Nawaz Sharif resigns as Pakistan PM in Panama Papers case
July 28th, 2017
Nawaz Sharif has resigned as prime minister of Pakistan following a decision by the country’s Supreme Court to disqualify him from office. The ruling came after a probe into his family’s wealth following the 2015 Panama Papers dump linking Mr Sharif’s children to offshore companies. Defence Minister Khwaja Asif and Punjab Chief Minister Shahbaz Sharif are the new contenders for the post of Pakistan Prime Minister. Pakistan’s stock market fell by 3.4 percent after Supreme Court ousted Prime Minister Nawaz Sharif.