Government says will not allow ex-PM Khan’s long march to Islamabad

Pakistan Interior Minister Rana Sanaullah (C) along with ruling collation parties leaders Qamar Zaman Kaira (L) and Asad Mehmood (R) listen to a question during a press conference in Islamabad, Pakistan, on May 24, 2022. (AFP)
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Updated 24 May 2022
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Government says will not allow ex-PM Khan’s long march to Islamabad

  • Announcement comes after Khan accused police of detaining hundreds of supporters in raids early Tuesday
  • Policeman killed during one of the raids when a supporter of former prime minister allegedly opened fire

ISLAMABAD: Pakistani interior minister Rana Sanaullah said on Tuesday the government would not allow former prime minister Imran Khan to hold a planned anti-government long march to the federal capital on May 25 on the grounds its aim was to spread “chaos and anarchy” in the country.

Khan, who was ousted from power last month in a no-confidence vote after losing parliamentary majority, said on Sunday he would march to Islamabad with his party supporters to demand the dissolution of assemblies and a date for fresh elections.

“They want to spread chaos and anarchy through the nation,” the interior minister said, adding that the federal cabinet had decided not to grant permission for the protest march.

The interior minister said Khan was removed through a “constitutional process” and had no justification for launching the planned march.

“Peaceful demonstrations are everyone’s right, but they are not coming for a peaceful protest,” he added.

In a press conference shortly after the government’s announcement, a defiant Khan said he would lead the march to Islamabad as planned.

The government’s decision comes after Khan accused police of detaining hundreds of its supporters in raids that started early Tuesday. A policeman was killed during one of the raids, when a supporter of the former premier allegedly opened fire.

Information minister Marriyum Aurangzeb was quoted by state media as saying about the policeman’s death that Khan’s Pakistan Tehreek-e-Insaf (PTI) party had “crossed the red line” and would not be allowed to create further political instability.

“Whenever the economy starts to take off Imran Khan’s mischief becomes an obstacle in its path,” she told the APP news agency. “Today we have started to revive the economy of Pakistan and provide relief to people … No interference will be tolerated.”

Another leader of the ruling Pakistan Muslim League-Nawaz (PML-N) party, Attaullah Tarar, told media Prime Minister Shehbaz Sharif would visit the policeman’s bereaved family and announce monetary compensation.

In light of the constable’s killing, Tarar said the government had decided to impose Section 144 of the Code of Criminal Procedure in Lahore, empowering officials to suspend political gatherings in the public interest.

Tarar said the government had information Khan’s march was likely to become violent and some participants wanted to carry weapons. Khan has repeatedly said the demonstration would be peaceful and its only aim was to call for early elections.

Pakistan’s defense minister Khawaja Muhammad Asif also said in a Twitter post Khan was planning to “attack” Islamabad by utilizing the resources of the Khyber Pakhtunkhwa province where his PTI party is in power.

“The federal government will fully defend the writ of the state and the personal agenda of [Imran Khan] will not be fulfilled,” Asif said. “Any situation of conflict between the provincial and federal governments threatening the country’s integrity will be handled with an iron fist.”


Pakistan says it is moving toward phased crypto regulation after Binance, HTX approvals

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Pakistan says it is moving toward phased crypto regulation after Binance, HTX approvals

  • The country is among the world’s largest crypto adoption markets, with nearly 40 million users
  • Bilal bin Saqib says the government is not promoting crypto but moving to regulate the sector

ISLAMABAD: Pakistan’s top virtual asset regulatory official said on Sunday the country was laying the foundation for a phased and tightly supervised crypto framework after granting conditional approvals to two global exchanges, signaling a shift from years of regulatory ambiguity toward formal oversight of digital assets.

The Pakistan Virtual Assets Regulatory Authority (PVARA) said this week it had issued no objection certificates (NOCs) to global crypto exchanges Binance and Huobi (HTX). Pakistan has also signed a memorandum of understanding with them to explore what the finance ministry described as the “tokenization” of up to $2 billion in sovereign bonds, treasury bills and commodity reserves, an initiative aimed at boosting liquidity and attracting investors.

“The no objection certificate given to Binance and Huobi is the first practical step of this new thinking,” PVARA chief Bilal bin Saqib said at a briefing. “Let me make it clear that this NOC is not a shortcut. This is not a blanket approval.”

He said the approvals marked the start of a risk-mitigated, phased and supervised entry framework, adding that platforms would be subject to strict anti-money laundering and counter-terrorism financing requirements, ownership transparency checks and enforcement-linked licensing timelines.

“This is not a new experiment,” he said, pointing to phased regulatory approaches adopted in financial centers such as Dubai, the United Kingdom and Singapore, where firms are first brought under supervision before being allowed to expand operations.

Pakistan is among the world’s largest crypto adoption markets, with estimates putting the number of users between 30 and 40 million, despite the absence of a comprehensive regulatory framework. Saqib said ignoring the sector was no longer viable, warning that unregulated adoption posed greater risks to the economy and consumers.

“We don’t want to promote crypto,” he said. “We want to regulate crypto. Adoption is already there.”

​He said the framework was designed to prepare Pakistan for longer-term developments in digital finance, including tokenized assets, compliance technology, blockchain analytics and digital payment infrastructure, while ensuring that local talent is channeled into regulated and productive use.

“For the international community, the message is clear,” Saqib said. “Pakistan is not running away from innovation. Pakistan is welcoming innovation. Pakistan is regulating innovation.”