In a shocking turn of events, Istekhan-e-Pakistan Party (IPP) Patron-in-chief Jahangir Tareen has resigned from the position as party chairman and decided to quit politics altogether. “I would like to thank everyone who supported me in this election and want to offer my congratulations to my opponents,” the sugar baron in a post on X (formerly Twitter). “I have immense respect for the will of the people of Pakistan,” he said, offering his gratitude to all members of Istekhan-e-Pakistan Party (IPP), formed after May 9 events.