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Pakistan ex-PM Khan given three-year jail sentence

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Former Pakistan Prime Minister Imran Khan has been given three-year jail sentence over corruption allegations.

Mr Khan was found guilty of not declaring money earned from selling gifts he received in office. He denies the charges and says he will appeal.

After the verdict, Mr Khan was taken into custody from his home in Lahore.

In a pre-recorded statement on X, formerly known as Twitter, he told his supporters: “I have only one appeal, don’t sit at home silently.”

The former cricketer-turned-politician, 70, was elected in 2018, but was ousted in a no-confidence vote last year after falling out with Pakistan’s powerful military.

Mr Khan is facing more than 100 cases brought against him since his removal – charges he says are politically motivated.

Saturday’s verdict centred on charges that he incorrectly declared details of presents from foreign dignitaries and proceeds from their alleged sale.

The gifts – reported to be worth more than 140m Pakistani rupees ($635,000; £500,000) – included Rolex watches, a ring and a pair of cuff links.

“His dishonesty has been established beyond doubt,” judge Humayun Dilawar wrote in his ruling.

Mr Khan’s barrister Gohar Khan said the verdict was “a murder of justice”.

“We weren’t even given a chance. We weren’t even allowed to cross [examine], to say anything in defence or conduct our arguments. I haven’t seen this kind of injustice before,” he told Dawn newspaper.

As the court decision was announced, a crowd, which included some prosecuting lawyers, began chanting “Imran Khan is a thief” outside the building.

His party, Tehreek-e-Insaf, confirmed to the BBC that after being arrested in Lahore, Mr Khan was flown to the capital, Islamabad, to begin serving his sentence.

For months he had avoided arrest, with his supporters at times fighting pitched battles with police to keep him out of custody.

In May, Mr Khan was arrested for not appearing at court as requested. He was then released, with the arrest declared illegal.

Since then, his party has been under intense pressure from the authorities.

Many senior officials have left and thousands of supporters have been arrested, accused of being involved in the protests that followed Mr Khan’s arrest.

When questioned by BBC HARDTalk as to whether he had created an atmosphere of hostility to the military resulting in violence, Mr Khan said he and his party had never advocated the use of violence and had a record of peaceful protest.

Mr Khan said the army in Pakistan was “petrified” of elections which his party would win “hands-down” and, for that reason, “they’re dismantling a democracy”.

Pakistan’s army plays a prominent role in politics, sometimes seizing power in military coups, and, on other occasions, pulling levers behind the scenes.

Many analysts believe Mr Khan’s election win in 2018 happened with the help of the military.

In opposition, he has been one of its most vocal critics, and analysts say the army’s popularity has fallen.

Since being ousted, Mr Khan has been campaigning for early elections.

Conviction would disqualify Mr Khan from standing for office, possibly for life.

Pakistan’s parliament will be dissolved on August 9, leaving a caretaker government to take over in the run up to the elections.

No election date has been announced, although constitutionally they should take place by early November.

Source – BBC

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Fuel prices upped

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The Ceylon Petroleum Corporation (CPC) has announced a revision of fuel prices, effective from midnight today (June 30).

The price of Petrol 92 Octane has been increased by Rs. 12 to Rs. 305 per litre, while the price of Kerosene has been increased by Rs. 07 to Rs. 185 per litre. The price of Auto Diesel has also been increased by Rs. 15, bringing it to Rs. 289 per litre.

However, the prices of Petrol 95 Octane and Super Diesel remain unchanged, according to Ceypetco.

The new fuel prices are as follows:

• Petrol Octane 92 – Rs. 305 (increased by Rs. 12)
• Auto Diesel – Rs. 289 (increased by Rs. 15)
• Kerosene – Rs. 185 (increased by Rs. 7)
• Petrol Octane 95 – Rs. 341 (not revised)
• Super Diesel – Rs. 325 (not revised)

Meanwhile, Lanka IOC has also revised retail fuel prices to match Ceypetco prices.

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“Sri Lanka, only Asian country currently holding talks to revise Trumps’ tariffs”

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Sri Lanka is the only country in the Asia region currently holding discussions with officials in the United States to revise the tariffs introduced by US President Donald Trump earlier this year, according to Minister of Labour and Deputy Minister of Economic Development Prof. Anil Jayantha Fernando.

Joining the Parliamentary debate today (30), where MPs are debating the fiscal strategy statement of the government, the Deputy Minister of Economic Development stated that they are hopeful the government will be able get a better deal from the US regarding the 44% tariff imposed earlier this year.

A Sri Lankan delegation last month held discussions in Washington, D.C., focusing on tariff-related matters, following an invitation extended by the Office of the United States Trade Representative (USTR).

The reciprocal tariffs imposed by United States President Donald Trump has been paused for 90 days at present.

Deputy Minister of Economic Development Prof. Anil Jayantha Fernando in Parliament stated that the government will take all steps within their powers to reduce the tariffs imposed by the US which will have a major bearing on many local industries.

The Deputy Minister while the government is taking such important steps to safeguard local companies, the opposition is only focused on jeopardizing the work of the present administration

(adaderana.lk)

(Except for the headline, this story, originally published by adaderana.lk has not been edited by SLM staff)

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Indian officials extend US visit to iron out trade deal, sources say

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Officials from India will extend their Washington visit to try to reach agreement on a trade deal with U.S. President Donald Trump’s administration and address lingering concerns on both sides, two Indian government sources said on Monday.

Trade talks between India and the U.S. have hit roadblocks over disagreements on import duties for auto components, steel, and farm goods, ahead of Trump’s July 9 deadline to impose reciprocal tariffs.

The Indian delegation had been expected to conclude discussions by last Friday, but was staying on until at least Monday evening to iron out differences and move towards an agreement, officials said, declining to be named as the discussions are private.

“There are certain disagreements over opening up the agriculture and dairy sectors, though India has offered tariff concessions on 90% of tariff lines. A final call will be taken by the political leadership of the two countries,” one of the government sources said.

“The Indian delegation could stay for another one to two days if discussions continue,” the second source said.

India’s commerce ministry and the U.S. Trade Representative Office did not immediately respond to requests for comment.

Agriculture and dairy are “big red lines” for India in its ongoing trade negotiations with the U.S., Finance Minister Nirmala Sitharaman told the Financial Express newspaper in an interview published on Monday.

“Yes, I’d love to have an agreement, a big, good, beautiful one; why not?” Sitharaman said, adding that an early conclusion of the trade deal would serve India better.

Trump said last week that America was going to have a “very big” trade deal with India, but gave no details.

(Reuters)

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