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Pakistan SC disqualifies Nawaz Sharif as PM over Panama Papers case

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Pak SC debarred Nawaz Sharif as PM on Panama Papers case

[vc_row][vc_column][vc_column_text]In a unanimous verdict, 5-judge Bench says case of Sharif family’s dubious financial dealings will be referred to an accountability court within six weeks; Sharif’s finance minister Ishaq Dar also dismissed

In a landmark decision that will no doubt have far reaching consequences in Pakistan’s political and social churning over the next few days, a five-judge Bench of the Supreme Court of Pakistan, on Friday, disqualified Prime Minister Nawaz Sharif from holding public office in a case related to last year’s Panama Papers exposé which had revealed how the country’s first family amassed wealth through dubious means and invested it through shady deals.

The unanimous verdict, passed by a Bench headed by Justice Asif Saeed Khan and comprising justices Ejaz Afzal Khan, Gulzar Ahmed, Sheikh Azmat Saeed and Ijazul Ahsan, recommended that all material collected by the joint investigation team (JIT) tasked with probing the Sharif family’s financial dealings would be sent to an accountability court within six weeks.

The JIT had been constituted in April after the Supreme Court Bench failed to reach a unanimous verdict on Sharif’s disqualification and it submitted its finding to the top court earlier this month, stating that the charges of financial impropriety were found to be true.

Further, the court also said that proceedings on the references made to the National Accountability Board (NAB) of Pakistan on the allegations of dubious financial dealings of Sharif and his family members, including his sons Hussain and Hassan Nawaz and daughter Maryam, should be wrapped up within six months. Besides the Sharif family, the cases will also be opened against Finance Minister Ishaq Dar and Captain Muhammad Safdar , a member of the National Assembly of Pakistan. Both Dar and Captain Safdar have also been dismissed from their posts.

In a packed courtroom – filled largely with supporters of Sharif and an army of lawyers and journalists – Justice Ejaz Afzal Khan read out the verdict shortly after 12 noon, saying: “He (Nawaz Sharif) is disqualified as a member of the Parliament so he has ceased to be holding the office of Prime Minister.”

Pakistani media reports immediately began speculating that Sharif could also face arrest over the next few days considering the grave charges that have been made out against him – which, besides allegations of financial misconduct, also include misleading the nation and being dishonest to the Parliament and the court.

The court also asked the Election Commission of Pakistan (ECP) to de-notify the prime minister from his National Assembly seat – effectively meaning that Sharif election now stands void and he can’t contest again till the court allows him to do so – to fulfill the technicalities of implementing the order. The Supreme Court said the ECP should “de-seat the PM for not disclosing his role in the Dubai-based Capital FZE company in his nomination papers” and in doing so he was “not honest and truthful”.

Soon after the verdict was pronounced, the Pakistan establishment signalled that it would make a last ditch effort to help Sharif stay on as Prime Minister despite the top court’s reference to the ECP for de-notifying his election. Although the Supreme Court specifically urged Pakistan President Mamnoon Hussain “to ensure a smooth transition for the democratic process”, Attorney General of Pakistan, Ashtar Ausaf Ali, told mediapersons in Lahore that “the Prime Minister still holds the office and will continue to do so until the President asks him otherwise”.

The Pak Attorney General quoted Article 190 of the Pakistan Constitution which says that it is the prerogative of the President to decide on whether a sitting prime minister should be asked to step down or not.

However, there is a legal precedent in Pakistan of the Supreme Court dismissing a Prime Minister from holding office. In 2012, then Premier Yousaf Raza Gilani was disqualified over contempt of court charges for refusing to re-open a corruption case against then President Asif Ali Zardari.[/vc_column_text][vc_row_inner css=”.vc_custom_1501236988306{margin-bottom: 20px !important;border-bottom-width: 20px !important;padding-top: 20px !important;background-color: #a2b1bf !important;}”][vc_column_inner][vc_column_text]Khawaja Asif to be made interim PM till Shahbaz can take over?

