Why Pakistan's Maryam Nawaz Sharif could be undone by a font

The Pakistan Stock Exchange

The JIT further said that Maryam, her brothers Hussain and Hassan and husband Mohammad Safdar signed falsified documents to mislead the apex court.

The JIT in its report has said Sharif's lifestyle and that of his children was beyond the known means of income, and recommended a corruption case against him and his children.

While briefing the cabinet, Sharif said all the allegations made by the JIT in its report were in reference to his family's business dealings.

Nawaz Sharif on Thursday has said that there was not a single word on corruption against me in the report submitted by Joint Investigation Team (JIT) in Panama Leaks case. He said session of the Senate has been called on July 17, the day the Supreme Court's special bench would hold its next hearing in the Panama case.

While presiding over the Parliamentary Party meeting of the ruling Pakistan Muslim League-Nawaz (PML-N) in Islamabad, the prime minister said none of the politicians in Pakistan ever presented himself for accountability.

Pakistan's Federal Investigations Agency, the country's equivalent of the FBI, discovered that Sharif's daughter Maryam was the sole shareholder of one of two British Virgin Island companies which had invested in high-end London property, described by the agency as "ill-gotten wealth earned through corrupt practices". The bench had also ordered the attorney general that the federation may itself decide about constitution of commission to initiate inquiry and proceed against the person in accordance with law.

Pakistani Prime Minister Nawaz Sharif has for the first time explicitly rejected a report from a corruption investigation that raised questions about the source of his family's wealth.

However, the JIT's findings have severely shaken Sharif's position, giving more ammunition to opposition and the military, which could have serious implications for India's security.

The Sharifs claimed that the flats were purchased by a Qatari consortium in the 1990s and Mr. Sharif's sons took the ownership in 2006.

But Sharif contended that the "controversial" JIT had submitted a report "based on accusations and conjecture" that reflected "animosity and malice". The assets surfaced when Panama papers a year ago showed that they were managed through offshore companies owned by Sharif's children.

The chairman of Pakistan Peoples Party (PPP), Bilawal Bhutto-Zardari, on Tuesday reiterated that the premier had lost moral and legal ground to remain in office.

He had served as the prime minister from 1990 to 1993 and from 1997 to 1999.

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