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Nawaz Sharif, daughter and son-in-law indicted in Avenfield graft case

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Nawaz Sharif

[vc_row][vc_column][vc_column_text]Trial against the ousted Pakistan Prime Minister and his family in the Avenfield properties case will start on October 26

In a move that is likely to increase political troubles for Nawaz Sharif, an accountability court in Islamabad indicted the ousted Pakistan Prime Minister, his daughter Maryam and her husband Captain (retired) Mohammad Safdar in a corruption case related to their London-based Avenfield properties case.

The indictment has now paved the way for a trial to commence against Sharif, his daughter and son-in-law in the Avenfield flats reference – one of the three references made by Pakistan’s National Accountability Bureau (ACB) against the Sharif family earlier this year after a five-judge Bench of the country’s Supreme Court disqualified Nawaz Sharif from holding the office of Prime Minister. Sharif was forced to step down from the Pakistan Premier’s office after the SC verdict which had stemmed from the cases filed against Sharif on the basis of allegations made against him and his family members during the Panama Papers leaks in 2016. The Panama Papers leaks appeared to show that Sharif’s daughter and two sons owned offshore holding companies registered in the British Virgin Islands and used them to buy posh flats in London.

Sharif is currently in the United Kingdom to attend to his ailing wife Kulsoom who is undergoing treatment for throat cancer at a hospital in London. The Pakistan Muslim League (Nawaz) chief and his sons Hassan and Hussain are likely to be indicted in the two more references made against them by the ACB later on Thursday.

During the hearing in the Avenfield properties reference in the Islamabad-based accountability court on Thursday, Maryam, Safdar and Nawaz Sharif’s pleader said that the ousted Prime Minister was pleading “not guilty” to the charges brought against him. Maryam and Safdar who were both present in the courtroom also pleaded not guilty.[/vc_column_text][vc_raw_html]JTNDaWZyYW1lJTIwd2lkdGglM0QlMjI4MTklMjIlMjBoZWlnaHQlM0QlMjI0OTElMjIlMjBzcmMlM0QlMjJodHRwcyUzQSUyRiUyRnd3dy55b3V0dWJlLmNvbSUyRmVtYmVkJTJGd05mTUhyWnM0b3clMjIlMjBmcmFtZWJvcmRlciUzRCUyMjAlMjIlMjBhbGxvd2Z1bGxzY3JlZW4lM0UlM0MlMkZpZnJhbWUlM0U=[/vc_raw_html][vc_column_text]“I do not plead guilty. Charges are not only groundless, baseless and unfounded but also frivolous, and on top of that we are being denied our right to fair trial. The charges are being framed on a report that is incomplete and controversial. It will go down in history as [a] mockery of justice and travesty of justice. Moreover, the charges are being framed without awaiting the detailed order of the Supreme Court in the review petitions,” Sharif’s pleader – Zafir Khan said in a statement before the court after the trio were indicted.

Earlier, the court had rejected applications filed by Sharif, Maryam and Capt Safdar which sought suspension of the indictment on grounds that the PML-N chief was in London to attend to his wife and so could not be present in the court for the proceedings. As a result, both Nawaz Sharif and his family’s lead counsel Khawaja Haris were not present during the indictment as they are both in London.

According to a report by Pakistan’s Dawn News, Maryam has been charged with being the beneficial owner of the London flats while Capt Safdar has been charged with being her accomplice in acquiring the said Avenfield apartments. The indictment order passed by the accountability court states that the “accused were unsuccessful in showing the sources of income used to purchase the London flats”.

On October 26, when the trial in the Avenfield flats reference begins, Securities and Exchange Commission of Pakistan’s (SECP) joint registrar Sidra Mansoor will record Maryam’s statement as the first witness in the case.

While speaking to reporters in Islamabad after the indictment, Maryam said: “one day there would be accountability of the accountability process” that her family is going through and that “Injustice and atrocities cannot continue together.”

The indictment of the Sharif family, which comes a little over two months after Nawaz Sharif was forced to step down as Prime Minister following the country’s verdict in the Panama Papers case against him, has given more ammunition to attack the ousted Premier’s political rivals in the country at a time when Pakistan’s general elections are less than a year away.

Speaking to Pakistan’s Geo News about Maryam and Capt Safdar’s indictment, Awami Muslim League (AML) leader Sheikh Rashid said: “The law has truly been implemented today.”

Fawad Chaudhary, spokesperson of cricketer-turned politician Imran Khan’s Pakistan Tehreek-i-Insaf party too expressed satisfaction over the indictment and hoped that the court would also indict Sharif and his family in the other two references made against them in corruption cases.[/vc_column_text][/vc_column][/vc_row]

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Byju’s founder Byju Raveendran sentenced to six months in jail by Singapore court over asset orders

In a major setback, a Singapore court has sentenced Byju’s founder Byju Raveendran to six months in prison for contempt after he failed to comply with multiple court orders regarding his assets.

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In a massive legal blow to the founder of the failed Indian educational technology firm Think & Learn Pvt (better known as Byju’s), a Singapore court has sentenced Byju Raveendran to six months in jail for contempt of court.

The court ordered the jail term after concluding that Raveendran had deliberately disobeyed multiple judicial directives regarding his personal assets, dating as far back as April 2024.

Disobedience of asset orders leads to prison sentence

According to people familiar with the matter, the Singapore court has instructed Raveendran to immediately surrender himself to the officials. Alongside the six-month prison sentence, the Byju’s founder has been ordered to pay legal costs amounting to S$90,000 (approximately $70,500). Furthermore, he has been mandated to provide documents verifying his official legal ownership of Beeaar Investco Pte, a corporate entity that holds equity shares in a related firm.