Khawaja Asif and Nawaz ShahbazThis is for the third time that Sharif would be unable to complete his term as Prime Minister of Pakistan. Although Sharif’s dismissal from office was largely seen as a foregone conclusion, there is no clarity yet on who will take over as Prime Minister now. Local media reports from Pakistan suggest that Defence Minister Khawaja Asif could be elevated as the interim PM. In the run up to Friday’s court hearing, banners urging Sharif’s younger brother and current chief minister of Pakistan’s Punjab province, Shahbaz Sharif, to take over as the PM had sprung up all across Lahore and sources say that though Asif could for now be made the interim PM, Shahbaz would eventually be appointed to the office and serve out the remained of the term till the 2018 general elections in Pakistan.[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row css=”.vc_custom_1501237125162{margin-bottom: 20px !important;border-bottom-width: 20px !important;padding-top: 20px !important;background-color: #a2b1bf !important;}”][vc_column][vc_column_text]Panama papers case against Nawaz Sharif and family

Panama Papers CaseHussain and Hasan Nawaz Sharif, and Mariam Safdar, the sons and daughter of the Pakistan Prime Minister allegedly set up at least four offshore companies in British Virgin Islands (BVI). These companies are said to own at least six upmarket properties overlooking London’s Hyde Park. The Sharif family reportedly mortgaged four of these properties to the Deutsche Bank (Suisse) SA for a loan of GBP 7 million and the Bank of Scotland part financed the purchase of two other apartments. Nawaz Sharif has denied ownership of all these properties and dismissed the allegations against him and his family.

Nescol Limited and Nielson Holdings Limited were incorporated in BVI in 1993 and 1994, respectively, and were held by one bearer share each. In February 2006, Mariam Safdar signed a resolution of Nescol Limited as the “sole (bearer) shareholder”. Mossack Fonseca was appointed as the registered agent through Minerva Trust which described Mariam Safdar as the beneficial owner of both companies, the Indian Express-International Consortium of Investigative Journalists (ICIJ) joint investigation into the Panama papers had revealed.

The Panama Papers investigation saw multiple news organizations from across the world, including The Indian Express from India, join their efforts in 2016 on the issue of unearthing unaccounted wealth of some of the world’s most rich and famous politicians and businessmen, after the ICIJ shared files from the database of the world’s fourth biggest offshore law firm, Mossack Fonseca. The records had been obtained from an anonymous source by German newspaper Süddeutsche Zeitung.[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1501237200570{padding-top: 20px !important;background-color: #a2b1bf !important;}”][vc_column][vc_column_text]The Joint Investigation Team

On April 20, 2017, a five-judge bench of the Supreme Court of Pakistan had pronounced its verdict in the Panama Papers case against Sharif. However, the verdict was split as three of the five judges ruled in favour of forming a Joint Investigation Team (JIT) to find out whether the allegations against the Pakistan Prime Minister and his family were true or not. Only two judges – Justices Asif Saeed Khosa and Gulzar Ahmed – ruled for Sharif’s disqualification from office. The top court had then set up a six-member JIT to investigate the charges against Sharif and his family and had asked the first family of Pakistan to appear before the JIT as and when summoned.

The JIT members, during a seven-week period, interrogated eight members of the Sharif family – PM Nawaz Sharif, his younger brother Shahbaz Sharif, sons Hassan and Hussain Nawaz, daughter Maryam Nawaz, son-in-law Captain Safdar, cousin Tariq Shafi and Finance Minister Ishaq Dar, among others.

The six-member JIT included Federal Investigation Agency (FIA) Additional Director General Wajid Zia, Military Intelligence’s Brigadier Kamran Khurshid, National Accountability Bureau (NAB) Director Irfan Naeem Mangi, State Bank of Pakistan’s Amer Aziz, Securities and Exchange Commission of Pakistan (SECP) Executive Director Bilal Rasool and Inter-Services Intelligence’s Brigadier Muhammad Nauman Saeed.

In its report submitted to the apex court on July 10, the JIT said that the Sharif family led a lifestyle that was beyond its known and declared sources of income and charged them with concealment of facts and being beneficial owners of multiple offshore companies. The JIT also recommended initiation of reference against the PM and members of his family in the NAB while highlighting their failure in providing a money trail for their London apartments. Sharif, however, maintained that the JIT report was a “bundle of baseless allegations.”[/vc_column_text][/vc_column][/vc_row]

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PM Modi and Netanyahu pledge deeper defence, trade ties during Israel visit

PM Narendra Modi and Benjamin Netanyahu pledged to deepen defence, trade and connectivity ties during Modi’s visit to Israel, with missile deals and IMEC discussions on the agenda.

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Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu have reaffirmed their commitment to strengthening defence, trade and security cooperation, marking a significant step forward in India-Israel relations during Mr Modi’s visit to Tel Aviv.

