ISLAMABAD: The Islamabad High Court (IHC) on Wednesday stopped a special court from announcing its verdict in a high treason case against former President Pervez Musharraf.
The special court’s proceedings ended on Nov. 19 and it was scheduled to present the ruling on Thursday, however, the Interior Ministry earlier this week requested that the IHC postpone it, arguing that it had not been given the opportunity to have a new prosecution team pursue the case.
The high treason case was filed against Musharraf in 2013 by the then ruling Pakistan Muslim League-Nawaz (PML-N). The general was charged with subverting the constitution and imposing a state of emergency on Nov. 3, 2007.
He was formally indicted in 2014.
Gen. Musharraf seized power in a bloodless coup on Oct. 12, 1999, when he was serving as the army chief. He stepped down in 2008, amid mass protests.
In 2016, Musharraf was allowed to leave Pakistan on medical grounds. His lawyer argued that the former president’s ill health prevented him from standing trial on treason and other charges.
Musharraf failed to appear in the special court for hearing.
The former military ruler is Pakistan’s first army chief to be charged with treason. He pleaded not guilty to the charges against him and dismissed them politically motivated.
IHC stops special court ruling in Musharraf treason case
IHC stops special court ruling in Musharraf treason case
- The court was scheduled to announce its ruling on Thursday
- Musharraf lives in self-exile in Dubai
Pakistan, ADB sign $730 loan agreements to boost SOE reforms, energy infrastructure
- Both sign $330 million Power Transmission Strengthening Project and $400 million SOE Transformation Program loan agreements
- Economic Affairs Division official says Transmission Project will secure Pakistan’s energy future by strengthening national grid’s backbone
KARACHI: Pakistan and the Asian Development Bank (ADB) on Thursday signed two loan agreements totaling $730 million to boost reforms in state-owned enterprises (SOEs) and energy infrastructure in the country, the bank said.
The first of the two agreements pertains to the SOE Transformation Program worth $400 million while the second loan, worth $330 million, is for a Power Transmission Strengthening Project, the lender said.
The agreements were signed by ADB Country Director for Pakistan Emma Fan and Pakistan’s Secretary of Economic Affairs Division Humair Karim.
“The agreements demonstrate ADB’s enduring commitment to supporting sustainable and inclusive economic growth in Pakistan,” the ADB said.
Pakistan’s SOEs have incurred losses worth billions of dollars over the years due to financial mismanagement and corruption. These entities, including the country’s national airline Pakistan International Airlines, which was sold to a private group this week, have relied on subsequent government bailouts over the years to operate.
The ADB approved the $400 million loan for SOE reforms on Dec. 12. It said the program seeks to improve governance and optimize the performance of Pakistan’s commercial SOEs.
Karim highlighted that the Power Transmission Strengthening Project will enable reliable evacuation of 2,300 MW from Pakistan’s upcoming hydropower projects, relieve overloading of existing transmission lines and enhance resilience under contingency conditions, the Press Information Department (PID) said.
“The Secretary emphasized that both initiatives are transformative in nature as the Transmission Project will secure Pakistan’s energy future by strengthening the backbone of the national grid whereas the SOE Program will enhance transparency, efficiency and sustainability of state-owned enterprises nationwide,” the PID said.
The ADB has supported reforms by Pakistan to strengthen its public finance and social protection systems. It has also undertaken programs in the country to help with post-flood reconstruction, improve food security and social and human capital.
To date, ADB says it has committed 764 public sector loans, grants and technical assistance totaling $43.4 billion to Pakistan.
