Ahmad Ahmadani

Economy

Digicom Trading Pvt Ltd had cleared the containers of the phones in the cover of LED lights (bulbs) via a green channel on 31 October 2017. These mobile phones were brought to Pakistan without getting an approval of Pakistan Telecommunication Authority (PTA) and also without getting their IMEI numbers registered

Economy

Russia has shown readiness to export gas by laying an offshore pipeline through Gwadar Port to Pakistan and India

Headlines

Following reports of alleged pressure by former prime minister Shahid Khaqan Abbasi to revoke OGRA’s decision, OGRA has finally decided to cancel the RS560 million penalty placed on PLL for cancelling the import of four LNG cargoes to the country, and pass it on to consumer.

Headlines

Azgard Nine Limited, JS Global, Swiss Bank Julius Baer and Securities and Exchange Commission all alleged in illegal remittances worth €23.75 million.

Headlines

Well-informed sources in petroleum division disclosed that from June petrol is likely to witness an increase of Rs7.46 per litre, high-speed diesel (HSD) Rs7.87 per litre, kerosene oil by Rs5.61 per litre and light diesel oil (LDO) by Rs5.25 per litre.

Economy

SSGCL, which was overcharging its customers, has to pay back Rs 18 bn over the next 5 years, instead of paying instantly, allegedly due to its influential shareholders.

Headlines

The incumbent government is allegedly all out to ensure the sale of Abraaj Group’s shares in K-Electric to Shanghai Electric Power.