Addressing Israel’s parliament, the Knesset, Mr Modi described defence cooperation as an “important pillar” of the bilateral partnership and stressed the need for closer collaboration in an increasingly uncertain global environment.

“In today’s uncertain world, a strong defence partnership between trusted partners like India and Israel is of vital importance,” he said.

Defence deal likely on agenda

During the visit — Mr Modi’s first to Israel in nine years — discussions are expected to include a major order for Israeli-made missile systems. An official in New Delhi familiar with the matter indicated that details of the potential deal may not be publicly disclosed, as both governments are keen to keep the spotlight on broader strategic ties.

India’s Ministry of External Affairs has not commented on the reported missile purchase.

Israel has long been among India’s key arms suppliers. Over the years, the defence relationship has evolved into joint manufacturing projects, including drones and missile systems. Ahead of the visit, Israel’s Ambassador to India, Reuven Azar, said both sides are working towards a more comprehensive defence and security framework that could open doors for cooperation on more sensitive projects.

Focus on trade and investment

Trade and investment featured prominently in the leaders’ discussions. Mr Modi said both governments are committed to expanding bilateral trade, boosting investment flows and promoting joint infrastructure projects.

Israeli negotiators recently travelled to India to begin formal talks on a proposed free-trade agreement, building on terms agreed in November. Such a pact could provide Israel greater access to one of the world’s fastest-growing economies.

According to Israel’s Economy and Industry Ministry, India is Israel’s second-largest trading partner in Asia, with bilateral trade estimated at $5 billion in 2025, excluding defence transactions.

India is also the largest buyer of Israeli defence equipment, accounting for up to 34% of Israel’s total arms exports, according to data from the Stockholm International Peace Research Institute.

Regional security and Gaza ceasefire

The visit comes amid shifting regional alliances and ongoing security challenges. Referring to last year’s ceasefire in Gaza, Mr Modi said the truce created an opportunity for closer cooperation.

He also welcomed the US-brokered peace plan for Gaza, later endorsed by the United Nations, saying it holds the promise of a just and durable peace, including progress on the Palestine issue. However, uncertainty remains over the future of the truce with Hamas, with key governance and security questions yet to be resolved.

Strategic observers note that both leaders see their countries as operating in complex neighbourhoods marked by security threats and geopolitical shifts.

Connectivity push through IMEC

Connectivity initiatives also featured in the discussions. Mr Netanyahu told the Knesset that India and Israel are working on developing a maritime and land corridor linking India to Israel’s port of Haifa and onward to Europe.

The plan builds on the India-Middle East-Europe Economic Corridor initiative unveiled in September 2023. Although the outbreak of the Israel-Hamas conflict soon after raised concerns about the project’s future, Israeli officials have indicated that the corridor remains viable.

Haifa port, partly acquired by India’s Adani Group, is expected to play a key role as the Mediterranean endpoint of the corridor.

As India and Israel seek to reinforce strategic, economic and security ties, the visit underlines the growing convergence between New Delhi and Tel Aviv in defence, trade and regional connectivity.

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Canada softens stance on alleged Indian interference ahead of PM Carney’s India visit

Canada appears to ease its earlier allegations of Indian interference as PM Mark Carney heads to India to strengthen trade and strategic ties.

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Canada appears to be easing its earlier allegations of Indian interference as Prime Minister Mark Carney prepares for a key visit to India aimed at rebuilding commercial and diplomatic ties.

Senior officials in Ottawa indicated that the Canadian government maintains “mature and robust discussions” with the Government of India on concerns related to foreign interference. They also emphasised that Canada has strong safeguards in place to protect its democratic institutions.

According to officials quoted by media, the Prime Minister would likely not be travelling to India if Ottawa believed New Delhi was actively interfering in Canada’s democratic processes. The remarks suggest a noticeable shift from the strong accusations levelled last year.

Officials said there has been sustained engagement with the government of Narendra Modi at multiple levels, including senior officials, ministers and leadership-level interactions. They expressed confidence that the discussions provide a foundation for further constructive dialogue.

At the same time, a senior official reiterated that Canada maintains “no tolerance” for foreign interference in its domestic affairs.

From allegations to engagement

The recent comments contrast with statements made last June by the Canadian Security Intelligence Service (CSIS), which accused India of being among the primary actors involved in foreign interference and espionage activities in Canada.

CSIS had also described alleged links between Indian authorities and the 2023 killing of Hardeep Singh Nijjar in Vancouver as a “significant escalation” in India’s actions against the Khalistan movement.

