AUGAF
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
AUGAF
No Result
View All Result
Home National

Imran Khan Faces Possible Political Ban After Pakistan Ruling: Bloomberg

admin-augaf by admin-augaf
August 2, 2022
in National, News, Politics, PTI
Reading Time: 2 mins read
0
Imran Khan Faces Possible Political Ban After Pakistan Ruling: Bloomberg
Share on FacebookShare on TwitterWhatsapp

Islamabad August 2 2022: Pakistan’s government is seeking a ban on former premier Imran Khan’s political party after the country’s election commission ruled that it received illegal funding from overseas.

Pakistan Tehreek-e-Insaf party got money from the US, Australia and the United Arab Emirates, the Election Commission of Pakistan said Tuesday. Pakistani law bars foreign nationals and companies from funding political parties. Khan has denied any wrongdoing.

Prime Minister Shehbaz Sharif’s administration will start legal proceedings looking to ban Khan’s party from politics, Minister for Law and Justice Azam Nazeer Tarar said at a press conference in Islamabad.

Khan and his party can challenge the commission’s ruling in the supreme court. A decision on what punishment the party faces rests with the top court.

The party will provide any details or explanation the election commission requests, PTI spokesman Farrukh Habib told reporters.

The decision is a blow to the former premier, who has been calling for early elections after being ousted in a parliament vote by Sharif’s party earlier this year. The election commission’s inquiry followed a case filed by a former aide of Khan, Akbar Babar, who alleged the party’s finances included undeclared foreign funding.

Pakistan’s currency fell more than 14% against the dollar in July, the biggest monthly slide since Bloomberg started compiling data in 1989. A shortage of dollars and concerns that prolonged political uncertainty may delay an IMF bailout are seen as the main factors behind the decline. Authorities have said they expect rupee to strengthen in the next few months.

Tags: Imran KhanPTI
admin-augaf

admin-augaf

Related Posts

PSX Goes Live With ‘Public PRIDE’ For Upcoming IPOs
Business

PSX Launches New Price-Based Benchmark KSE100 Price Return Index

June 28, 2025
High Alert on River Ravi After India Released Water
Business

Pakistan Tops Sovereign Risk Improvement, Bloomberg Intelligence

June 28, 2025
New Trump Travel Ban Could Bar Afghans, Pakistanis Soon – Reuters
Business

Trump Says Israel and Iran Agreed for Ceasefire

June 24, 2025
Fair Global Consult Fair Global Consult Fair Global Consult
ADVERTISEMENT

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Moody

Moody’s Upgrade Ratings of Five Pakistani Banks

August 20, 2025
EPQL accept PPIB proposal to operate plant on comingled fuel but at its own cost

EPQL Executed Supplemental Agreement to PPA with CPPA for Additional Gas

August 20, 2025

Popular News

  • NSS

    President Prohibit National Savings For Changing Rates on Existing Certificates Retrospectively

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Appreciate against Dollar in Interbank as IMF Confirmed Board Review Date

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Fall After 13 Days of Successive Gains against Dollar on Lower Remittances and Strengthening of US Dollar

    0 shares
    Share 0 Tweet 0
  • Petrol Prices in Pakistan to Return to July 2023 Levels

    0 shares
    Share 0 Tweet 0
  • Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation

    0 shares
    Share 0 Tweet 0

Categories

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology
AUGAF Logo

Follow us on social media:

Recent News

  • Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments
  • Gold Fields Half-Year Profit Triples on Record Prices
  • ADB To Provide $410 Million For Reko Diq Project

Category

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
  • Home
  • Politics
  • News
  • Business
  • National
  • Finance
  • Technology
  • International

© 2021 AUGAF.

No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • Commodities
  • Contact

© 2021 AUGAF.