Pakistan court acquits ex-PM Nawaz Sharif in plot allotment case after no evidence found

Pakistan's former prime minister Nawaz Sharif arrives at his office in central London on July 6, 2018. (AFP/File)
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Updated 25 June 2023
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Pakistan court acquits ex-PM Nawaz Sharif in plot allotment case after no evidence found

  • Sharif was accused of illegally allotting 54 plots in Lahore’s Johar Town when he was Punjab CM 
  • The prosecution did not raise objections to the acquittal of the elder brother of PM Shehbaz Sharif 

ISLAMABAD: A accountability court acquitted former prime minister Nawaz Sharif in a 37-year-old private property case filed by the country’s anti-corruption watchdog, Pakistani media reported on Sunday. 

Pakistan’s National Accountability Bureau (NAB) had alleged that the former premier illegally allotted 54 plots each measuring one-kanal situated in Block-H, Johar Town, Lahore when he was the chief minister of Punjab. It alleged the accused caused a loss of Rs143 million to the national exchequer through the allotment of the land. 

The verdict, announced by Judge Rao Abdul Jabbar, came after the former prime minister’s lawyer contended that NAB had “malicious intentions” when it filed the reference against his client, who had no involvement in plot allotment, according to a report by English-language daily The News published on Sunday. The counsel said all other accused in the case had been cleared of charges and emphasized that even a proclaimed offender could be exonerated in the absence of sufficient evidence. 

“The NAB prosecution did not raise any objections to the acquittal of Nawaz Sharif,” the report read. “After hearing the counsel, the court acquitted the former prime minister.” 

Sharif, who is the elder brother of sitting Pakistan PM Shehbaz Sharif, was restricted for life from holding any political office by Pakistan’s top court in April 2018, followed by his conviction in a corruption case the same year. Sharif says the cases against him were politically motivated. 

The three-time former premier left Pakistan for London in November 2019 after securing bail on medical grounds and has since not returned to the country, but often meets party leaders in the UK to share his input on party and national affairs.


Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

Updated 19 February 2026
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Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

  • Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib attends World Liberty Financial event at Trump’s Mar-a-Lago estate
  • Discussions focused on future of global financial infrastructure, digital assets, stablecoins, capital markets innovation, says Saqib’s office 

ISLAMABAD: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman and Minister of State Bilal bin Saqib joined global finance leaders at an event hosted by World Liberty Financial, a crypto venture linked to US President Donald Trump’s family, Saqib’s office said on Thursday. 

The event was hosted by World Liberty Financial, a crypto-based finance platform launched in September 2024 linked to Trump’s family. According to Saqib’s office, the gathering was held at Mar-a-Lago, the private estate and club owned by Trump in Florida. 

Speakers and attendees at the event included David Solomon, chairman and CEO of Goldman Sachs, Adena Friedman, chairperson and CEO of Nasdaq as well as Lynn Martin, president of the New York Stock Exchange, Saqib’s office said. The event was organized and hosted by Eric Trump and American businesspersons Zach Witkoff and Alex Witkoff. 

“Discussions focused on the future of global financial infrastructure, digital assets, stablecoins, capital markets innovation and the evolving relationship between regulation and emerging financial technologies,” the statement said. 

It said Saqib’s attendance at the event reflected Pakistan’s growing engagement with global discussions shaping the next phase of financial and technological transformation.

“As Pakistan moves toward modernizing its financial infrastructure and strengthening its position in the global digital economy, such high-level engagements signal increasing international recognition of the country’s regulatory direction and leadership,” the statement added. 

Last month, Pakistan signed a memorandum of understanding with a company affiliated with World Liberty Financial to explore the use of a dollar-linked stablecoin for cross-border payments.

Pakistan has stepped up efforts recently to regulate its digital asset sector and is exploring digital currency initiatives as part of broader measures to reduce cash usage.