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Wednesday, January 17th, 2018

 

NAB summons CM Shahbaz Sharif in Ashiana Housing Scheme corruption scandal

LAHORE, JAN 17 (DNA) – National Accountability Bureau (NAB) has summoned Chief Minister Punjab Shahbaz Sharif on January 22 in relation with the Ashiana Housing scheme corruption scam, media reports have surfaced. Earlier NAB had asked for complete details of Ashiana Housing Scheme and Paragon Housing Scheme for an investigation into the illegal housing schemes issue. Ashiana Housing Scheme, a project of Punjab government was originally launched to provide inexpensive and adequate residential facility to members of the low-income group in the province with Rs 2 billion investment. For the purpose of this scheme,Read More


32 bank accounts compromised in Rawalpindi ATM skimming incident

RAWALPINDI, JAN 17 (DNA) – Hundreds of thousands of rupees have been skimmed out of 32 accounts of a private bank located in the Saddar area of Rawalpindi, indicating the presence of ATM hackers in the twin cities including Islamabad. Reports of unauthorised withdrawals have caused a panic among account holders, whereas the bank’s staff seem helpless in the face of the security breach, simply promising those affected that their stolen monies will be returned within 45 days. One of the 32 affectees is a student named Aliza. During anRead More


Iran vows to stand with Pakistan against US aggressive posture

TEHRAN (DNA)- Senior Iranian and Pakistani Defense officials in a meeting in Tehran underlined the need for broadening bilateral ties, especially in join production of military equipment. During the meeting in the Iranian capital on Tuesday, Iranian Defense Minister Brigadier General Amir Hatami and Pakistani Minister for Defense Production Rana Tanveer Hussain explored avenues for bolstering and reinvigorating defense relations. “The development of defense cooperation between Iran and Pakistan will lead to rising security and stability of the region,” General Hatami said. “The experience of recent years has revealed theRead More


Court grants conditional permission to PAT for Mall Road protest

LAHORE, JAN 17 (DNA) – A three-judge bench of Lahore High Court (LHC) on Wednesday announced the reserved decision on petitions challenging protest sit-in of the opposition parties at Mall Road in Lahore. The bench granted conditional permission to Pakistan Awami Tehreek (PAT) to stage protest sit-in till 12am at the main artery of provincial capital. Earlier today, the bench had reserved its verdict on the petitions filed by Mall Road Traders Association and Lawyers’ Foundation seeking the court injunctions against sit-in announced by Pakistan Awami Tehreek (PAT) with supportRead More


IHC throws out Ishaq Dar’s plea against accountability proceedings

ISLAMABAD, JAN 17 (DNA) – The Islamabad High Court (IHC) on Wednesday discarded a plea submitted by Senator Ishaq Dar seeking suspension of a declaration as proclaimed offender by the accountability court in a graft reference against him filed by National Accountability Bureau (NAB) in compliance of the Supreme Court’s landmark July 28 verdict. According to the NAB reference, the accused had acquired assets and pecuniary interests/resources in his name or in the name of his dependents of an approximate amount of Rs831.678 million as per the investigation conducted soRead More


Saudi Arabia announces $2 bn bailout for Yemen government

RIYADH, JAN 17 (DNA) – Saudi Arabia on Wednesday announced it would transfer $2 billion to Yemen’s central bank, after desperate calls for funding from the war-torn country’s president and prime minister. “To address the deteriorating economic situation faced by the Yemeni people as a result of the actions of the Houthi rebels, King Salman bin Abdulaziz has issued a directive to transfer a $2bn deposit to the central bank of Yemen, in continuation of the kingdom’s support of the Yemeni people,” the interior ministry said in a statement. SaudiRead More