Panama Papers Scandal | Pakistani Prime Minister resigns after court verdict

Panama Scandal | Pakistani Prime Minister resigns after court verdict

Panama Scandal | Pakistani Prime Minister resigns after court verdict

Prime Minister Nawaz Sharif was the undoing of the Panama Papers. His resignation follows a historic decision of the Court of Justice.

Pakistani Prime Minister Nawaz Sharif has resigned. In a surprising decision, the Supreme Court had previously removed him from office. The decision of the five judges fell unanimously, as media reported on Friday. The background was allegations and several court proceedings for money laundering and corruption.

Shortly after the verdict, Sharif told his office on Friday that he had resigned. But he has “strong reservations” against the verdict and will use all “possibilities of the constitution and the right”.

For many years, Sharif was regarded as a political stand-up. The surprising decision of the Supreme Court ended the career of one of the most powerful politicians in the country and meets it in times of crisis.

Judges are driving corruption charges

In 2016, with the international Panama-Papers scandal, documents with the names of the children of the head of government also appeared, but not his own. In Pakistan, a Minister President of the Office may be removed if it turns out that he has hidden assets.

The court had justified its decision by saying that Sharif had not properly disclosed his assets. The judges also nominated the National Accounting Office to strike a corruption suit against Sharif, his two sons and his daughter Maryam, who had set up Sharif for his political succession. The judges in a second step argue that the decision should be valid for a lifetime and that Sharif will never again be able to participate in elections.

Sharif is one of the most powerful politicians of Atommacht Pakistan. His career spans more than 30 years. Political opponents celebrated the decision with wild street festivals.