Pakistan’s top judge tells people to support judiciary, not individuals, after ex-PM Khan’s solidarity rally

In this file photo, taken on September 24, 2022, Pakistan Chief Justice Umar Ata Bandial addresses the International Judicial Conference in Islamabad. (Photo courtesy: APP)
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Updated 07 May 2023
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Pakistan’s top judge tells people to support judiciary, not individuals, after ex-PM Khan’s solidarity rally

  • The former prime minister organized a rally to support the chief justice amid a government-judiciary tussle
  • The CJ expresses optimism about talks between the government, ex-PM Khan’s party over general elections

ISLAMABAD: Pakistan’s top judge on Sunday urged the people to support judiciary, not individuals affiliated with the institution, only a day after former prime minister Imran Khan organized public rallies across the country to express solidarity with him amid a tussle between the government and the apex court.

Khan asked his party supporters to step out and support the country’s judiciary, constitution and the chief justice following the government’s decision to legislate and limit the powers of the top judge who can initiate public interest litigation on his own and constitute benches without the input of other judges.

The ex-PM said Pakistan’s constitution was “in danger” after the government objected to recent Supreme Court rulings in a case involving elections in Punjab province where Khan’s allies dissolved the legislative assembly in January to build pressure on the government to hold early national elections.

Prime Minister Shehbaz Sharif’s ruling coalition blamed the apex court for going beyond its constitutional remit and undermining parliamentary supremacy after the judges announced May 14 as the election date in Punjab and instructed the central bank to release funds for the polls.

“If you stand up for the constitution and law, then you must support the Supreme Court of Pakistan and not any individual,” Chief Justice of Pakistan Umar Ata Bandial said while addressing a conference on minority rights in the eastern city of Lahore.

“You say that you support us [the judges],” he continued. “Please don’t say that. I’m just one of the members of the Supreme Court of Pakistan. We have no existence individually. Our existence is as a unit and as a constitutional organ. That’s how we function.”

Referring to the talks between the government and Khan’s Pakistan Tehreek-e-Insaf (PTI) party on the apex court’s orders to resolve the political impasse about holding elections throughout the country on the same day, the chief justice said he was “optimistic” that politicians and state institutions were committed to the constitution.

“In this context, the political leadership of Pakistan agreed to start negotiations, which have not ended yet,” he said. “This is what we were informed.”

The Supreme Court announced on Friday it would order the Punjab polls on May 14, if the government and the PTI failed to reach consensus on holding elections.

Multiple rounds of talks between the two sides took place to decide the election date before the PTI announced the negotiations had failed. However, the chief justice maintained that talks were still going on.

“We have nothing to do with [the negotiations], but at least they [the politicians] are conscious that they have a duty to comply [with] the constitution,” he said. “We are there to support that effort.”

About the issue of holding the elections in Punjab on May 14, the chief justice reiterated the judiciary was duty-bound to follow the constitutional requirement of holding polls within 90 days of a dissolution of an assembly.

“When it comes to constitutional enforcement, we must not blink our eyes,” he said. “If [the constitution] says 90 days for holding elections, it is our duty to say that. It is not our choice.”


Pakistan plans up to $5 billion joint venture to redevelop Roosevelt Hotel in New York

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Pakistan plans up to $5 billion joint venture to redevelop Roosevelt Hotel in New York

  • The hotel, a century-old Manhattan property owned by Pakistan International Airlines, has been closed since 2020
  • The PM’s privatization adviser says the plan will boost the value of Pakistan’s stake even as its ownership share falls

KARACHI: Pakistan plans to redevelop its Roosevelt Hotel in New York into a high-rise building through a joint venture (JV) that could involve up to $5 billion in equity and debt financing, Prime Minister Shehbaz Sharif’s aide on privatization Muhammad Ali told Arab News on Friday.

The hotel, a century-old Manhattan property near Grand Central Terminal and Times Square, is one of Pakistan’s most valuable overseas assets and is owned by the state through Pakistan International Airlines.

Closed since 2020 due to losses, the hotel has been under review for years as successive governments have weighed whether to sell, lease or redevelop it while pursuing state-owned enterprise reforms linked to International Monetary Fund bailouts.

“The redevelopment project would require up to $5 billion equity and debt capital,” said Ali, who also chairs the Privatization Commission of Pakistan.

Ali said the government had decided against an outright sale of the property after a detailed study conducted last year showed the site could support a significantly larger structure, potentially rising to 60 stories.

“The redevelopment under the JV privatization model is expected to increase value of the property and thus Pakistan’s stake by more than 200 percent [in terms of value],” he continued.

Under the proposed joint venture structure, the government would contribute the land while a private partner would inject equity, with the remaining financing raised through debt, Ali said

He added that that while Pakistan’s economic interest in the project would rise, its ownership share would be reduced to about 50 percent once the transaction is completed.

He said a range of international players, including commercial banks and technology firms, had expressed interest in developing their own premises at the site, though he declined to identify potential partners.

Ownership of the hotel was recently transferred to PIA Holding Company Limited, the parent company of Pakistan International Airlines Corporation Limited, which the government privatized last month, with the airline now owned by a consortium led by the Arif Habib Group.

ADVISER RESIGNATION

Pakistan’s plans for the Roosevelt Hotel have faced repeated delays in recent years as authorities weighed competing options, including demolition, amid shifts in government policy.

On Dec. 24, a day after the PIA privatization, Defense Minister Khawaja Asif said the government was working on structuring a transaction for the New York property.

Meanwhile, a privatization ministry official said on condition of anonymity that the country’s financial adviser for the hotel’s sale, Jones Lang LaSalle Americas Inc. (JLL), has resigned due to a “conflict of interest.”

The official said JLL stepped down after the transaction structure was approved by the federal cabinet and the Competition Commission of Pakistan in July.

“The Privatization Commission will finalize the new adviser in the next four to six weeks,” he said, adding that expressions of interest will be issued after the new appointment is made.

Asked about the development, Ali said the new adviser would engage with potential joint venture partners on behalf of the government.