At the time of reporting, it remains unclear whether Raveendran is currently residing in Singapore or located elsewhere, and he did not immediately respond to requests for comment.

Escalating global legal battles

This sentencing marks the latest and perhaps most severe setback for the entrepreneur, who once achieved billionaire status amid a massive wave of global capital flowing into Indian start-ups. Today, Raveendran is being rigorously pursued by foreign investors across international jurisdictions. This includes intensifying legal battles in the United States, where global lenders are actively trying to recover heavy financial losses stemming from a defaulted $1.2 billion loan.

Media reports indicate that the ongoing Singapore court proceedings represent a broadening web of legal and financial crises following the operational collapse of the once-celebrated edtech giant.

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US hits Iranian missile sites and mine-laying boats near Strait of Hormuz amid peace talks

US Central Command executed targeted strikes against Iranian missile launch sites and mine-laying vessels near Bandar Abbas, testing a fragile ceasefire even as high-stakes diplomatic talks continue in the region.

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In a major development testing a fragile regional ceasefire, the United States military carried out targeted strikes in southern Iran on Monday. The operation hit missile launch sites and vessels allegedly attempting to lay mines near the crucial Strait of Hormuz, according to statements from the US Central Command (CENTCOM).

The military action took place near Bandar Abbas, a prominent southern port city hosting a primary Iranian naval base. Media reporting indicated that explosions were heard across multiple coastal locations, including Sirik and Jask.

Focus on ‘Self-Defense’ Amid Active Ceasefire

A spokesperson for CENTCOM, Capt. Tim Hawkins, confirmed that the engagement was defensive in nature. “US forces conducted self-defense strikes in southern Iran today to protect our troops from threats posed by Iranian forces,” Hawkins stated. He noted that the operational targets included active missile launch sites alongside Iranian boats attempting to emplace naval mines. Despite the escalation, CENTCOM emphasized that it continues to exercise restraint under the parameters of the ongoing ceasefire brokered in early April.

According to media reports, the tactical response was triggered when two Islamic Revolution Guard Corps (IRGC) boats were detected laying mines in the strategic shipping lane. Additionally, a surface-to-air missile site reportedly targeted American warplanes, prompting US forces to neutralize both the vessels and the missile installations. Media channels citing local updates indicated that four individuals were killed in the strikes, though the complete casualty figures remain unverified.

Diplomatic Dialogue Continues in Parallel

The strikes coincide with a critical phase of diplomatic negotiations aimed at extending the current truce. Top Iranian negotiators traveled to Qatar early this week to discuss a potential 60-day extension of the ceasefire, alongside provisions to keep the Strait of Hormuz fully operational for global trade.

US officials maintain that the military action does not signal an end to the active truce. A senior administration source clarified that the specific operations are “over for now”. US Secretary of State Marco Rubio, speaking from India, affirmed that diplomatic channels remain open and active. Rubio stated that intensive language discussions regarding the initial documents are ongoing, reiterating that the opening of the strategic strait remains a core objective.

Meanwhile, political leaders in Washington have separately reiterated demands for the secured disposal or international transfer of enriched uranium stockpiles as part of any comprehensive long-term agreement.

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US announces new America First visa schedule to boost business ties with India

During his official state visit to New Delhi, US Secretary of State Marco Rubio announced a new America First visa schedule designed to prioritise business professionals and boost bilateral trade efficiency.

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In a significant development aimed at strengthening bilateral cooperation, the United States has introduced a new “America First” visa schedule. The policy update was announced by US Secretary of State Marco Rubio during his official four-day visit to India. The new schedule is specifically designed to prioritise business professionals who play a key role in fortifying trade and strategic connections between the two nations.

Speaking about the initiative in the national capital, the top US diplomat clarified that the updated framework will not only assist visa applicants but will also significantly enhance operational productivity for the diplomatic mission. “We’re introducing a new America First visa schedule that prioritises business professionals that strengthen these ties,” Rubio stated. He added that the arrangement will enable the system to process applications with greater accuracy, speed, and efficiency.

Focus on Indo-Pacific and regional security

The announcement coincided with high-level discussions between the visiting diplomat and Prime Minister Narendra Modi. The meeting, which lasted for over an hour, covered critical areas of bilateral interest, including trade, energy security, strategic technologies, defence cooperation, and the ongoing West Asia crisis. During the interaction, Rubio extended an official invitation from US President Donald Trump for PM Modi to visit the White House in the near future.

The US Secretary of State described the partnership between New Delhi and Washington as a foundational cornerstone of America’s overarching strategy for the Indo-Pacific region. Highlighting India’s central role, Rubio noted that his very first official engagement upon taking office was a meeting of the Quadrilateral Security Dialogue (Quad), emphasizing that hosting the upcoming foreign ministers’ meeting in India acts as a tangible sign of the deep commitment to this framework.

Clarification on immigration rules

Addressing separate concerns regarding recent shifts in American immigration policies, the top diplomat provided a crucial clarification regarding the new guidelines for permanent residency. Media reports had previously highlighted anxieties surrounding a newly instituted rule that requires many legal immigrants to exit the US and apply for green cards from their home countries.

Rubio explicitly stated to the media that these measures are universal regulatory updates rather than policy shifts targeted at any specific nation. He reassured that the rule is applicable globally to all international applicants and is not directed exclusively at Indian citizens.

The visit marks Rubio’s first official trip to India since assuming office. His comprehensive itinerary began in Kolkata and includes a scheduled bilateral dialogue with External Affairs Minister S Jaishankar, alongside participation in the Quad Foreign Ministers’ meeting alongside international counterparts.

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