Pakistan judge says willing to stop police from arresting ex-PM Khan if he surrenders

Police officers stand guard at a barricaded road leading to the residence of former Prime Minister Imran Khan, in Lahore, Pakistan, Thursday, March 16, 2023. (Photo courtesy: AP)
Short Url
Updated 16 March 2023
Follow

Pakistan judge says willing to stop police from arresting ex-PM Khan if he surrenders

  • Police arrived on Tuesday outside Khan’s Lahore residence with court-issued order to arrest him, unleashing two days of clashes
  • Sessions court on Thursday hears appeal against suspension of warrant, Lahore High Court bars Khan from holding Sunday rally

ISLAMABAD: A Pakistani judge on Thursday said he would stop police from arresting former prime minister Imran Khan in a case involving the sale of state gifts if the ex-premier was prepared to surrender himself before authorities.

Police arrived on Tuesday outside Khan’s Zaman Park residence in Lahore with a court-issued order to arrest him, unleashing two days of clashes with supporters who said they would not allow their leader to be taken into custody.

Sessions court judge Zafar Iqbal had issued the non-bailable warrants following Khan’s repeated absence from the previous hearings of the Toshakhana reference, involving the sale of state gifts given by foreign leaders while Khan was prime minister. Khan aides say he does not attend court hearings due to security threats.

On Wednesday early evening, after nearly two days of violence, the Lahore High Court (LHC) halted the police operation to detain the ex-PM until 10am on Thursday, and the Islamabad High Court (IHC) said the former premier needed to approach the sessions court for the suspension of warrants.

“The court wants Imran Khan to appear before it,” Judge Zafar Iqbal said during Thursday’s hearing of the sessions court.

“According to the law, Khan was supposed to cooperate with the police. Why did he not appear in the court when the issue could have been resolved in a second?”

“If Khan surrenders now, the court can order the police not to harm his dignity,” Iqbal said.

Meanwhile, the Lahore High Court (LHC) halted the police operation to detain the ex-PM until Friday, as various courts in the country look into appeals against the warrants out for Khan.

Pakistan’s election commission found Khan guilty in the Toshakha case last October. A criminal inquiry is now underway, and if convicted, Khan faces being barred from holding public office, a huge setback with a national election scheduled for late this year.

Apart from the Toshakhana reference, the ex-premier has been booked in over 70 different cases on various charges, including blasphemy, terrorism and sedition, which carries the death penalty in Pakistan. He has appeared in court in other cases. Khan says the cases against him are politically motivated which the government denies.

On Thursday, Islamabad police registered four new cases against Khan and his close aide, Shah Mahmood Qureshi, as well as dozens of party supporters over Thursday’s clashes, adding to his already deep legal woes.

Khan was ousted from power in a parliamentary vote of no-confidence last April and has since held rallies and protest marches to ask the government to announce snap national elections. The government says polls will be held on schedule late this year.

Meanwhile, in a major setback, the Lahore High Court instructed Khan to call off a public rally in Lahore scheduled for Sunday, citing procedural reasons.

The former prime minister had announced plans to hold a “power show” at the historical Minar-e-Pakistan monument in Lahore earlier this week.

“In order to hold the power show, preparations must be made at least 15 days in advance,” Justice Tariq Saleem Sheikh was widely quoted by local media as saying.

He also asked Khan’s party to follow the proper procedure and comply with the legal system in arranging its rally.


Pakistan stocks hit record as fertilizer sales jump, rate cut hopes build

Updated 5 sec ago
Follow

Pakistan stocks hit record as fertilizer sales jump, rate cut hopes build

  • KSE-100 jumps 1.5 percent to close above 179,000 points for the first time
  • Stocks start 2026 on a strong note amid broad-based institutional buying

ISLAMABAD: Pakistani stocks extended their rally on Friday, with the benchmark index closing above the 179,000-point mark for the first time, driven by strong fertilizer sales data and expectations of further monetary easing by the central bank.

The KSE-100 index rose 2,679.44 points, or 1.52 percent, to close at 179,034.93, compared with its previous close of 176,355.49, according to data from the Pakistan Stock Exchange (PSX).

Ahsan Mehanti, chief executive officer at Arif Habib Commodities, said buying interest picked up ahead of key corporate earnings due next week, supported by easing inflationary pressures and improving sector-specific data.

“Rupee gains, strong fertilizer sales growth of 34 percent year-on-year in December 2025 and expectations of further policy easing by the State Bank of Pakistan, after headline inflation slowed to 5.6 percent year-on-year, acted as key triggers for bullish activity at the Pakistan Stock Exchange,” he told Arab News.

Fertilizer sales in Pakistan have shown mixed trends in recent months, with overall offtake affected by weak farm economics and seasonal factors. While urea sales declined in some periods, December data showed a sharp rebound, helping lift investor sentiment in the sector.

This has supported fertilizer stocks on the PSX, including Fauji Fertilizer Company, Engro Fertilizers and Fatima Fertilizer, which continue to draw interest due to their market dominance and dividend payouts.

Samiullah Tariq, head of research and development at Pakistan Kuwait Investment Company Limited, said investors were positioning for another rate cut amid improving macroeconomic indicators.

“Expectations of another rate cut, strong macroeconomic fundamentals and better corporate results are driving the market,” he said.

Pakistan’s central bank cut its key policy rate by 50 basis points to 10.5 percent last month, surprising markets after maintaining rates unchanged in its previous four policy meetings. Consumer price inflation eased to 5.6 percent year-on-year in December, while prices declined on a monthly basis.

Friday’s close capped a strong start to 2026 for the PSX, with broad-based institutional buying lifting major sectors and reinforcing investor confidence at the beginning of the year.