Wednesday, December 20th, 2017
NAB yet to get certified copy of JIT report
ISLAMABAD, DEC 20 (DNA) – More than three months have passed since the Sharif family’s trial in an accountability court began, but the National Accountability Bureau (NAB) has yet to submit original or certified copies of the report compiled by the Panamagate Joint Investigation Team (JIT). So far, the trial had been conducted on the basis of unattested photocopies of the JIT report. Sharif’s lawyer Khawaja Haris pointed out during a hearing on Tuesday since the record presented by the prosecution was not original, it was inadmissible in the court asRead More
Sindh govt increases female police quota from 2pc to 5pc
SINDH, DEC 20 (DNA) – The Government of Sindh has announced an increase in the quota of female personnel in the police force from 2 per cent to 5pc, a notification issued by the provincial Home Department said. The move came in pursuance of a 2015 decision by the Sindh Service Tribunal which deals with matters relating to the terms and conditions of service of civil servants. According to the decision, a 5pc quota is to be reserved for female personnel in each rank, which means the strength of femaleRead More
Imran challenges Nawaz, says will initiate movement in support of judiciary
ISLAMABAD, DEC 20 (DNA) – Hours after Nawaz Sharif vowed to start a ‘justice restoration movement’, Pakistan Tehreek-e-Insaaf (PTI) Chairman, Imran Khan challenged ousted Prime Minister Nawaz Sharif that he will start a movement in support of the judiciary. Imran’s comment came after Nawaz announced to start a movement for the restoration of justice in the country on Tuesday after his hearing at the accountability court. “I challenge Nawaz Sharif to start a Tehreek against judiciary as I will start one in support of our judiciary & we will see whom the peopleRead More
IHC bars accountability court from proceedings against Ishaq Dar
ISLAMABAD, DEC 20 (DNA) – The Islamabad High Court (IHC) has issued stay order against the accountability court’s decision regarding issuance of non-bailable arrest warrants for former finance minister Ishaq Dar. While hearing the petition filed by Dar’s lawyer Qausain Faisal Mufti, the high court has barred the accountability court from proceedings against Dar till January 17, 2018. The petition filed on December 2 requested that Dar be exempted from appearing in court due to his poor health and asked the IHC to allow someone else to represent the formerRead More
EU banks will be allowed to operate normally in UK, post Brexit: sources
LONDON, DEC 20 (DNA) – The Bank of England will allow European banks to continue selling their services in the United Kingdom without having to create expensive subsidiaries after Brexit, even if no divorce deal is struck between London and Brussels. The decision, due to be made public by the BoE at 1300 GMT on Wednesday, would mean European banks offering wholesale services would not face new hurdles to operating in London, which vies with New York for the title of the world’s financial capital. The BoE did not immediatelyRead More
Pakistan developing into a major consumer market
FAISALABAD, DEC 20 (DNA) – Pakistan’s strategic location, its big population and workforce, economic outlook, investment policy and special economic zones under the China-Pakistan Economic Corridor (CPEC) have made the country an ideal destination for foreign direct investment (FDI), a leading businessman remarked. Speaking at an international investment forum organised by Expandeers – a global network of senior business development experts – in Munich, Germany, Faisalabad Chamber of Commerce and Industry’s (FCCI) former vice president Engineer Ahmed Hassan highlighted that Pakistan’s economy had expanded to $304.4 billion and its per capitaRead More