigative Journalists (ICIJ) leaked 11.5 million documents from law firm Mossack Fonseca. Included in those documents were letters showing that three of Sharif's children - Maryam, Hassan and Hussain - were listed as beneficiaries for three companies registered in the British Virgin Islands.
The documents showed these companies were involved in a 2007 loan of $13.8m, made using high-value Sharif-owned properties in the United Kingdom as collateral, and a separate 2007 transaction amounting to $11.2m.
Owning off-shore companies is not illegal in Pakistan, but Sharif's political opponents allege this $25m was gained through corruption during his previous two terms in office as prime minister in the 1990s.
Sharif contends the money is in his children's names and he was therefore not obliged to declare the assets on tax and other disclosure documents. Moreover, he claims it was raised through legitimate business deals, mostly based in the Gulf countries.
Late last year, the Supreme Court took up the case, after months of wrangling between the government and opposition over the formation of a commission to probe the allegations.
Source: Al Jazeera News
Details: 
http://www.aljazeera.com/news/2017/04/pakistan-court-insufficient-evidence-remove-sharif-170420093419999.html

Wednesday, April 19, 2017

North Korea tension: China 'seriously concerned' about nuclear threats

North Korea tension: China 'seriously concerned' about nuclear threats


North Korea showed off military hardware at a parade in honour of the anniversary of founding father Kim Il-sung's birth

BBC News:
China says it is seriously concerned about North Korean nuclear development, in the wake of a BBC interview with a top official from the North.
North Korea's vice-foreign minister told the BBC Pyongyang would continue to test missiles and would launch a pre-emptive nuclear strike if it thought the US was planning an attack.
Foreign ministry spokesman Lu Kang said China opposed words or actions that could further raise tension.
North Korea-US tension is growing.
There has been heated rhetoric from both sides in recent days. US Vice-President Mike Pence, who has been visiting the region, warned the North not to test Washington and said the US "era of strategic patience" with Pyongyang was over.
The BBC's Stephen McDonell in Beijing says the Chinese government appears to be becoming increasingly frustrated with North Korea, its traditional ally.
"I have noted the recent report," Mr Lu said, referring to the BBC interview.
"China expresses serious concern with recent trends about North Korea's nuclear and missile development.
"China is unswerving in its commitment to realizing the denuclearization of the Korean peninsula, maintaining the peace and stability of the Korean peninsula, and continue to solve matters through dialogue and negotiations."
Mr Lu added that tension was already high in the region before the latest comments from Pyongyang.
The North held a show of military might in a parade over the weekend and tested another missile on Sunday, which the Pentagon said blew up almost immediately after launch.
Pyongyang said it may test missiles on a weekly basis, and warned of "all-out war" if the US takes military action.
"If the US is planning a military attack against us, we will react with a nuclear pre-emptive strike by our own style and method," Vice-Foreign Minister Han Song-ryol told the BBC on Monday.

BBC News:

More Details:
http://www.bbc.com/news/world-asia-39644453