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...
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...
Importer restrained from defaming Maersk Shipping LineÂ
KARACHI: South Karachi District and Sessions Court on Saturday directed an importer, who was continuously defaming a multinational company, Maersk Shipping Line,...
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...
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...
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...
Pakistan faces risk of arbitration lawsuits if it becomes ECT member: Report
According to the report, ECT is an influential tool in the hands of large oil, gas and coal companies which permits them to dissuade governments from moving to clean energy
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...
Govt six-member constitutes committee to probe benami properties
ISLAMABAD:Â The government has constituted a high-powered Benami Information Processing Committee ostensibly to identify and take swift action against benami asset holders, it...
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...
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:Â Putting the...
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...
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...
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...
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...