FacebookInstagramTwitterContact

 

BORNEO HOUSING AGENCY: Terrace House in Bengkurong (B$190K, Property Chinese Owned) • Industrial Warehouse in Menglait, Gadong for Rent • Shop house in Gadong (Ground Floor) for Rent • Industrial Shops in Bunut for Sale • Land in Jerudong for Sale • Shop house in Kiulap for Sale (44 years lease, approx 5,000.00 per month rental) • Chempaka Terrace House for Rent (3 bedrooms, B$700.00 per month) • Shop house in Kiarong for Sale (B$380.00) • TEL: +6738732975, +6738839007           >>           Fully furnished office space for rent at Regus Brunei. Call +673-886-2879 or go to www.regus.com.bn           >>           Private Company Urgently Need Houses & Flats for Rent in Bandar Seri Begawan, Kindly Contact the ff. nos. for further information: 242-7623/+673 883-9007           >>           Lionel Messi nets 500th Barcelona goal as his side beat Real Madrid 3-2           >>           Tim Cook Reportedly Threatened To Pull Uber From App Store           >>           Most Habitable Planets May Be Completely Covered In Water           >>           With The Galaxy S8, Samsung Grabs The Smartphone Design Crown           >>           Apple Threatened To Drop Uber's App Over Iphone Tagging (Updated)           >>           Britain’s Biggest Dog Is 7ft And Weighs The Same As A Baby Elephant           >>           Kylie Jenner Takes Pic With Baby And Encounters Protesters Among Her Hundreds Of Fans At Las Vegas Event           >>           Global Antibiotics 'Revolution' Needed           >>           Dietary Myth Busted: Eating More Salt Does Not Make You Drink More Water… You Actually Use Less Water As A Result           >>           Hot Spots In Emerging Markets This Week: Nigeria, China, Turkey           >>          

 

SHARE THIS ARTICLE




REACH US


GENERAL INQUIRY

[email protected]

 

ADVERTISING

[email protected]

 

PRESS RELEASE

[email protected]

 

HOTLINE

+673 222-0178 [Office Hour]

+673 223-6740 [Fax]

 



Upcoming Events


DARe (How to Start Business - Food Industries)
April 19th, 2017 | 20:00 PM





Prayer Times


The prayer times for Brunei-Muara and Temburong districts. For Tutong add 1 minute and for Belait add 3 minutes.


Imsak

: 04:42AM

Subuh

: 04:52AM

Syuruk

: 06:11AM

Doha

: 06:34AM

Zohor

: 12:20PM

Asar

: 03:33PM

Maghrib

: 06:26PM

Isyak

: 07:37PM

 



The Business Directory


 

 



Asia


  Home > Asia


Panama Papers: Pakistan PM Nawaz Sharif Survives Corruption Ruling


Maryam Sharif is said to be her father's closest adviser

 


 April 21st, 2017  |  09:52 AM  |   318 views

PAKISTAN

 

Pakistan's Supreme Court has ruled there is insufficient evidence of corruption to remove Nawaz Sharif from the role of prime minister.

 

It instead ordered a further investigation into money transfers.

 

Questions arose over the business dealings of Mr Sharif's family when three of his children were linked to offshore accounts in the Panama Papers leaks in 2015.

 

Mr Sharif and his family have denied any wrongdoing.

 

They have dismissed the claims as politically motivated.

 

The case has made headlines in recent months amid predictions it could determine the future of PM Sharif.

 

About 1,500 police officers were deployed around the court in Islamabad. Protesters nearby urged Mr Sharif to step down with shouts of "Go Nawaz, Go Nawaz", Reuters reports.

 

Stocks rose following the highly anticipated decision on Thursday.

 

The Supreme Court agreed to investigate Mr Sharif's offshore wealth late last year after opposition leader Imran Khan threatened street protests.

 

The focus of the probe was on the funds used to purchase property in London using offshore companies.

 

Mr Sharif's daughter Maryam, tipped as a future political star, and his sons Hasan and Hussein are implicated in the allegations.

 

Mr Sharif says the wealth was acquired legally. But his critics have suggested offshore companies were used to launder illegally-obtained wealth or avoid taxes.

 

The Supreme Court's five-member bench was split on Thursday, with two judges voting against the prime minister but three choosing instead to order a further probe.

 

Mr Sharif's party, the Pakistan Muslim League - Nawaz (PML-N), hailed the decision and his daughter Maryam tweeted: "Praise and glory be to Allah alone."

 

'Don't celebrate yet' - Pakistan media warns of trouble to come

 

Analysts in Pakistan were quick to warn Mr Sharif not to be too triumphant over the verdict, noting that the forthcoming investigation may yet harm him politically.

 

Kashif Abbasi of ARY News said the ruling party has "nothing to be happy about" while Munizae Jahangir of Aaj news said "the issue won't be resolved" until the investigation was concluded.

 

Similarly, Faysal Aziz Khan, head of Bol Media Group, said that investigations of the kind ordered by the court are "formed to probe criminals". He concludes that Mr Sharif "is definitely in trouble."

 


 

Source:
courtesy of BBC NEWS

by BBC News

 

If you have any stories or news that you would like to share with the global online community, please feel free to share it with us by contacting us directly at [email protected]

 

Related News


Speaker Did Not Abuse His Power, Says His Deputy

 2017-04-24 09:15:49

North Korea 'Ready To Sink' Us Aircraft Carrier Vinson

 2017-04-24 09:27:55

Hot Spots In Emerging Markets This Week: Nigeria, China, Turkey

 2017-04-24 10:19:55