EETL denies corruption accusations, says ready to cooperate with NAB

Apropos to the NAB press release issued on Friday, Engro Elengy Terminal Limited has stated that the company has always been supportive...

Pakistan gets stay over $6bn fine in Reko Diq case

The World Bank’s International Centre for Settlement of Investment Disputes (ICSID) on Thursday granted a stay on enforcement of the massive penalty...

SC voids Royal Palm lease, orders PR to assume control

ISLAMABAD: The Supreme Court on Friday declared void the lease of railways land granted in 2001 for developing Royal Palm Golf And Country Club...

FBR barred from keeping taxpayer’s audit info secret

'How can a taxpayer defend himself during the audit process when parameters and reasons will not be disclosed to him?' LAHORE: Putting the...

Penny Appeal CEO Aamer Naeem accused of harassment, misconduct

Leading British Muslim charity Penny Appeal’s Chief Executive Officer (CEO) Aamer Naeem OBE has been accused of "bullying, harassment and intimidation" by...

Indian businessman Pramod Mittal detained in Bosnia

SARAJEVO: Indian businessman Pramod Mittal has been detained by police at a company in northern Bosnia on suspicion of organised crime and...

SC seeks FBR report on Rs90m tax refund fraud

The Supreme Court has directed the Federal Board of Revenue (FBR) to submit a report on measures taken to recover money from...

AOB bars firm from conducting audit proceedings

ISLAMABAD: The Audit Oversight Board (AOB) has revoked the registration of an audit firm and thereby stopped it from carrying out the...

NAB arrests Miftah Ismail after IHC rejects bail extension

Former finance minister Miftah Ismail was arrested on Wednesday by the National Accountability Bureau after his pre-arrest bail was rejected by the...

‘Law ministry bound to act upon complaints of FBR, Asset Recovery Unit’

'The ministry on its own has no mechanism to look into the assets of any judge' The Ministry of Law and Justice...

Mandviwalla says will prove Ali Siddiqui’s Air Blue investment in court

Senate deputy chairman had stated that appointment of Ali Siddiqui as advisor to PM was made after his investment of $20m...

FBR forms committee to identify, remove anomalies in finance bill

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has constituted an 'Anomaly Committee' to identify and remove the technical and legal anomalies...

Pakistan loses appeal against Broadsheet, asked to pay $33m

Pakistan has lost yet another case against Broadsheet LLC, as its plea has been dismissed by the London High Court, setting the...

Chinese billionaire indicted in US for alleged $1.8bn aluminum tariff evasion

WASHINGTON/NEW YORK: A Chinese billionaire has been indicted by a grand jury on charges he schemed with the aluminum company he founded...

Govt six-member constitutes committee to probe benami properties

ISLAMABAD: The government has constituted a high-powered Benami Information Processing Committee ostensibly to identify and take swift action against benami asset holders, it...