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‘Black day’ to be observed against PTI govt on July 25

F.P. Report ISLAMABAD: The anti-government alliance will observe a countrywide “black day” on July 25 against alleged rigging in the July 25, 2018, general elections, PPP leader Waqar Mehdi announced in a press conference on Tuesday at Bilawal House, Karachi after a multiparty meeting. The opposition parties in the National Assembly also decided to hold…

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Federal Cabinet decides to constitute special committee for recommendations on Reko Diq case verdict

F.P. Report ISLAMABAD: Prime Minister’s Special Assistant on Information and Broadcasting Firdous Ashiq Awan says a committee has been constituted to submit its recommendations to the cabinet on the verdict of World Bank’s Arbitration Court on Riko Diq case. Briefing media about cabinet meeting along with Federal Minister for Communications Murad Saeed and Advisor to…

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SBP decides to raise policy rate by 100 bps to 13.25 per cent

F.P. Report KARACHI: The State Bank of Pakistan (SBP) on Tuesday announced to increase its policy (interest) rate by 100 basic points (one percent) to 13.25 percent; effective from July 17, 2019. SBP’s Monetary Policy Committee, in its meeting here on July 16, took this decision taking into account upside inflationary pressures from exchange rate…

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NAB to issue red warrants of son in law of Shehbaz Sharif

F.P. Report LAHORE: National Accountability Bureau (NAB) has tightened the noose around son in law of former Chief Minister Shehbaz Sharif. The Bureau has asked its headquarters to issue red warrants of Ali Imran. NAB Lahore wrote a letter to headquarters on April 22 asking to issue red warrants of Ali Imran. Upon not receiving…

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Shehzad Akbar reveals 32 benami properties of Asif Zardari

F.P. Report ISLAMABAD: Special Assistant to Prime Minister on accountability Mirza Shehzad Akbar on Tuesday revealed 32 benami companies of former president Asif Ali Zardari. He said the companies include cement factories and sugar mills. Addressing a presser along with federal minister Ali zaidi and Hammad Azhar, he said action would be taken according to…

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Judge was removed but Nawaz remains in prison: Khawaja Asif

F.P. Report ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) leader Khawaja Asif said in Parliament on Tuesday that the judge was removed but Nawaz Sharif still remains in prison. The PML-N leader was referring to the removal of accountability court judge Arshad Malik over the video leak scandal. “The video of a judge came forward and questions…

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PPP seeks production order of Zardari for NA session

F.P. Report ISLAMABAD: The Pakistan Peoples Party (PPP) has submitted an application with the secretariat of the National Assembly (NA), seeking production order of former president Asif Ali Zardari, on Tuesday. Former president Asif Zardari, who is under the custody of the National Accountability Bureau (NAB) Rawalpindi for investigation into the money laundering through fake…

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Khawaja brothers to be indicted on August 18 in Paragon Housing case

F.P. Report LAHORE: The accountability court will indict the Pakistan Muslim League-Nawaz (PML-N) leaders Khawaja Saad Rafique and his brother Salman Rafique on August 18 in Paragon housing society case. According to reports, Judge Jawad ul Hasan on Tuesday heard the National Accountability Bureau’s (NAB) reference against Pakistan Muslim League-Nawaz (PML-N) leaders Khawaja Saad Rafique…

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Assets case: NAB decides to freeze Shehbaz Sharif’s properties

F.P. Report ISLAMABAD: National Accountability Bureau (NAB) has decided to freeze properties of Pakistan Muslim League-Nawaz (PNL-N) President, Shehbaz Sharif in illegal assets case. According to local media reports, NAB had taken the decision on Monday after UK newspaper exposed an alleged money laundering scandal of Shehbaz Sharif from the UK government aid for earthquake…

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Top court to hear judge Arshad Malik video scandal case today

F.P. Report ISLAMABAD: The Supreme Court of Pakistan will hear the video scandal case of judge Arshad Malik, on Tuesday. According to details, Judge Arshad Malim was removed from post last week upon Islamabad High Court’s request over the video scandal. In an affidavit submitted to the IHC, Malik denied the contents of the video…

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