Dubai News TV

Pakistan's Supreme Court on Thursday declared former prime minister Imran Khan's arrest "illegal" after hearing Pakistan Tehreek-e-Insaf's (PTI) petition challenging the arrest of the party chief.  A three-member bench headed by Chief Justice of Pakistan Umar Ata Bandial, comprising Justice Athar Minallah and Justice Muhammad Ali Mazhar, was hearing the case. Terming his arrest ‘illegal’, the Supreme Court ordered to release Imran Khan immediately. The Supreme Court also observed that whatever the Islamabad High Court decides, Imran Khan will have to abide by. During the hearing, Imran’s lawyer argued that his arrest was made without an investigation officer and accused National Accountability Bureau (NAB) of committing contempt of court. The Chief Justice of Pakistan stressed the importance of courts being accessible to everyone and the individuals should feel safe to approach them. The court ordered Chairman PTI Imran Khan's immediate release....

The lingering political turmoil has been taking a severe toll on the market sentiments as the Pakistani rupee depreciated a further 3 % to a record 298.93 against the US dollar in the inter-bank market on Thursday. The State Bank of Pakistan (SBP) data showed that the Pakistani currency closed at 298.93, another whopping decrease of Rs. 8.9 on the same day Thursday. The rupee had also sustained losses against the US dollar on Wednesday, settling at 290.22 in the inter-bank market. Political turmoil, IMF deal The current political instability and the government’s failure to materialize the much-awaited bailout package deal with the International Monetary Fund (IMF) have been cited among the top most reasons for the free-falling rupee against the strong dollar. The arrest of former prime minister and Chairman of Pakistan Tehrik-e-Insaf Imran Khan has added fuel to the fire. Analysts say that the IMF has further delayed the bailout package, which...