Pakistan's PM Resigns In Wake Of Supreme Court Decision Saying He's Unfit For Office

Pakistan Prime Minister Nawaz Sharif on Friday resigned from his post, his office said, hours after the country's Supreme Court disqualified him over corruption claims against his family.

The Supreme Court said Sharif is not fit to hold office and ordered a criminal investigation into him and his family. The court also disqualified Finance Minister Ishaq Dar.

The Prime Minister's office said in a statement that Sharif has "stepped down" despite having "serious reservations" about the judicial process.

The Supreme Court dismissed Sharif after an investigative panel alleged his family could not account for its vast wealth. The court also ordered a criminal investigation against the premier and his family.

"He is no more eligible to be an honest member of the parliament, and he ceases to be holding the office of prime minister," Judge Ejaz Afzal Khan said in court.

Sharif, 67, has always denied any wrongdoing and has dismissed the investigation into him as biased and inaccurate.

Sharif's allies have alleged there was a conspiracy to unseat him.

"This is not accountability, it is revenge," tweeted Railways Minister Khawaja Saad Rafiq hours before the verdict was announced. "In an effort dislodge us, the democratic system has been made a target."

Sharif's two previous stints in power were also cut short, including by a military coup in 1999, but he came back from exile to win a resounding victory in the 2013 general elections.

His ruling PML-N party, which has a majority in the parliament, is now expected to appoint a new prime minister.