Pakistan SC’s verdict on Nawaz Sharif in Panamagate

ISLAMABAD (TIP): Pakistan’s Supreme Court is pronouncing its verdict on Nawaz Sharif in the Panamagate case in which he and his family are accused of corruption. Stay with us for latest updates.

Meanwhile, interior minister Chaudhry Nisar Ali Khan on Thursday said that he would resign and quit politics after the Supreme Court judgment on the Panamagate case.

Nawaz Sharif leads Pakistan’s most powerful political family and the ruling PML-N party. Sharif, who has been the prime minister of Pakistan for a record three time, faces the risk of being disqualified if the court finds him guilty of corruption and money laundering.

What is Panamagate

The scandal is about alleged money laundering by Sharif in 1990s, when he twice served as prime minister, to purchase assets in London. The assets surfaced when Panama Papers leak last year revealed that they were managed through offshore companies owned by Sharif’s children.

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