Pakistan PM resigns after court order to disqualify him: statement

Pakistan Prime Minister Nawaz Sharif resigns from his post hours after the country’s Supreme Court disqualified him over corruption claims against his family. Ryan Brooks reports.

ISLAMABAD, PAKISTAN (REUTERS / PTV)) – Pakistan’s Prime Minister Nawaz Sharif dramatically stepping down from office on Friday (July 28).

His third stint in power cut short by a damning corruption probe that began with the infamous Panama Papers.

His resignation comes after Supreme Court judges ruled to disqualify Sharif because he and his family couldn’t account for their vast wealth, which according to an investigative panel, far exceeds their earnings.

The probe was triggered last year following the 2015 leak which linked Sharif’s children to high-end London apartments bought through offshore companies.

He and his family deny any wrongdoing.

The ousted leader labelling the investigation biased and inaccurate, while his allies say there’s a conspiracy against him.

The decision raises concerns about the future of Pakistan’s fragile democracy.

Since independence from British rule 70 years ago not one prime minister has served a full term of office.

Sharif himself has his two previous stints in the top job.

The onus is now on his ruling party to choose a new national leader.