Top Punjab police official calls May 9 violence ‘preplanned’ after acquittal of ex-PM Khan’s loyalist

Commuters ride past a burnt vehicle set on fire during a protest by supporters of former Pakistan's Prime Minister Imran Khan over the arrest of their leader, in Lahore on May 11, 2023. (AFP/File)
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Updated 23 June 2023
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Top Punjab police official calls May 9 violence ‘preplanned’ after acquittal of ex-PM Khan’s loyalist

  • Dr. Yasmin Rashid was acquitted by an anti-terrorism court due to lack of ‘incriminating material’ against her
  • Police have decided to challenge the verdict, saying they were ‘not given opportunity to present forensic evidence’

ISLAMABAD: Punjab Inspector General (IG) Police Dr. Usman Anwar said on Sunday the violent protests that followed former prime minister Imran Khan’s arrest on May 9 was not a spontaneous response to the development but had been in the making for a long time.

His statement came only a day after an anti-terrorism court acquitted a senior leader of Khan’s Pakistan Tehreek-e-Insaf (PTI) party, Dr. Yasmin Rashid, for lack of “incriminating material” against her.

Rashid was said to be among the PTI leaders who incited angry protesters to target government buildings, including the residence of a top army general, and set them on fire.

The authorities filed charges against her on the basis of leaked audio recordings in which she seemed to be instigating PTI supporters to vandalize state properties.

Rashid maintained the audio clips were “doctored” to falsely implicate her in the rioting case. Her acquittal from the court was celebrated by the PTI which said it had exposed “false propaganda” against its leaders.

“It [the violent protest] was not a spontaneous response or a kneejerk reaction of certain individuals who got angry because their so-called red line was crossed,” the IG Punjab said while referring to Khan’s arrest. “It was something which was preplanned.”

He said there was sufficient evidence of PTI’s involvement in the May 9 protests which was available in the form of videos, phone calls and social media posts.

He added that the call data of some of Khan’s party leaders for March 8 and May 9 was quite similar.

The law enforcement agencies tried to arrest the top PTI leader from his Zaman Park residence in Lahore on March 8, though they met significant resistance from PTI supporters who resorted to violence against police contingents.

Prior to the statement of Punjab IG, police announced the decision to challenge the anti-terrorism court verdict in Rashid’s favor in front of the country’s higher judiciary.

“The court order is being challenged as police was not given opportunity to present forensic evidence in the case,” it was said in a Twitter post.

The police maintained investigation in the May 9 violence was “carried out on scientific lines,” adding the truth would soon be brought before the public.

 

 

 


Pakistani stocks breach 176,000 points barrier as investors expect further rate cuts

Updated 01 January 2026
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Pakistani stocks breach 176,000 points barrier as investors expect further rate cuts

  • Pakistani financial analyst attributes surge to falling inflation, investors expecting further policy rate cuts
  • Pakistan’s finance ministry said Thursday that inflation had slowed to 5.6 percent year-on-year in December 

KARACHI: Pakistani stocks continued their bullish run on Thursday, breaching the 176,000 points barrier for the first time after trading ended, with analysts attributing the surge to investors expecting further cuts in the policy rate. 

The KSE-100 benchmark gained 2,301.17 points at close of business on Thursday, marking an increase of 1.32 percent to settle at 176,355.49 points. 

Pakistan’s central bank cut its key policy rate by 50 basis points to 10.5 percent last ‌month, breaking a four-meeting ‌hold in a move ‌that ⁠surprised ​markets. Pakistan’s consumer price inflation slowed to 5.6 percent year-on-year in December, while prices fell on a monthly basis as per data from the finance ministry. 

“Upbeat data for consumer price index (CPI) inflation at 5.6pc in December 2025 [with] investors expecting a further State Bank of Pakistan rate cuts on falling inflation data,” Ahsan Mehanti, CEO of Arif Habib Commodities Ltd., told Arab News. 

The stock market witnessed a trading volume of 1,402.650 million shares, with a traded value of Rs48.424 billion ($173 million), compared with 957.239 million shares valued at Rs44.231 billion ($158 million) during the previous session.

Topline Securities, a leading brokerage firm in Pakistan, credited the surge to strong buying at the first session.

“This positivity can be accredited to buying by local institutions on the start of the new calendar year,” it said. 

Pakistan’s Finance Adviser Khurram Schehzad highlighted that the bullish trend at the stock market reflected “strong investor confidence.”

“With lower inflation, affordable fuel, stronger reserves, rising digitization and a buoyant capital market, Pakistan’s economic outlook is clearly improving--supporting greater confidence, better investment sentiment and more positive momentum for 2026,” he said on social media platform X.