Tag: National Accountability Bureau
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Anti-corruption victory: NAB recovers Rs2.3 trillion, saves $10 billion
National Accountability Bureau (NAB) Chairman Lt Gen (retd) Nazir Ahmed announced a significant achievement, revealing that the bureau has successfully recovered an impressive amount of Rs2.3 trillion and saved over $10 billion in savings for the national exchequer. Speaking at an event, he highlighted the necessity of collective efforts in combating corruption, emphasising that every…
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President allows NAB to secure 30-day physical remand of suspects, night before Imran Khan’s NAB appearance
Acting president and Senate Chairman Sadiq Sanjrani on Monday night signed the National Accountability Bureau (NA) Amendment Ordinance 2023, which allows the accountability watchdog to secure a 30-day physical remand of a suspect, as opposed to the existing duration of 14 days After the revisions, the NAB chairman has been given authority to issue arrest…
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Intraday update: Pakistani rupee plunges to historic low of Rs290 against dollar amid political turmoil
On Wednesday, the Pakistani rupee (PKR) reached a historic low against the US dollar, falling to Rs290 during intraday trading at the interbank foreign exchange market. This decline is a major setback to Pakistan’s economy, as the rupee lost Rs5.16 in a single day compared to the previous day’s closing rate of Rs284.84.
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NAB chief to draw Rs1.7 million salary, gets govt residence, two cars
The federal cabinet has approved the salary package, perquisites and benefits of Lt. General (R) Nazir Ahmad Butt as Chairman, National Accountability Bureau (NAB). According to news reports, after obtaining the cabinet’s approval, Chairman NAB will get Rs17 lacs monthly as a salary, a government residence and two vehicles. At the same time, he will…
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IHC grants 14-day protective bail to PM’s son Suleman Shehbaz
The Islamabad High Court (IHC) on Tuesday granted protective bail to Prime Minister (PM) Shehbaz Sharif’s son Suleman for 14 days in a money laundering case registered against him by the Federal Investigation Agency (FIA). Last week, the IHC had barred authorities from arresting Suleman in the assets-beyond-means reference while hearing his petition for protective…
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Bushra Bibi’s closest friend’s case dropped by Anti Corruption Establishment Punjab
The Anti-Corruption Establishment (ACE), Punjab, has dropped a corruption case against Farah Khan, a close friend of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan’s wife, Bushra Bibi, reports Geo News. Farah was accused of getting a 10-acre plot allotted in the Faisalabad Special Economic Zone for only Rs83 million when its actual worth was Rs600 million.…
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‘Establishment is a political player in Pakistan’: Fawad Chaudhry
Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry said that the neutral (military) establishment in Pakistan is a political player. He asked how it can be neutral, as it is either on ‘this’ side or ‘that’. “They are political players in Pakistan. They have to decide for themselves. The military and the judiciary have been political players in…
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‘Jo sazish rok saktay thay, unko bataaya tha ke barri mushkil se mulk ki economy sambhali hai’: Imran Khan
Chairman Pakistan Tehreek-e-Insaf (PTI) and former Prime Minister (PM) Imran Khan while speaking to a public gathering said, “Jo sazish rok saktay thay, unko bataaya tha ke barri mushkil se mulk ki economy sambhali hai.” [Those who could stop the conspiracy I told them that we managed the economy with a lot of difficulty.] Khan…
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‘Gen Bajwa should be saluted or should he be criticised?’ Zardari
Pakistan Peoples Party (PPP) co-chair Asif Ali Zardari said on Wednesday said that the army was “apolitical” for the first time, asking whether the situation warranted saluting Chief of Army Staff (COAS) General Qamar Javed Bajwa or “fighting” with him. “Should Chief of the Army Staff (COAS) General Qamar Javed Bajwa be saluted for [keeping]…
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Which reptile is Imran Khan most scared of? Zardari reveals all
Former president and Pakistan People’s Party (PPP) co-chairman Asif Ali Zardari revealed that Pakistan Tehreek-e-Insaf (PTI) Chairperson Imran Khan is afraid of lizards. Taking a jibe at the PTI chairman, Zardari said Khan was detained for eight hours in 2007 and over there, it came to light that he was afraid of lizards. “If Imran…