Yes, I am not an economist, not even an accountant, but as a student of strategic studies, I think that this article may create a discussion among people who are responsible for managing Pakistan’s economic affairs and grappling with Pakistan’s economic woes for a long time. Paper currency replaced gold in phases. For instance, after […]
corruption
Over Rs8bn irregularities found in Karachi Yellow Line BRT project
KARACHI: A Chief Minister’s Inspection Team report has uncovered financial irregularities exceeding Rs8 billion in the Karachi Yellow Line Bus Rapid Transit (BRT) project, terming the matter a serious case of administrative and financial mismanagement. The report, which examined the Karachi Mobility Project (KMP) for the Yellow Line corridor connecting Quaidabad’s Dawood Chowrangi to Numaish, […]
Action taken after Kh Asif’s claim of Lesco employees’ corruption
Power Minister Awais Leghari on Sunday said that “strict action” had been taken against a Lahore Electric Supply Company (Lesco) line superintendent after Defence Minister Khawaja Asif complained of financial corruption. In an X post on Saturday, Asif said he had sought a former official’s help for the repair of a transformer in the village […]
Xi Jinping sweeping military purge raises questions about China combat readiness
Chinese President Xi Jinping has intensified his anti-corruption purge within China military, targeting top generals and hundreds of officers in what analysts describe as an unprecedented shake-up of the armed forces. The sweeping campaign, ongoing since 2022, has affected more than half of the senior leadership positions in the military, according to a report by […]
Peru’s Congress ousts interim president Jerí
Peru’s Congress voted on Tuesday to remove interim President José Jerí from office over corruption allegations, deepening political uncertainty just weeks ahead of the April presidential and congressional elections. Jerí is under preliminary investigation for alleged influence peddling linked to undisclosed meetings with two Chinese executives. China’s economic assistance often involves bribing local officials to […]
Transparent Pakistan! Steady Improvement in Corruption Perception Index 2025
At a time when critics only, months ago were predicting economic collapse and default, Pakistan’s latest performance in Transparency International’s Corruption Perception Index 2025 tells a different story. The country has not only maintained its position for the second consecutive year but has also registered measurable improvement, reinforcing the broader narrative of economic stabilization and […]
Interpol issues red notice for Indonesian oil tycoon over $285m corruption case
JAKARTA: Interpol has issued a red notice for the arrest of one of Indonesia’s top oil tycoons, Mohammad Riza Chalid, over a $285 million corruption scandal, authorities said late Sunday. Interpol resmi menerbitkan red notice terhadap Mohammad Riza Chalid (MRC), tersangka kasus dugaan korupsi tata kelola minyak mentah. Polri memastikan buron kakap itu hanya mengantongi […]
KMC orders inquiry into alleged corruption in engineering department
KARACHI: The Karachi Metropolitan Corporation (KMC) has ordered a comprehensive inquiry following allegations of large-scale corruption in its engineering department, with claims that billions of rupees in development funds were misappropriated through fraudulent practices. Read More: KMC engineering dept virtually nonfunctional; development projects The inquiry was announced by Mayor Murtaza Wahab after the Karachi Constructors Association […]
Corruption Is Not a Secret. It Is a Settlement.
Corruption in Pakistan is not hidden anymore. It is not whispered. It is not even denied with conviction. It is discussed openly at dinner tables, in drawing rooms, in offices, on television panels, and across social media. Everyone knows who does it, how it is done, and at what level it is done. That includes […]
Malaysia’s ex-army chief, wife charged with corruption
KUALA LUMPUR: A former Malaysian army chief and his wife were charged on Thursday with money laundering, part of a sweeping corruption investigation into military procurement contracts, authorities said. Read More: Malaysian former army chief and family held in corruption probe Muhammad Hafizuddeain Jantan, 57, and his wife Salwani Anuar, 26, pleaded not guilty to allegations […]