A magistrate on Brazil’s Supreme Court on Thursday annulled two more cases against former president Luiz Inacio Lula da Silva that had been brought by former judge Sergio Moro, who had previously been deemed by the same court to have been “biased” in convicting and jailing the iconic leftist leader. The latest ruling invalidates all […]
corruption
Malta put on money laundering watchdog’s list, PM says
Malta’s prime minister said Wednesday the global money laundering watchdog FATF had targeted the island for extra monitoring, pledging to improve oversight on financial crimes on the island nation. The Financial Action Task Force voted in a plenary session Wednesday to put Malta on its “grey list”, Prime Minister Robert Abela told a press conference. […]
Bilawal rejects IMF’s demand for increase in income tax, says govt is robbing people
Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari rejected IMF’s demand to impose income tax worth Rs 150 billion on the salaried class. Declaring PTI as the most corrupt government in the country’s history, Chairman PPP said that the ruling government is successfully robbing the pockets of the people by raising taxes. He also said […]
NAB produces MPA Farrukh Shah in accountability court
The National Accountability Bureau (NAB) Sukkur on Monday produced Sindh MPA Syed Farrukh Ahmed Shah, son of MNA Syed Khursheed Ahmed Shah in a case relating to assets beyond his known means of income in an accountability court. Farrukh was arrested Saturday after a court in Sukkur ordered his arrest. He surrendered himself before the […]
Iraq arrests two generals on suspicion of bribery at key port
Iraq announced Saturday it has arrested two generals on suspicion of taking bribes to waive customs duties, a practice estimated to cost the state $6.3 billion a year in lost revenues. Both men worked at the Gulf port of Umm Qasr, a key entry point for imports of foodstuffs and medicines which is reputed to […]
Country moving towards ‘Naya Pakistan’ destination: Buzdar
LAHORE: Punjab Chief Minister Sardar Usman Buzdar said on Wednesday the country was moving towards the destination of Naya Pakistan and the development schemes were a unique example of quality and transparency. In a statement, he said that negative politics espoused by the PDM could not succeed in new Pakistan. He said the journey of […]
UNGA adopts declaration with roadmaps to combat scourge
UNITED NATIONS: The United Nations General Assembly (UNGA) has passed a Political Declaration titled “Our common commitment to effectively addressing challenges and implementing measures to prevent and combat corruption and strengthen international cooperation” at a special session to discuss corruption. The session adopted the declaration with blueprints to help countries tackle bribery, money-laundering, abuse of […]
Pakistan gives high priority to eradicating corruption, NAB chief tells UN
NEW YORK: Pakistan attaches high priority to fighting corruption as part of the international commitment to end poverty, curb illicit financial flows and ensure peace and prosperity, Javed Iqbal, chairman of the National Accountability Bureau (NAB), told the United Nations. “We believe that corruption should be prevented in all its forms and a culture of […]
Corruption costs developing countries USD 1.26 trillion per annum
ISLAMABAD: National Accountability Bureau (NAB) Chairman Justice (Retd) Javed Iqbal on Friday said that corruption costs some USD 1.26 trillion to developing countries each year owing to bribery, theft, and tax evasions, which was approximately nine times of the official development assistance funding. Addressing the United Nations General Assembly Special Session against Corruption being held […]
Opposition pushing army to overthrow government: PM
ISLAMABAD: Prime Minister (PM) Imran Khan lashed out on the opposition parties on Friday while inaugurating the Lodhran-Multan highway upgradation and rehabilitation project and said that the self proclaimed democrats are pushing on to the army to overthrow the government. He said that these mafias have kept billions of dollars overseas, and because their theft […]