Lahore anti-terror court grants bail to several leaders of banned TLP party 

Supporters of Tehreek-e-Labbaik Pakistan (TLP) party take part in a protest in Karachi on October 24, 2021, demanding the release of their leader Hafiz Saad Hussain Rizvi, son of late Khadim Hussain Rizvi. (AFP)
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Updated 07 November 2021
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Lahore anti-terror court grants bail to several leaders of banned TLP party 

  • Cases were registered against supporters and leaders of religious political party following violent protests
  • The government’s special prosecutor Abdul Rauf Watoo argued against the granting of bail

ISLAMABAD: An anti-terrorism court in the Pakistani city of Lahore on Saturday granted bail to several leaders of the banned Tehreek-i-Labbaik Pakistan (TLP) religious political party, local media reported.

TLP began a protest march last month calling for the release of the group’s leader Hafiz Saad Hussain Rizvi, who has been under arrest since April. The group also wants the expulsion of France’s ambassador over the publication of anti-Islam caricatures in a French satirical magazine last year.

Last Sunday, the group reached a deal with the government, ending more than a week of clashes with police that left at least six policemen dead and scores injured on both sides. The details of the pact have not been shared with the public by either side but it has been widely reported that the agreement includes a commitment by the government to release TLP leaders and supporters who are under arrest. 

Cases were registered against several TLP leaders following the latest round of violent protests. 

“Those who were granted bail included Maulana Farooqul Hassan, Ghulam Ghaus Baghdadi, Pir Zahirul Hassan, Maulana Sharifuddin, Engineer Hafeezullah Alvi, Maulana Abdul Razzaq, Mohammad Badar Munir, Qari Ashraf, Mohammad Akbar, Muzaffar Hussain, Mohammad Umar and Muzammil Hussain,” Dawn reported. “The court directed all the TLP leaders to submit bail bonds of Rs100,000 each.”

The government’s special prosecutor Abdul Rauf Watoo argued against the granting of bail.

TLP was founded in 2015 to tackle actions it considers blasphemous to Islam and has mounted multiple protest marches marred by bloodshed that have twice brought Islamabad to a standstill.

The government banned TLP in April this year after violent protests by the group in which at least six policemen were killed and 800 people were injured, according to government figures. After the protests, the government also agreed to have a parliamentary vote on kicking out the French ambassador but backtracked, with Prime Minister Imran Khan saying to take such action would isolate Pakistan internationally.

This Thursday, the provincial government of Punjab sent a summary to the provincial cabinet seeking its approval to lift the ban on TLP as early as possible: “If the opinion/approval will not be received from any minister in three days, it shall be deemed that the minister has accepted the recommendations contained in the summary,” the document read.

“Some 2,100 TLP activists have been released from police custody after the federal government-TLP agreement, the revocation of the group’s proscribed status will automatically remove around 8,000 TLP activists from the Fourth Schedule — a list on which suspects of terrorism and sectarianism are placed under the Anti-Terrorism Act (ATA) 1997,” Dawn said. 


Pakistan opens real-time digital payment system to exchange companies as reserves edge up

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Pakistan opens real-time digital payment system to exchange companies as reserves edge up

  • Raast enables low-cost transfers between banks, microfinance firms and electronic money wallets
  • Pakistan’s overall foreign reserves stand at $21.25 billion as central bank holdings rise $16 million

KARACHI: Pakistan’s central bank on Thursday allowed exchange companies to route home remittances through its instant payment system, Raast, saying the move aims to promote digital transactions and improve the efficiency of inflows, as the country’s foreign exchange reserves rose modestly in the latest week.

The State Bank of Pakistan (SBP) said in a statement that the country's total liquid foreign reserves stood at $21.25 billion as of Jan. 9, while the central bank’s own reserves rose $16 million to $16.07 billion.

The statement said the decision to extend Raast to exchange companies forms part of the central bank’s broader push to strengthen digital payments infrastructure and support a shift toward a cashless economy.

“Building an innovative and inclusive digital financial services ecosystem is one of the key objectives of State Bank of Pakistan under its Strategic Plan 2023-2028,” the SBP said.

“In furtherance of this vision, SBP has now allowed Exchange Companies (ECs) to utilize ‘Raast,’ a state-of-the-art payment system launched by SBP in 2021, to facilitate remitters and beneficiaries of home remittances,” it added.

Raast, a real-time digital payment system, allows instant and low-cost transfers between banks, microfinance institutions and electronic money wallets.

“Through this enablement, the beneficiaries receiving remittances through ECs can receive their funds in their accounts and wallets ... in a safe and efficient manner,” the statement said.

Pakistan relies heavily on workers’ remittances from abroad and has been seeking to channel more inflows through formal banking systems by strengthening digital and regulated payment networks, as authorities try to curb informal mechanisms such as hawala and hundi, underground value transfer systems that move money outside the banking sector.