Pakistan Supreme Court orders new investigation team to probe journalist's assassination

In this picture taken on June 22, 2022, a top Pakistani news anchor Arshad Sharif speaks during an event on "Regime Change Conspiracy and Pakistan’s Destabilisation" in Islamabad. (AFP/File)
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Updated 07 December 2022
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Pakistan Supreme Court orders new investigation team to probe journalist's assassination

  • Fact-finding report says Arshad Sharif was forced to leave Pakistan, UAE after his relations suffered with military
  • The document says role of transnational characters is suspected behind the journalist’s assassination in Kenya

KARACHI: Pakistan’s top court on Wednesday directed the federal government to constitute a new joint investigation team (JIT) to probe the assassination of journalist Arshad Sharif which, according to a fact-finding team (FFT), was the work of transnational individuals.

Sharif, a prominent Pakistani journalist who turned into a harsh critic of the incumbent government and the country’s military, was shot and killed by the police in the East African state of Kenya on October 23. The authorities in Nairobi described the incident as a case of “mistaken identity,” adding it took place when the journalist’s vehicle sped up and drove through a checkpoint.

The federal government constituted a five-member JIT to probe the murder a day after the first information report (FIR) was registered by the Islamabad police on the Supreme Court’s instructions on Tuesday. The FIR was lodged against three people, Waqar Ahmed, Khurram Ahmed and Tariq Wasi, who are suspected to have played a role in Sharif’s killing.

“The federal government should immediately constitute a new joint investigation team,” Chief Justice of Pakistan Umar Ata Bandial said while hearing the suo moto case related to the matter. “The court wants an independent team to probe this case.”

Justice Bandial said the new team should include officials belonging to the Inter-Services Intelligence (ISI), Intelligence Bureau (IB), Federal Investigation Agency (FIA) and police. He argued the court had not constituted a judicial commission as demanded by Sharif’s family since it was a criminal case.

The slain journalist’s mother, who attended the proceedings along with her daughter-in-law, told the court the fact-finding report had recorded how her son was forced to leave Pakistan and then pressured to move out of Dubai.
The court proceedings would resume tomorrow.

Meanwhile, the fact-finding team’s report seen by Arab News said the role of transnational characters in Kenya, Dubai and Pakistan could not be ruled out in the assassination.

“Both the members of the FFT have a considered understanding that it is a case of planned targeted assassination with transnational characters rather than a case of mistaken Identity,” the report said.

The team noted there were compelling reasons for Sharif to leave Pakistan, adding that criminal cases registered against him in different districts were most likely the reason why he was also asked to leave by the UAE authorities.

“The four GSU [General Service Unit] police officials [in Kenya] ... had been used as instruments in this case under any influence, either financial or some other compulsion,” the report said, adding that Waqar, who hosted Sharif, was connected to the National Intelligence Service (NIS) of Kenya and international intelligence agencies and police.

His brother, Khurram, was driving Sharif back to Nairobi when the shooting incident took place.

The fact-finding team said the role of Tariq Wasi was also dubious.

“Since he was the one who was directly linked with Waqar and who arranged for Arshad Sharif to be hosted by Waqar in Kenya, if indeed the case has a transnational angle, then Tariq Wasi would also become a key lynchpin for anybody wanting to murder Arshad Sharif,” the report added.

The document noted Sharif was widely considered throughout the journalistic community in Pakistan as a “pro-establishment journalist.” He was known to have a very positive relationship with the military and also developed a very close relationship with former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party.

The report said the slain journalist became critical of “the military’s stance” following the no-trust motion against Khan which resulted in the change of government in the country.

“That criticism became sharper and sharper and, in some cases, came out in very personal terms against certain individuals,” it maintained. “This created a rift with the institution.”

The document further said Sharif was struggling to reconcile his previous closeness to the military with his new anti-establishment stance, adding he was conducting a dialogue “either internally or with someone else.”

Barrister Shoaib Razzaq, Sharif’s lawyer and friend, confirmed to the fact-finding team that 16 cases had been registered against the slain journalist who left Pakistan due to the fear of being arrested. He added that some of these cases were brought against Sharif on the behest of a serving brigadier since the two developed a bad relationship after the downfall of Khan’s administration.

Pakistan’s military has so far not responded to the claim.


Pakistan disburses record $9.2 billion agricultural loans in FY25, central bank says

Updated 57 min 40 sec ago
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Pakistan disburses record $9.2 billion agricultural loans in FY25, central bank says

  • State Bank says farm lending rose 16 percent year-on-year to Rs2.58 trillion
  • Inflation eased to 5.8 percent in January as GDP growth hits 3.7 percent in Q1 FY26

KARACHI: Pakistan disbursed a record Rs2.58 trillion ($9.2 billion) in agricultural loans during fiscal year 2024–25, a 16 percent increase from the previous year, State Bank of Pakistan (SBP) Governor Jameel Ahmad said on Thursday while chairing a meeting of the Agricultural Credit Advisory Committee (ACAC).

Agricultural financing is considered critical to Pakistan’s rural economy, where farming contributes nearly one-fifth of GDP and employs a large share of the workforce. The government has repeatedly emphasized expanding credit access to small farmers as part of broader efforts to boost productivity, stabilize food supply and support economic recovery under an IMF-backed reform program.

According to official data shared at the meeting, agricultural credit disbursement reached Rs2.58 trillion in FY25, marking a record high. In the first half of FY26 alone, banks disbursed Rs1,412 billion in agricultural loans, while the number of borrowers increased to 2.97 million.

“During fiscal year 2025, record agricultural loans of Rs2.58 trillion were disbursed, reflecting an annual growth of 16 percent,” the State Bank governor said, according to a statement issued after the meeting.

He added that Pakistan had regained macroeconomic stability and that the economy was moving toward sustainable growth.

The governor said GDP growth in the first quarter of FY26 stood at 3.7 percent, while full-year growth was projected between 3.75 percent and 4.75 percent.

He also noted that headline inflation had declined to 5.8 percent in January 2026.

The committee reviewed measures to further expand credit access, including greater use of the central bank’s Zarkhez-e scheme to facilitate agricultural lending. Members also discussed promoting electronic warehouse receipt financing to enhance post-harvest liquidity and reduce distress sales of crops.

The statement said the purpose of electronic warehouse receipt financing was to “reduce forced sales of crops and strengthen linkages within the agricultural market.”

Agricultural lending has been a focus of Pakistan’s financial inclusion strategy, particularly as policymakers seek to improve rural incomes, stabilize food prices and strengthen export-oriented crop production amid broader economic reforms.