Jury members issue clemency appeal for Pakistani Guantanamo detainee

This photo screened by US Military officials on September 7, 2021 shows a sign for Camp Justice in Guantanamo Bay Naval Base, Cuba. (AFP)
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Updated 01 November 2021
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Jury members issue clemency appeal for Pakistani Guantanamo detainee

  • Majid Khan last week told sentencing jury how he was raped, beaten and waterboarded by CIA interrogators
  • Khan was sentenced to 26 years after pleading guilty to helping in Al-Qaeda plots in 2002

WASHINGTON: Seven senior US military officers who last week sentenced a Guantanamo Bay detainee to 26 years in prison issued an appeal for clemency in his case, calling his torture by the CIA a “stain” on America in a letter published on Sunday.

In the first-ever public account of torture by someone detained in the wake of the September 11 attacks, Pakistani national Majid Khan told the sentencing jury how he was raped, beaten and waterboarded by CIA interrogators.
Khan was sentenced at the US naval base in Cuba on October 29, after pleading guilty to helping in Al-Qaeda plots in 2002.
But in a handwritten letter first published by The New York Times, seven of the officers on the eight-member sentencing jury denounced his treatment as “a stain on the moral fiber of America.” The letter was confirmed to AFP as authentic by the military commissions at Guantanamo Bay.
“The panel members listed below recommend clemency in the case of Majid Shoukat Khan,” said the officers, who included six Army and Navy officers and one Marine. They signed the letter with their juror numbers, remaining anonymous.
“Mr. Khan committed serious crimes against the US and partner nations. He has plead guilty to these crimes and taken responsibility for his actions. Further, he has expressed remorse for the impact of the victims and their families,” they wrote.
It is unclear what if any impact the letter may have, however remarkable the stance taken by all but one of the active duty service members on the jury. 
Based on an earlier plea deal — of which the jurors were not aware — Khan stands to be freed as early as next year, after spending 19 years in US custody.
Khan was allowed to tell his story after agreeing not to divulge classified information. He described in a 39-page statement being tortured in Pakistan, Afghanistan and a third country following his capture in Karachi in March 2003.
“Mr. Khan was subjected to physical and psychological abuse well-beyond approved enhanced interrogation techniques,” the letter said. “This abuse was of no practical value in terms of intelligence, or any other tangible benefit to US interests.
The letter-writers said the youthful Khan had been a “vulnerable target for extremist recruiting,” having been mourning the loss of his mother at the time.
“Now at the age of 41... he is remorseful and not a threat for future extremism,” the officers said.
Khan, who grew up in Pakistan and moved to the United States at the age of 16, attributed his decision to help Al-Qaeda to poor judgment.
“I’m not the young, impressionable, vulnerable kid I was 20 years ago,” he told the court. “I reject Al-Qaeda, I reject terrorism.”
His testimony on torture is supported by the US Senate’s own investigation of the CIA’s use of torture following the September 11, 2001 attacks.
 


Pakistan capital market transitions to T+1 settlement cycle ahead of multiple advanced markets

Updated 10 February 2026
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Pakistan capital market transitions to T+1 settlement cycle ahead of multiple advanced markets

  • A T+1 settlement cycle means that securities transactions are finalized and settled one business day after trade date
  • Effective from Feb. 9, all eligible trades at the PSX are now settled on a T+1 basis, replacing the previous T+2 cycle

KARACHI: Pakistan’s capital market has officially transitioned to the Trade plus one (T+1) settlement cycle, a landmark reform that strengthens efficiency, reduces risk and aligns the country with international best practices, the Pakistan Stock Exchange (PSX) said on Tuesday.

A T+1 settlement cycle means that securities transactions are finalized and settled one business day after the trade date, which reduces counterparty risk and improves capital efficiency in the exchange of funds and securities. 

Effective from Feb. 9, all eligible trades at the PSX are now settled on a T+1 basis, replacing the previous T+2 cycle. The transition was implemented under the guidance of the Securities and Exchange Commission of Pakistan (SECP) through close collaboration among all stakeholders, according to the PSX.

It aligns Pakistan’s capital market with leading markets such as the United States, Canada, Mexico, Argentina, Jamaica and China, which have already adopted shorter settlement cycles. Europe, the UK and Switzerland are set to follow by 2027. By moving early, Pakistan has demonstrated its commitment to modernization and investor protection.

“The transition to the T+1 settlement cycle brings important advantages for Pakistan’s capital market. It enables faster access to funds and securities, improving liquidity, while reducing settlement and counterparty risk through shorter exposure periods,” the PSX said.

“Quicker trade finalization enhances efficiency and the reform strengthens investor confidence, particularly among institutional and foreign investors. Together, these benefits support a stronger and more resilient market aligned with global best practices.”

Pakistan’s stock market has touched historic highs in recent months as broad institutional buying boosted investor confidence amid ongoing economic reforms under international lending programs. Pakistani state media reported in Jan. around 135,000 new investors had joined the PSX over the last 18 months.

SECP Chairman Dr. Kabir Ahmed Sidhu commended the PSX, the Central Depository Company and the National Clearing Company of Pakistan for the successful implementation of the T+1 settlement system.

“The reform brings Pakistan’s capital market at par with modern jurisdictions by accelerating trade settlement, reducing counterparty and market risks, and enhancing liquidity,” he was quoted as saying by the PSX.

“The adoption of T+1 will strengthen investor confidence and align Pakistan’s capital market with evolving international standards and global best practices.”