Pakistan court sentences ex-PM Imran Khan to 14 years in prison in land bribe case

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Updated 17 January 2025
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Pakistan court sentences ex-PM Imran Khan to 14 years in prison in land bribe case

  • The case involves a charitable entity, Al-Qadir Trust, set up by the ex-premier and his wife Bushra Khan in 2018
  • Authorities say the trust was a front for the couple to receive valuable land as bribe from a real estate developer

ISLAMABAD: An accountability court in Pakistan on Friday sentenced former prime minister Imran Khan to 14 years in prison after he was convicted along with his wife of receiving land as a bribe from a real-estate tycoon, Khan’s party said.
The case involved a charitable entity, Al-Qadir Trust, set up by Khan and his third wife Bushra Khan in 2018 when he was still in office. The court sentenced Khan’s wife to seven years in prison in the case.
Pakistani authorities say the trust was a front for the couple to receive valuable land as a bribe from a real estate developer, Malik Riaz Hussain, who is one of Pakistan’s richest and most powerful businessmen. Hussain, like Khan and Bushra, denies any wrongdoing.
In response to Friday’s verdict, Khan’s Pakistan Tehreek-e-Insaf (PTI) party said while it awaited a detailed judgment, the case against Khan and his wife “lacks any solid foundation and is bound to collapse.”
“All evidence and witness testimonies confirm that there has been no mismanagement or wrongdoing,” the PTI said in a statement. “Imran Khan and Bushra Bibi are merely trustees with no further involvement in the matter.”
The announcement of the verdict in the Al-Qadir Trust case had already been postponed thrice before, drawing criticism from Khan’s party.

Khan, while speaking to journalists inside the Adyala jail in Rawalpindi where Judge Nasir Javed Rana announced the decision, said the verdict had “tarnished the reputation” of the country’s judiciary.
“In this case, neither I benefited nor the government lost [anything]. I don’t want any relief, will face all cases,” he said. “My wife is a housewife, who has nothing to do with this phony case. Wife was given sentence to infuriate me.”
Pakistan’s government said the country’s judiciary was independent to make decisions and Khan had failed to offer evidence to prove his innocence.
“This case has run for a period of more than a year, testimonies were recorded in it. The Tehreek-e-Insaf founder had the right to present evidence in his defense... he did not present witnesses in defense,” Law Minister Azam Nazeer Tarar said.
“Now, he has the right to file an appeal.”
Information Minister Attaullah Tarar called the Al-Qadir Trust case the “biggest mega corruption case” in Pakistan’s history, saying that Khan’s party fought it on “political basis.”
“The defense counsel fought this case politically. He did not fight the case on merit, based on evidence, and it has also been written in the verdict that the defense counsel could neither present evidence of [Khan and his wife’s] innocence, nor he could give a satisfactory response to the prosecution’s evidence,” he said.
“This case was fought on political basis, in media.”

Authorities say the Al-Qadir Trust scheme originated with 190 million pounds repatriated to Pakistan in 2019 by Britain after Hussain forfeited cash and assets to settle a British probe into whether they were proceeds of crime. Instead of putting it in Pakistan’s treasury, Khan’s government is accused of using the money to pay fines levied by a court against Hussain for illegal acquisition of government lands at below-market value for development in Karachi.
Khan, who has been in jail since August 2023 and faces a slew of legal cases, says all charges against him are politically motivated and being backed by his political rivals led by Prime Minister Shehbaz Sharif and the country’s all-powerful military. Both deny the allegations.


Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

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Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

  • Pakistani officials, Binance team discuss coordination between Islamabad, local banks and global exchanges
  • Pakistan has attempted to tap into growing crypto market to curb illicit transactions, improve oversight

ISLAMABAD: Pakistan’s finance officials and the team of a global cryptocurrency exchange on Friday held discussions aimed at modernizing the country’s digital payments system and building local talent pipelines to meet rising demand for blockchain and Web3 skills, the finance ministry said.

The development took place during a high-level meeting between Finance Minister Muhammad Aurangzeb, Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib, domestic bank presidents and a Binance team led by Global CEO Richard Teng. The meeting was held to advance work on Pakistan’s National Digital Asset Framework, a regulatory setup to govern Pakistan’s digital assets.

Pakistan has been moving to regulate its fast-growing crypto and digital assets market by bringing virtual asset service providers (VASPs) under a formal licensing regime. Officials say the push is aimed at curbing illicit transactions, improving oversight, and encouraging innovation in blockchain-based financial services.

“Participants reviewed opportunities to modernize Pakistan’s digital payments landscape, noting that blockchain-based systems could significantly reduce costs from the country’s $38 billion annual remittance flows,” the finance ministry said in a statement. 

“Discussions also emphasized building local talent pipelines to meet rising global demand for blockchain and Web3 skills, creating high-value employment prospects for Pakistani youth.”

Blockchain is a type of digital database that is shared, transparent and tamper-resistant. Instead of being stored on one computer, the data is kept on a distributed network of computers, making it very hard to alter or hack.

Web3 refers to the next generation of the Internet built using blockchain, focusing on giving users more control over their data, identity and digital assets rather than big tech companies controlling it.

Participants of the meeting also discussed sovereign debt tokenization, which is the process of converting a country’s debt such as government bonds, into digital tokens on a blockchain, the ministry said. 

Aurangzeb called for close coordination between the government, domestic banks and global exchanges to modernize Pakistan’s payment landscape.

Participants of the meeting also discussed considering a “time-bound amnesty” to encourage users to move assets onto regulated platforms, stressing the need for stronger verifications and a risk-mitigation system.

Pakistan has attempted in recent months to tap into the country’s growing crypto market, crack down on money laundering and terror financing, and promote responsible innovation — a move analysts say could bring an estimated $25 billion in virtual assets into the tax net.

In September, Islamabad invited international crypto exchanges and other VASPs to apply for licenses to operate in the country, a step aimed at formalizing and regulating its fast-growing digital market.