‘Welcome back to old Pakistan’: Imran Khan’s ousting marks return of political dynasties

The toppling of Khan on Sunday was a triumph for Pakistan’s leading political families, the Sharifs and Bhuttos, who were once bitter rivals but united in an alliance against the former sports superstar after he won election in 2018.

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Pakistan has been ruled by the military for about half of its existence since the nation was founded in 1947 while the Bhuttos and Sharifs have led multiple civilian governments since the 1970s.

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Nasir Ali Shah Bukhari, who heads brokerage KASB [Securities], said Sharif’s experience working in his family’s metals business before he went into politics would reassure the business community. “He himself is a businessman and has a thorough understanding of the challenges faced by businessmen,” Bukhari said.

Sharif and his brother Nawaz have been dogged by corruption allegations, which they say are politically motivated. Nawaz was serving a seven-year jail sentence for corruption when he got special permission to visit the UK for medical treatment in 2019. He has remained in the UK since.

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Asfandyar Mir, an expert at the US Institute of Peace, said the two families found common cause as Pakistan’s powerful military sought to reduce their influence. “The military have deep disdain for both of these political parties,” Mir said. “So I suspect they’ll work together . . . they realise Khan is the common rival they have, and that he can make a comeback.”