Pakistan: Over 1000 Imran Khan's Supporters Arrested, Pakistan Rupee Records New Low

NEW DELHI: Former Prime Minister of Pakistan on Tuesday was arrested outside the Islamabad High Court based on orders by the National Accountability Bureau (NAB). Khan was apprehended just as he was scheduled to appear before IHC to seek bail in the Al-Qadir trust case filed by NAB.

As a result, thousands of Ex-PM Imran Khan supporters began protesting and breaking the law on Tuesday, resulting in the arrest of roughly 1000 miscreants and the injury of approximately 130 cops.

Army personnel have been deployed in protest hotspots. A Pakistani court accused Imran Khan in the Toshakhana corruption case on Wednesday, putting the former prime minister in further jeopardy after he was arrested a day earlier from the Islamabad high court premises by paramilitary Rangers. Khan, 70, has been charged with stealing presents, including a costly Graff wristwatch, from the state repository known as Toshakhana and then selling them for a profit.

According to media reports, Imran Khan's Pakistan Tehreek-e-Insaf party filed a plea in the Supreme Court on Wednesday, appealing an Islamabad High Court verdict that supported the former prime minister's arrest in a corruption case.

According to a report, “On Wednesday, the Pakistani rupee sank 1.3% to a record low of 288.5 against the US dollar, a day after former Prime Minister Imran Khan was arrested by Islamabad's anti-corruption agency. According to Tradeweb statistics, Pakistan's international bonds fell 0.4 cents on the dollar, with the 2024 issuance down 0.4 cents.”

According to another report, Pakistan's international bonds fell 0.4 cents on the dollar, with the 2024 issuance down 0.4 cents.

Bonds sold at drastically discounted prices ranging from 49 cents on the dollar for shorter maturities to around 33 cents on the dollar for longer maturities.

According to a ministry order, the details of the deployment will be decided by the province government, and the army would carry out its duty in accordance with the constitution.

"The date of de-requisitioning of said deployment will be decided subsequently after mutual consultation among stakeholders," according to the decree.

Also Read: Former Pakistan Prime Minister Imran Khan arrested by Pakistan Rangers on NAB’s orders

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