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Friday, April 28th, 2023

 

German Companies invited to take benefit of investment opportunities in Pakistan

Islamabad, APR 28 /DNA/ – Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce & Industry (ICCI) leading a delegation called on Alfred Grannas, Ambassador of Germany and discussed with him matters for further increasing bilateral trade and economic relations between Pakistan and Germany. Ahsan Zafar Bakhtawari said that the current bilateral trade of around USD 4 billion between Pakistan and Germany can be further increased by renewed efforts from both sides. He stressed for strong business linkages between the private sectors of Pakistan and Germany to explore all untapped areas of businessRead More


Dissolve assemblies forthwith if want negotiations to go forward: Imran tells govt

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan said on Friday that negotiations with the coalition government will only go forward if they are willing to dissolve the National Assembly forthwith, ARY News reported. Talking to reporters at the Islamabad High Court (IHC), the former prime minister said that he had instructed PTI negotiating team to only talk with the government if they are willing to dissolve the National Assembly now. “I have told Shah Mehmood Qureshi and Fawad Chaudhry to only go forward with the talks if the government isRead More


India’s G20 Meeting in Jammu and Kashmir: A Disturbing Attempt to Silence Dissent and Legitimize Control

Sheikh Abdul Moomin India’s decision to host a G20 meeting in the disputed territory of Jammu and Kashmir is a violation of international law and a brazen attempt to legitimize its illegal occupation of the region. The move has been met with strong condemnation from Pakistan which has been raising the issue on different international forums and demanding a peaceful resolution of the conflict since the partition of India in 1947. The decision to host the G20 meeting in the UN-recognized disputed territory of Jammu and Kashmir is nothing shortRead More


ECP submits elections funds report in SC

ISLAMABAD (Dunya News) - A three-member special bench of Supreme Court (SC) headed by Justice Ejaz Afzal Khan on Wednesday has rejected the names proposed by Securities and Exchange Commission Pakistan (SECP) and the State Bank of Pakistan for the constitution of Joint Investigation Team (JIT). Hearing the case related to implementation of Panamagate verdict, the bench that also includes Justice Sheikh Azmat Saeed and Justice Ijaz-ul-Hassan has directed the chairmen of all the departments to appear in the court on Friday along with the list of all the officers in and above Grade 18. The court said that the names would be selected by keeping in view the past record of the officers which means that no corrupt official would be included in the team. Sources told that Securities and Exchange Commission of Pakistan (SECP) had proposed the names of Muzaffar Mirza, Ali Azeem and Usman Hayat whereas National Accountability Bureau (NAB) had named Balochistan NAB Director General Irfan Naeem Mangi, Karachi Director General Farmanullah, Operations DG Zahir Shah and Lahore NAB DG Saleem Shahzad. Three names sent by Federal Investigation Agency (FIA) included Additional Director General Wajid Zia, Additional Director General Captain (R) Ahmed Latif and Additional Director General Dr Shafiq-ur-Rehman. It is to be mentioned here that JIT will present its report to the special bench after every fifteen days whereas it will complete investigation within two months. The team will also be responsible to find answers of the following questions: Question No 1: How were Gulf Steel Mills set up? Question No 2: What happened with the returns of Gulf Steel Mills Question No 3: How did the money earned from Gulf Steel Mills ended up in Jeddah, Qatar and Britain? Question No 4: What were the reasons of selling Gulf Steel Mills? Question No 5: Did the young Hassan Nawaz and Hussain Nawaz have resources enough to buy flats in London in the 90s? Question No 6: Is the Qatari letter a reality or just a fabricated letter? Question No 7: Who is the real owner of Nelson and Nescol? Question No 8: How did the bearer certificates of the offshore companies turn into flats? Question No 9: Where did Hassan Nawaz get the money from for a flagship company and business in London, while there is no transaction recorded to prove the flow of money? Question No 10: How was Hill Metal Company set up? Question No 11: How did Hussain Nawaz gift millions of rupees to his father and where did the money for those gifts come from? On April 20, Justice Asif Saeed Khosa had announced Panama Leaks case decision comprising of 540 pages, saying that the court issued a split ruling calling for a joint investigation team of National Accountability Bureau (NAB), Federal Investigation Agency (FIA), State Bank of Pakistan, Inter-Services Intelligence and Military Intelligence that will be headed by a director-general level FIA officer. Two of the five judges went further, branding Sharif "dishonest" and saying he should be disqualified, but they were outnumbered. "A thorough investigation is required," Justice Asif Saeed Khosa said. The case against Sharif stems from documents leaked from the Panama-based Mossack Fonseca law firm, which appeared to show that his daughter and two sons owned offshore holding companies and used them to buy properties in London.

ISLAMABAD: The Election Commission of Pakistan (ECP) Friday submitted a report to the Supreme Court (SC) of Pakistan regarding the provision of funds for the Punjab and Khyber Pakhtunkhwa (KP) Assembly elections. The Election Commission of Pakistan (ECP) filed the report at the SC’s Registrar’s Office. The ECP in its report stated that the electoral watchdog had not received Rs21 billion for the elections in two provinces as per the apex court’s directives. At the last hearing before Eidul Fitr, the SC had asked ECP to submit a report onRead More


Ex-COAS’ views on army’s combat worthiness quoted out of context: ISPR

RAWALPINDI, APR 28 /DNA/ – Recently, there have been discussions in the media on the Pakistan Army’s combat worthiness in view of the condition of certain weapon systems in its inventory. To this end, the views of former army chief on the future threats to Pakistan, which he shared with media persons in an off-the-record interactive session, have been quoted out of context. Army assures the people of Pakistan that we always took and will continue to take pride in our operational preparedness and utmost combat worthiness. Pakistan’s Armed ForcesRead More


First batch of Pakistanis evacuated from war-hit Sudan reaches Karachi

DNA ISLAMABAD, APR 28: First batch of Pakistanis evacuated from war-hit Sudan reaches Karachi. On the directives of the Prime Minister of Pakistan, Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the Air Staff, Pakistan Air Force has ordered PAF transport fleet to carry out swift evacuation of stranded Pakistanis from conflict-hit Sudan. PAF Airbus carrying 149 passengers has safely landed at Karachi through Jeddah. PAF C-130 carrying 110 Pakistani passengers will land in later half of the day. Air Force is making all-out efforts to repatriate stranded PakistanisRead More