Tuesday, November 21st, 2017
Ishaq Dar declared absconder
ISLAMABAD, NOV 21 (DNA) – The accountability court has on Tuesday declared Finance Minister Ishaq Dar absconder and rejected the minister’s petition in which he sought immunity from hearing of assets beyond known sources of income reference. The court has further directed to release advertisement for Dar’s summoning. The court has also issued a show-cause notice to Ishaq Dar’s guarantor Ahmed Ali Quddusi and ordered him to submit reply by November 24. The minister had made the request to get immunity from hearing on medical grounds as he is inRead More
New Chinese Ambassador, Yao Jing takes charge
ISLAMABAD, NOV 21 (DNA) – New Chinese Ambassador to Pakistan Mr Yao Jing, has assumed charge of his office. Mr Yao Jing had been appointed as new Chinese Ambassador to Pakistan last month. Yao Jing, who has served as Chinese Ambassador to Afghanistan had assume his new assignment in Islamabad. On arrival in Islamabad, he said that China and Pakistan are all-weather strategic partners and have always been maintaining good friendly relations, adding, China accords importance to its diplomatic relations with Pakistan. He expressed the confidence that two countries willRead More
Islamabad’s Safa Mall building owner among six arrested
ISLAMABAD: (DNA) – The apex anti-corruption body on Monday arrested six people – including five former officials of the federal capital’s civic agency and the owner of an upscale shopping mall – on charges of misusing their authority and for corrupt practices. The development came in the backdrop of recently concluded investigations into allegations of corruption against officials of the Capital Development Authority (CDA) and others by the National Accountability Bureau (NAB). The suspects include former CDA Building Control Section (BCS) deputy director-general Malik Ghulam Murtaza, BCS Director Khalil Ahmed, BCSRead More
FC recovers 18 abductees during search operation in Turbat
QUETTA: (DNA) – Two days after the Frontier Corps (FC) Balochistan and Deputy Inspector General (DIG) of Police Quetta announced a search operation, 18 abducted persons have been recovered, out of which 16 are reported to be foreigners. The search operation was carried out on the outskirts of Kech (Turbat) where the abducted people were held. The persons were trying to illegally enter Europe, and amidst their trip, were kidnapped and abducted. Balochistan’s Frontier Corps (FC) carried out the operation with the help of other institutional organisations. All 18 persons were recovered from aRead More
Pak, China agree for initiating first phase of SEZs under CPEC
ISLAMABAD, (DNA) – :Pakistan and China here Monday agreed for initiating the first phase of development of Special Economic Zones (SEZs) under Chian-Pakistan Economic Corridor (CPEC) project, besides enhancing cooperation in other sectors of the economy including petrochemical, steel, textile, leather processing and machinery. It was also decided that the Chinese side will motivate their enterprises for setting up of their industries in SEZ. Consensus to this effect was developed in Senior Officer Meeting (SOM) on Industrial cooperation on the sidelines of 7th meeting of Joint Cooperation Committee (JCC) onRead More
Pakistan rejects use of Chinese currency
ISLAMABAD: (DNA) – Pakistan has turned down China’s demand to allow its currency to be used in the Gwadar Free Zone under the China-Pakistan Economic Corridor framework, arguing any such move would compromise its ‘economic sovereignty’. Pakistan conveyed its final position on the use of the foreign currency in its territory to the Chinese authorities during the Senior Officials Meeting (SOM) that was held on Monday in Islamabad, according to officials who were engaged in talks. The SOM was held a day before the 7th meeting of the Joint Cooperation CommitteeRead More