India firmly rejected those accusations. The dispute triggered a diplomatic standoff, with both countries expelling senior diplomats from Ottawa and New Delhi in a tit-for-tat move.

Carney’s push to rebuild ties

Prime Minister Carney’s visit to India is being positioned as part of a broader Indo-Pacific outreach and a more pragmatic foreign policy approach. His trip will begin in Mumbai before he heads to New Delhi for talks with Prime Minister Modi.

The visit comes as both nations seek to stabilise relations that deteriorated sharply following Canada’s allegations over Nijjar’s killing — claims that New Delhi strongly denied.

Carney’s office has said discussions will centre on expanding cooperation in trade, energy, technology, artificial intelligence, talent mobility, culture and defence.

Growing trade partnership

India is currently Canada’s seventh-largest trading partner in goods and services. Annual bilateral trade exceeds $21 billion, according to Canadian government data.

The two sides had previously agreed to resume negotiations on a proposed free-trade agreement, targeting bilateral trade of $50 billion by 2030.

More than 600 Canadian companies operate in India across sectors such as information technology, banking, health sciences and financial services. Key Indian exports to Canada include pharmaceuticals, gems and jewellery, precious stones and seafood.

Diplomatic ties show signs of recovery

Canada hosts approximately 2.8 million people of Indian origin. Nearly 400,000 Indian students are enrolled in Canadian universities, making them the largest group of international students in the country.

Canada is also home to the largest Sikh population outside India, including some fringe separatist elements advocating for Khalistan.

Relations between the two countries began to improve after Carney assumed office in March 2025, with envoys restored and diplomatic engagement gradually resuming.

The upcoming visit is being viewed as a significant step toward stabilising ties and advancing economic cooperation amid shifting global trade dynamics and uncertainties linked to policies under US President Donald Trump.

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PM Modi reaffirms support for Israel, recalls 26/11 victims in Knesset address

Addressing Israel’s parliament, PM Narendra Modi reaffirmed India’s support for Israel, condemned terrorism, and recalled the 26/11 Mumbai attacks.

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Prime Minister Narendra Modi on Wednesday addressed the Knesset, expressing solidarity with Israel and condemning terrorism, while highlighting the growing partnership between the two nations.

Calling it a rare honour, Mr Modi said he brought greetings from 1.4 billion Indians and described his address as a symbol of the warmth between the two democracies.

Condolences over October 7 attack

The Prime Minister conveyed condolences for the lives lost in the October 7 attack by Hamas. He said India shares Israel’s grief and stands firmly with the country “with full conviction in this moment and beyond”.

“Nothing can justify terrorism,” Mr Modi said, adding that India too has suffered from terror attacks for decades. He recalled the 26/11 Mumbai attacks and the innocent lives lost, including Israeli citizens, and reiterated India’s policy of zero tolerance towards terrorism without double standards.

Reference to Abraham Accords and regional hope

Referring to the Abraham Accords, Mr Modi said India had applauded the vision and courage shown at the time. While noting that the regional situation has since become more challenging, he stressed the importance of sustaining hope for peace.

Historic ties and expanding partnership

The Prime Minister said he was the first Indian Prime Minister to visit Israel nine years ago and expressed happiness at returning. He also noted that he shares his birth date — September 17, 1950 — with the day India formally recognised Israel.

Recalling his earlier visit to Israel as Gujarat Chief Minister in 2006 and his 2017 trip as Prime Minister, Mr Modi said bilateral ties were elevated to a Strategic Partnership during the latter visit. Since then, he added, engagement has broadened across sectors.

He pointed to cooperation in innovation, mentioning the inauguration of the iCreate Technology Business Incubator in 2018 with then Prime Minister Benjamin Netanyahu. The incubator, he said, has since supported nearly 900 start-ups.

Shared civilisational values

Mr Modi said Jewish communities have lived in India without fear of persecution and have preserved their faith while participating fully in society. He described this as a matter of pride.

Highlighting philosophical parallels, he referred to the Israeli concept of “Tikkun Olam”, meaning healing the world, and India’s belief in “Vasudhaiva Kutumbakam”, which sees the world as one family. Both traditions, he said, call for compassion and moral courage beyond immediate boundaries.

He also acknowledged the contribution of Indian caregivers and skilled workers in Israel, noting their courage and dedication, including during the October 7 crisis.

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