Former Prime Minister Imran Khan was found guilty in the Al Qadir Trust case, with an accountability court sentencing him to 14 years in prison at the end of a nearly two-year trial. The ruling also convicted the wife of the former Prime Minister, Bushra Bibi, and sentenced her to seven years in prison.
The Qadir Fund case was the biggest and most significant legal challenge faced by the former prime minister since he was ousted from office in 2022. It was a sprawling investigation that implicated among others Bahria Town founder Malik Riaz, the paramount chief. Court Dam Fund, and members of the former Khan government. In the past two years since it emerged as a high-profile legal threat, the case has become the reason not only for Imran Khan’s initial arrest in May 2023, which then led to the events of May 9, but has also brought the once powerful city of Bahria into the world. Edge of default.
But what exactly are the details of the Al-Qadir Fund case? To put it mildly, this case is perhaps one of the most mysterious and mysterious networks of the Imran Khan administration. It involves accusations of bribery, corruption and kickbacks against the Khan administration, all of which date back to a single deal made in 2019.
Ripples from the UK
In 2019, the UK’s National Crime Agency agreed a £190 million settlement with the family of property tycoon Malik Riaz.
To read the full article, subscribe and support independent business journalism in Pakistan
The content in this post is expensive to produce. But unlike other journalistic organizations, trade publications must cover the same organizations for which they provide direct advertising. Hence, this huge source of revenue, which is the lifeline of other media houses, is seriously jeopardized by Profit’s no-compromise policy when it comes to our reporting. No wonder Profit lost several advertising deals, worth tens of millions of rupees, due to stories that held big companies accountable.
Therefore, for our work to continue unfettered, it must be supported by discerning readers who know the value of quality business journalism, not only to the economy but to society as a whole.