Why Nawaz Sharif was disqualified, SC releases full Panama Case verdict

ISLAMABAD, NOV 07 (DNA) – Releasing the full verdict on Panama Case on Tuesday, Pakistan’s top court has said the former prime minister, Nawaz Sharif, was disqualified for lying to the court and hiding his assets.
Nawaz Sharif was forced to resign from office after the Supreme Court declared him unworthy of occupying the country’s highest political office following a probe into his family’s wealth revealed in the Panama leaks. Sharif insisted that he committed no wrong. But after a unanimous verdict by judges of the court he had to announce his resignation.
The court also recommended criminal cases against Sharif, his daughter, Maryam, and her husband. The country’s Finance Minister, Ishaq Dar, was also penciled down for prosecution.
The leak revealed that three of Sharif’s children owned offshore companies and assets not shown on his family’s wealth statement. The companies were used to channel funds to acquire foreign assets, including some apartments along Park Lane in London’s Mayfair area.
Mr. Sharif served as prime minister from November 1990 to July 1993 and from February 1997 before he was removed in a bloodless coup in October 1999. He was one year from completing an unprecedented third term in office before Friday’s resignation.
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