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December 25, 2018

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Ex-Pakistan PM jailed, fined over corruption

Former Pakistani Prime Minister Nawaz Sharif was sentenced to seven years in prison and fined US$25 million yesterday on corruption charges that he says were politically motivated.

The anti-corruption court in Islamabad said in its ruling that the three-time prime minister was unable to prove the source of income that had led to his ownership of a steel mill in Saudi Arabia. Under Pakistani law, this is taken to prove corruption.

Sharif had already been sentenced by the same court to 10 years in prison on charges over the purchase of upscale apartments in London, after the Supreme Court removed him from power. He was freed from custody in September pending an appeal.

Sharif鈥檚 supporters said he would also appeal against his latest conviction.

鈥淎ppeal is our right, we will protest but will remain peaceful,鈥 former Prime Minister Shahid Khaqan Abbasi, who had succeeded Sharif last year, told reporters outside the courthouse.

Sharif was ousted and disqualified from holding office by the Supreme Court in July 2017, and convicted in absentia a year later. He was arrested on July 13 on returning from London.

The court ruled on Thursday on two charges related to Sharif鈥檚 assets: the Al-Azizia Steel Mills in Saudi Arabia, set up by Sharif鈥檚 father in 2001, and Flagship Investments, established by his son, Hasan Nawaz, that owns luxury properties in Britain.

Sharif was found to have been unable to demonstrate that his family had acquired the steel mill legitimately, but was acquitted on the Flagship charge.


 

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