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Pakistan's top court seeks reply from PM over money scandal
Court Watch |
2016/10/21 20:18
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Pakistan's Supreme Court Thursday sought a reply from Prime Minister Nawaz Sharif in response to several petitions seeking his resignation over a financial scandal involving his family.
The court gave Sharif two weeks to submit his response, Sharif's aides and opposition leaders told reporters outside the courthouse.
The premier has been under pressure from the opposition to step down because his family members were named as holders of offshore bank accounts in leaked financial documents from Panamanian law firm Mossack Fonseca.
One of the petitions has come from the opposition party of cricketer turned politician Imran Khan who is threatening to bring tens of thousands of protesters to the capital, Islamabad, on Nov. 2 to press for Sharif's disqualification. This was the first step to make the prime minister answerable to the law, Khan said. "We wanted to have it settled in parliament, but the prime minister didn't present himself there for accountability."
He said the court proceedings didn't mean that he would postpone the street rallies.
Sharif's aide and Pakistani Defense Minister Khawaja Muhammad Asif said the government was ready to be transparent and accountable. "We will never escape," he said. "We're ready for accountability at any forum."
Another of Sharif's ministers Khawaja Saad Rafique said there was no reason for any more protest rallies now that the country's top court had taken up the issue.
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Rights group criticizes Polish law of weakening top court
Court Watch |
2016/10/14 11:42
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An international human rights body on Friday criticized recently enacted legislation in Poland regulating the nation's top legislative court, saying the law "gives excessive power to parliament and the executive over the judiciary."
The Venice Commission, a group of constitutional law experts with the Council of Europe, the continent's top human rights watchdog, issued its opinion during a meeting in Venice, Italy.
The Polish government refused to send representatives to the meeting, accusing the commisison of political bias and of refusing to take Warsaw's position into account.
It is the latest development in a long-running crisis in Poland surrounding the Constitutional Tribunal, which is charged with evaluating the constitutionality of disputed legislation. The court therefore plays a key role in Poland's system of democratic checks and balances.
The European Union, United States and many Poles also have expressed concerns about the Polish government's attempts to change how the court works. The changes have effectively weakened the court's ability to strike down disputed new laws governing other matters, including police surveillance and government control of public media.
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Iraq's federal court rules against prime minister's reforms
Court Watch |
2016/10/13 22:10
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Iraq's federal court ruled on Monday that Prime Minister Haider al-Abadi's move to abolish the largely ceremonial posts of the country's vice president and deputy prime minister is unconstitutional.
Under Iraq's constitution, abolishing the posts would require the approval of an absolute majority in parliament followed by a national referendum, the court said in a statement.
The decision, which is binding for the Iraqi government, was a slap for al-Abadi, who canceled the posts last year as part of a wide-ranging reform plan that was approved by his Cabinet and passed by Parliament. It was intended to shore up public support for his government in the face of widespread protests.
The cancellations were also an apparent attempt to consolidate power under al-Abadi's government in order to combat corruption and tackle the country's ballooning budget crisis, sparked in part because of a plunge in the price of oil over the past two years, government spokesman Saad al-Hadithi said.
"The return of the (vice president and the deputy prime minister) will affect the expenses of the state," al-Hadithi said.
The decision underscores the government's enduring weakness as Iraqi forces prepare to retake the city of Mosul from the Islamic State group. While the U.S.-led coalition has closely supported Iraq's security forces in the military fight against IS, coalition officials say the Iraqi government is responsible for enacting political reforms that will prevent IS from growing in power in Iraq once again.
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Israel's Supreme Court rejects former PM Olmert's appeal
Court Watch |
2016/10/01 12:23
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Israel's imprisoned former Prime Minister Ehud Olmert faces an additional eight months behind bars after the country's Supreme Court rejected an appeal.
Olmert is already serving a 19-month sentence after being convicted of bribery and obstructing justice. The court this week unanimously rejected the appeal of a separate set of charges that included accepting cash-stuffed envelopes from a U.S. businessman.
He began his sentence in February. Olmert was a longtime fixture in Israel's hawkish right wing when he began taking a dramatically more conciliatory line toward the Palestinians as deputy prime minister a decade ago.
He played a leading role in Israel's withdrawal from the Gaza Strip in 2005. He became prime minister in January 2006 after then-Prime Minister Ariel Sharon suffered a debilitating stroke.
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Supreme Court in holding pattern, awaiting ninth justice
Court Watch |
2016/09/30 12:24
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The Supreme Court is set to begin its new term as it ended the last one — down one justice and ideologically deadlocked on a range of issues.
The absence of a ninth justice since Antonin Scalia's death in February has hamstrung the court in several cases. It's forced the justices to look for less contentious issues on which they're less likely to divide by 4-4.
It could be several months, at least, before the nation's highest court is again operating at full strength.
How the presidential election turns out will go a long way toward determining the judicial outlook of the ninth justice, the direction of the court and the outcome of several cases already being heard and others that probably will be at the court soon.
A rush hour commuter train crashed through a barrier at the busy Hoboken station and lurched across the waiting area Thursday morning, killing one person and injuring more than 100 others in a grisly wreck that renewed questions about whether long-delayed automated safety technology could have prevented tragedy.
People pulled chunks of concrete off pinned and bleeding victims, passengers kicked out windows and crawled to safety and cries and screams could be heard in the wreckage as emergency workers rushed to reach the injured in the tangle of twisted metal and dangling wires just across the Hudson River from New York City.
The New Jersey Transit train ran off the end of the track as it was pulling in around 8:45 a.m., smashing through a concrete-and-steel bumper. As it ground to a halt in the waiting area, it knocked out pillars, collapsing a section of the roof.
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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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