NAB says probe into second LNG terminal scam still under way on July 26, 2016ISLAMAHAD: The National Accountability Bureau (NAB) has not wrapped up an investigation into a multi-billion-rupee corruption scam wherein the contract for construction of a Liquefied Natural Gas (LNG) terminal at Port Qasim has been awarded illegally, an official source told Daily Times on Tuesday. The investigation into this scam is not over yet, said a […]
Power consumers paid Rs 60bn extra sales tax in a year: report on July 26, 2016 ISLAMABAD: Nawaz Sharif-led federal government has collected more than Rs 59.465 billion in a year from power consumers by levying five different forms of sales tax, revealed a report submitted to the Senate Standing Committee on Finance. The report orchestrated by the Federal Board of Revenue (FBR), which is now available with Daily Times, […]
Millions embezzled from funds allocated for TAPI, IP gas projects on July 24, 2016ISLAMABAD: Officials of a subsidiary of the Ministry of Petroleum and Natural Resources have spent millions of rupees from the funds allocated for two major gas pipeline projects on their foreign tours. The officials withdrew huge amounts from the funds earmarked for the Iran-Pakistan (IP) and Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline projects, says a report submitted […]
PCP board members involved in Rs 5.72bn investment scam on July 21, 2016ISLAMABAD: An investment scam involving more than Rs 5.72 billion by the board of directors of the Privatisation Commission of Pakistan (PCP) has been detected, according to documents forwarded to a parliamentary committee. According to details, the PCP chairman secretly kept a sum of Rs 3.59 billion in a specific bank account. PCP board member […]
SHC CJs son rescued in Tank operation by army on July 20, 2016RAWALPINDI: In yet another successful operation, the military on Monday night managed to recover Awais Ali Shah, the son of Sindh High Court Chief Justice Sajjad Ali Shah, who was abducted from outside a supermarket in Karachi on June 21. Addressing a press conference, Inter-Services Public Relations (ISPR) Director General Asim Bajwa said that Awais […]
Audit report exposes auditor general, finance secretary and others as tax evaders on July 19, 2016ISLAMABAD: Auditor General of Pakistan (AGP) Rana Asad Amin, Federal Finance Secretary Dr Waqar Masood and 17 senior officers have been declared as tax evaders, according to an audit disclosure. The Federal Board of Revenue (FBR) has been directed to investigate them about the tax evasion, besides recovering illegal payments of Rs 25 million made […]
PAC seeks explanation from NAB, FBR for not investigating offshore business scandal on July 16, 2016ISLAMABAD: National Assembly (NA) Public Accounts Committee (PAC) has sought an explanation from NAB chairman and the Federal Board of Revenue (FBR) for not conducting investigations into disclosures made in the Panama leaks about offshore companies owned by over 600 Pakistanis. This explanation has been sought by PAC on the application filed by PTI MNA […]
Two Muslims get liquor licence in garb of non-Muslims on July 14, 2016ISLAMABAD: A scam of obtaining liquor licence from the authorities concerned by Muslim citizens under the garb of non-Muslim identity has come to the surface. Two citizens are reported to have acquired an alcohol selling licence from concerned quarters in Islamabad by showing them that they were Ahmadis. But NADRA’s record exposed the real identity […]
Terror bid to blow up 14 schools in district Jhang foiled on July 13, 2016ISLAMABAD: A terror bid to blow up 14 schools in district Jhang was foiled due to timely action by the Pakistan Army and the facilitators and planners of this bid were apprehended. Had the Army not taken timely action, an enormous disaster could have overtaken the area. The parents are still scared in sending their […]
Officials of Workers Welfare Boards linked to billions of rupees corruption on July 3, 2016ISLAMABAD: The officials of the Punjab and Sindh Workers Welfare Boards have allegedly committed corruption of billions of rupees in labour colonies, construction of residential flats and their distribution. According to the record submitted to a parliamentary committee, the officials of the Punjab Workers Welfare Board (PWWB) purchased land for the construction of labour colonies […]