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Pakistan court to decide on accusations against PM's family
Court Watch |
2017/04/20 23:49
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Under tight security, Pakistan's top court is to deliver a much-awaited decision on Thursday on corruption allegations against Prime Minister Nawaz Sharif's family which could determine his political future.
If the Supreme Court announces punitive measures against Sharif or his family members as part of the decision, it may lead to a crisis in government. In 2012, the same court convicted then-Premier Yusuf Raza Gilani in a contempt case, forcing him to step down.
Thursday's decision will be the outcome of petitions from opposition lawmakers dating back to documents leaked in 2016 from a Panama-based law firm that indicated Sharif's sons owned several offshore companies.
Sharif's family has acknowledged owning offshore businesses.
The opposition wants Sharif, in power since 2013, to resign over tax evasion and concealing foreign investment. Sharif has defended his financial record.
Information Minister Maryam Aurangzeb told reporters the government will "accept the court decision."
Naeemul Haq, a spokesman for cricketer-turned-politician Imran Khan, whose party is leading the petition, said the decision will be an "historic one."
Lawyer A.K. Dogar, who is not involved in the probe by the Supreme Court or the petition, said the decision could determine the political fate of Sharif.
Senior opposition politician Mehnaz Rafi, from Khan's party, told The Associated Press she hopes the decision will help recover tax money from Sharif's family and others who set up offshore companies to evade taxes. If the court finds Sharif's family evaded paying taxes, she said he should resign as he will no longer have "moral authority to remain in power."
The prime minister has insisted his father built up the family business before Sharif entered politics in the 1980s. Sharif says he established a steel mill abroad while he was exiled to Saudi Arabia by former military ruler Pervez Musharraf, who seized power in a coup in 1999.
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Not guilty pleas entered for accused in Canada polygamy case
Court Watch |
2017/04/19 23:49
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The trial of two Canadian men from a fundamentalist sect that allows men to have multiple wives opened Tuesday with not guilty pleas being entered on charges of practicing polygamy.
Winston Blackmore and James Oler each face one count of polygamy. Both men have served as bishops for the religious settlement of Bountiful, British Columbia which follows the teachings of the Fundamentalist Church of Jesus Christ and Latter-Day Saints, often referred to as the FLDS.
Oler is accused of having four wives. He pleaded not guilty. Blackmore remained mute and Justice Sheri Ann Donegan said a not guilty plea would be entered on his behalf. Blackmore is accused of marrying 24 women over 25 years.
Blackmore's lawyer, Blair Suffredine, said outside court his client chose to say nothing for religious reasons.
"He doesn't want to deny his faith. He doesn't feel guilty," Suffredine said. "The technical way around that is don't say anything and they'll enter the plea not guilty."
Special prosecutor Peter Wilson told the court his case includes marriage records seized from the church's Yearning for Zion Ranch in Texas, which were used in 2010 to sentence leader Warren Jeffs to life in a U.S. prison for sexually assaulting two young girls.
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Dems elevate attacks as Supreme Court showdown nears
Court Watch |
2017/04/07 11:57
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Senate Democrats elevated their attacks against President Donald Trump's Supreme Court nominee Wednesday, portraying him as an ally of the powerful and an enemy of the weak as an explosive showdown loomed on the Senate floor. Republicans defended Judge Neil Gorsuch, accusing Democrats of trying to block him out of frustration over Trump's election victory.
"Democrats would filibuster Ruth Bader Ginsburg if President Donald Trump nominated her," said Majority Leader Mitch McConnell, R-Ky., naming one of the more liberal sitting justices. "There is simply no principled reason to oppose this exceptional, exceptional Supreme Court nominee."
Democrats begged to differ, returning again and again to McConnell's decision last year to deny consideration to then-President Barack Obama's Supreme Court nominee, Judge Merrick Garland, who was ignored for nearly a year by Senate Republicans after the death of Justice Antonin Scalia.
Instead McConnell kept Scalia's seat open, a calculation that is now paying off hugely for Republicans and Trump, who will be able to claim the biggest victory of his presidency to date if Gorsuch is confirmed on Friday as expected.
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Bangladesh High Court upholds death for 2 in blogger killing
Court Watch |
2017/04/01 11:29
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Bangladesh's High Court on Sunday confirmed the death penalty for two people tied to a banned Islamist militant group for the killing of an atheist blogger critical of radical Islam.
The court also upheld jail sentences for six others after appeals were filed challenging the verdicts handed down by a trial court in 2015.
Sunday's decision involves the killing of Ahmed Rajib Haider, who was hacked to death in 2013. Haider had campaigned for banning the Jamaat-e-Islami party, which opposed Bangladesh's independence from Pakistan in 1971.
One of the defendants was Mufti Jasimuddin Rahmani, the leader of the Ansarullah Bangla Team, and the rest were university students inspired by his sermons.
During the trial, the students said that Rahmani incited them to kill Haider in sermons in which he said all atheist bloggers should be killed to protect Islam.
The two North South University students who received the death sentences included Faisal bin Nayeem, who the court said hacked Haider with meat cleavers in front of his house in Dhaka, Bangladesh's capital. Another was tried in absentia. The others received prison sentences ranging from three years to life. Rahmani was sentenced to five years.
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Democrats tighten opposition of high court pick
Court Watch |
2017/04/01 11:29
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Senate Democratic opposition to President Donald Trump’s Supreme Court nominee swelled Friday as Democrats neared the numbers needed for a filibuster, setting up a showdown with Republicans who have the votes to confirm Neil Gorsuch.
Sens. Claire McCaskill of Missouri, Richard Blumenthal of Connecticut and Brian Schatz of Hawaii became the latest Democratic senators to announce their opposition to Gorsuch, a 49-year-old federal appeals court judge in Denver whose conservative rulings make him an intellectual heir to the justice he would replace, the late Antonin Scalia.
McCaskill’s decision came a day after she said she was torn over the decision. She said she’s opposing the federal appeals court judge because his opinions favor corporations over workers and he’s shown “a stunning lack of humanity” in some of those decisions.
She also criticized Trump in her statement announcing her opposition, saying “the president who promised working people he would lift them up has nominated a judge who can’t even see them.”
Senate Minority Leader Chuck Schumer of New York warned Republicans against changing Senate rules, which could prove momentous for the chamber and would allow all future Supreme Court nominees to get on the court regardless of opposition from the minority party. He says President Donald Trump should just pick a new nominee if Gorsuch is blocked. |
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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The content contained on the web site has been prepared by Securities Law News as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case. | Affordable Law Firm Website Design by Law Promo |
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