Economy
Imran Khan barred from polls for 5yrs
Former Pakistan Prime Minister Imran Khan was disqualified Friday from running for political office for 5 years after the country’s election commission ruled he misled officials about gifts he received from foreign leaders while in power.
The decision is another twist in political wrangling that started even before Khan’s April ouster and is one of several legal battles being fought by the former international cricket star and his Pakistan Tehreek-e-Insaf (PTI) party.
“The ECP (Election Commission of Pakistan) has announced Imran Khan was involved in corrupt practices,” Gohar Khan, one of his lawyers, told the news media, adding he had been disqualified for 5 years.
“We are going to challenge it in the Islamabad high court right now.”
Pakistan’s courts are often used to tie up lawmakers in lengthy proceedings that rights monitors criticize for stifling political opposition, but the commission’s involvement, in this case, stems from the obligation of elected officials to declare all their assets.
The case centers on a government department known as “Toshakhana”, which during the Mughal era referred to the “treasure houses” kept by the subcontinent’s princely rulers to store and display gifts lavished on them.
Government officials must declare all gifts but are allowed to keep those below a certain value.
More expensive items must go to Toshakhana, but in some cases, the recipient can buy them back at around 50pc of their value — a discount Khan raised from 20pc while in office.
Pakistan newspapers have for months carried lurid stories alleging Khan and his wife received lavish gifts worth millions during trips abroad.
They included luxury watches, jewelry, designer handbags and perfumes.
Imran Khan is accused of failing to declare some gifts or the profit made from selling them.
The complaint to the election commission was first brought when Khan was still in office by the Pakistan Democratic Movement, a coalition whose members now make up the government.
At the time, Khan said he had not made public some gifts on national security grounds, but in a written submission admitted buying items worth nearly 22 million rupees ($100,000), and later selling them for more than twice that amount.
He says the valuation was done through proper channels.
This week, Khan won six of eight national assembly seats he stood for in a weekend by-election, a vote he called a referendum on his popularity.
Individuals can stand in multiple constituencies in Pakistan elections and choose which to forfeit if they win more than one, but it is rare for a candidate to contest as many as Khan.
The 70-year-old has attempted to disrupt Pakistan’s political process since his April ouster when he ordered all his lawmakers to give up their seats, leaving no PTI members in the National Assembly.
He has also vowed to soon announce the date of a “long march” of his supporters on the capital to pressure the government to announce an earlier national election than that scheduled for October next year.
Khan regularly holds rallies drawing tens of thousands across the country, giving fiery speeches criticizing state institutions — including the powerful military — for allegedly conspiring to topple his government.
He rode to power in 2018 on a populist platform promising social reforms, religious conservatism and a fight against corruption, overturning decades of rule by two feuding political dynasties interspersed with military takeovers.
But, under his tenure, the economy stagnated and he lost the support of the army, which was accused of helping to get him elected.
Economy
Remittances Top $2bn in First 28 Days of September
Expatriate Bangladeshis sent approximately US$ 2.11 billion in remittances during the first 28 days of September in the fiscal year 2024-25, according to data released by Bangladesh Bank on 29 September.
Of this total, state-owned and specialised banks handled $679.10 million, while private banks received $1.43 billion in remittances.
Economy
Yunus Pledges Swift Reforms and Election in Bangladesh’s Interim Govt
Chief Adviser to Bangladesh’s interim government, Professor Muhammad Yunus, has vowed to expedite reforms and hold elections swiftly. Yunus, who recently assumed the role after the collapse of Prime Minister Sheikh Hasina’s 15-year administration, expressed his commitment during an interview with Tokyo-based news outlet NHK WORLD in New York on Sunday. He was attending the United Nations General Assembly at the time.
Following mass student-led protests that ended Hasina’s long-standing rule in August, Yunus stepped in as the leader of the caretaker government. Known for founding Grameen Bank, an institution providing microloans to the underprivileged, Yunus, along with the bank, earned the Nobel Peace Prize in 2006 for his efforts in poverty alleviation.
During the interview, Yunus emphasized that the interim government’s primary mission is to implement reforms promptly and ensure elections are held as soon as the groundwork is complete. He underscored the importance of success, stating, “Failure is not something that we can accept.”
Addressing the pivotal role of students in the ousting of the Hasina administration, Yunus acknowledged the sacrifices made by young people, referring to their involvement as part of a “revolution.” He highlighted his intention to engage the younger generation in shaping policy.
Furthermore, Yunus called for continued support from Japan, Bangladesh’s largest donor, during this crucial transition period. He stressed that Japan’s assistance is vital to stabilizing Bangladesh’s economy and fostering a democratic foundation in the nation.
Economy
Polythene Bags to Be Phased Out, Says Environment Adviser Rizwana Hasan
Syeda Rizwana Hasan, the Adviser for Environment, Forests, and Climate Change, announced today that steps will be taken to restrict the use of polythene shopping bags to safeguard future generations.
Starting from October 1, polythene bags will be banned in shopping malls, followed by a ban in kitchen markets from November 1.
“Everyone must take responsibility and stop using polythene voluntarily. Action against polythene producers will begin from November 1,” Rizwana Hasan stated during a seminar.
The Department of Environment (DoE) organized the seminar to raise public awareness about alternatives to banned polythene bags.
Rizwana Hasan highlighted that the restriction on polythene will be executed in phases according to legal provisions, and discussions with shopping centers and store owners are ongoing to ensure a smooth transition.
She also announced plans to make the government secretariat a plastic-free zone by December.
Other speakers at the seminar included Environment Secretary Dr. Farhina Ahmed, DoE Director General Dr. Abdul Hamid, Director Rajinara Begum, President of the Shop Owners Association Muhammad Helal Uddin, and Md. Arifur Rahman Bhuiyan, Assistant Professor of Environmental Science at BUP. They discussed the harmful effects of polythene and the need for alternative products.
Earlier, Rizwana Hasan inaugurated a fair showcasing eco-friendly alternatives to polythene bags and visited 24 stalls. The fair featured products from government and private entrepreneurs, including reusable bags, jute bags, paper bags, and items made from bamboo and cane.
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