Money

Chief justice suggests construction of two dams with money recovered from bad debts

Chief justice suggests construction of two dams with money recovered from bad debts

Chief Justice Saqib Nisar on Saturday announced that there is “consensus among all stakeholders” that two dams should be built from the money recovered from 222 companies who had had loans worth billions of rupees written off illegally. “The water shortage is such a serious matter,” he remarked. “I will have some good news regarding […]

NAB chairman will have to explain money laundering allegations: Nawaz

NAB chairman will have to explain money laundering allegations: Nawaz

ISLMABAD:Former prime minister and Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif while criticising National Accountabiliy Bureau (NAB) chairman said that by not appearing before the Senate Committee Justice (r) Javed Iqbal has insulted Parliament.He said this while chairing party’s consultative meeting at Punjab House which was also attended by Prime Minister Shahid Khaqan Abbasi.Sources told […]

Dastagir terms NAB’s $4.9bn money laundering accusation against Nawaz a ‘joke’

Dastagir terms NAB’s $4.9bn money laundering accusation against Nawaz a ‘joke’

Defence Minister Khurram Dastagir Khan on Wednesday lashed out over National Accountability Bureau and termed theiragainst former Prime Minister Nawaz Sharif a ‘joke’. He urged that an investigation should be held against NAB itself. Participating in the debate on the budgetary proposals for the next fiscal year in the National Assembly, the minister asserted that […]

Serial attacker: Karachi police increase reward money by Rs0.5m

Serial attacker: Karachi police increase reward money by Rs0.5m

KARACHI: After failing to trace the serial attacker, the police department has increased on Tuesday the amount of the reward money from Rs0.5 million to Rs1 million. The police department has also issued new pictures of the suspect and his motorcycle. As many as 13 women, including unmarried girls and married women, have so far become […]

UK police returning seized money to Muttahida

UK police returning seized money to Muttahida

UK police returning seized money to Muttahida LONDON: The UK police are in the process of transferring nearly half a million pounds to Altaf Hussain, the Muttahida Qaumi Move­ment and Karachi businessman Sarfraz Merchant. The money was originally seized in the course of a money laundering investigation by the Metropolitan Police’s National Terrorist Financial Investigation […]

Bees make money: Stealing hives the new buzz in New Zealand

Bees make money: Stealing hives the new buzz in New Zealand

Bees make money: Stealing hives the new buzz in New Zealand By Agency A native product prized for its antibacterial properties as much as the taste, Manuka honey fetches as much as US$102 per kilogram. PHOTO: REUTERS WELLINGTON: New Zealand’s bees are being stolen and traded by organised crime syndicates seeking to profit from skyrocketing honey […]

STOCK, MARKET, TO, BE, CLEAN, OF, BLACK, MONEY, SAYS, A, RESOLUTE, SECP, CHIEF

STOCK, MARKET, TO, BE, CLEAN, OF, BLACK, MONEY, SAYS, A, RESOLUTE, SECP, CHIEF

Stock market to be clean of black money, says a resolute SECP chief PHOTO:FILE ISLAMABAD: The apex regulator is set to tackle one of the biggest issues facing the country’s financial system – the inflow of black money – ahead of Pakistan’s anti-money laundering (AML) review next year. In a briefing to the senate standing committee, […]

Two months on: Victims of Landhi train collision await promised compensation money

Two months on: Victims of Landhi train collision await promised compensation money

KARACHI: Although promises of compensation money pour in from the authorities when a major incident takes place, they turn out to be hollow once the tide recedes. Something similar happened with the people who were injured when two passenger trains collided in Karachi’s Landhi area. The incident that took place on November 3, 2016 had […]

Shut such assembly, save people’s money: Imran

Shut such assembly, save people’s money: Imran

ISLAMABAD (Yes News) – Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Friday lashed out at the Pakistan Muslim League Nawaz (PMLN) a day after scuffle broke out between lawmakers of the opposition and ruling parties during the National Assembly session. “What is the use of such assembly? It is better to shut such assembly and […]