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Home / Author Archives: Asad Kharal

Author Archives: Asad Kharal

NAB asked to arrest UMA CEO Sohail Shams, shipping agent of KMTC

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  KARACHI: Business community asked the National Accountability Bureau (NAB) to take action in a mega mis-declaration scam by M/s Al-Aswed Associates and M/s Facilities Shipping Agency with active connivance of Sohail Shams of M/s United Marine Agencies (UMA), an agent of shipping line KMTC. Business community also sought arrest of UMA CEO Sohail Shams and high-ups of UMA, shipping ... Read More »

NAB arrests Iqbal Z. Ahmed in Rs 100 billion money laundering case

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KARACHI: National Accountability Bureau (NAB) has arrested Iqbal Z. Ahmed, Chairman and Co. founder of Associate Group, CEO M/s JJVL and M/s Lub Gas (Pvt) Ltd and others, in a mega money laundering case. Sources said Chairman NAB Justice Javed Iqbal issued arrest warrant of the accused and DG NAB Karachi Brig (R) Farooq Naser Awan was following the case. ... Read More »

DG Bashir Memon seeks more investigative & administrative powers for FIA

Bashir Memon

  ISLAMABAD: Director-General (DG) FIA, Bashir Ahmed Memon said the government should give more investigative and administrative autonomy to the agency to increase its efficiency and improve its performance. The DG briefed a parliamentary committee on performance of the FIA and presented the recommendations to the government to bring structural reforms in the agency. He said FIA should be given ... Read More »

Big diplomatic victory for Pakistan, UNSC nullifies Indian claim on Occupied Kashmir

Qureshi Imran

UNITED NATIONS: For the first time since 1965, the UN Security Council (UNSC) held a meeting exclusively on occupied Jammu and Kashmir on Friday, nullifying India’s claim that this was an internal matter. China’s UN Ambassador Zhang Jun summed up the discussions, expressing serious concern over the situation. “The UNSC members are concerned about the human rights situation there and ... Read More »

Under IGP Aamir Zulfiqar’s supervision, Islamabad records major fall in crime rate in 8 months

igp

ISLAMABAD: Inspector General of Islamabad Capital Territory (ICT) Police Muhammad Aamir Zulfiqar Khan said Islamabad Police during last eight months have done very well in achieving the targets of crime reduction and maintenance of public order and with continuous close interaction with the public and in pursuance of our motto “Service to the people”, it will achieve more lofty goals ... Read More »

Syed Hassan Nasir Shah assumes charge of PQA Chairman after Asad Chandna’s removal

Chandna 1

KARACHI: Rear Admiral (R) Syed Hassan Nasir Shah has assumed the charge as Chairman Port Qasim Authority (PQA), replacing Asad Chandna as its chairman, who had allegedly allowed the Qasim International Container Terminal (QICT) to hire Indians at key posts. Customs Today exclusively reported on the issue and exposed major irregularities committed by the QICT high-ups in connivance with the ... Read More »

Hussain Nawaz offered me ‘Rs500m bribe’ to resign after Al-Azizia verdict: Arshad Malik

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ISLAMABAD: Accountability judge Arshad Malik has claimed that he was offered a Rs500 million cash bribe by the son of former prime minister Nawaz Sharif, Hussain Nawaz, who demanded that the judge resign on the grounds that he “could no longer deal with the guilt of having convicted” Nawaz under duress in the Al-Azizia/Hill Metal Establishment reference. According to an ... Read More »

QICT, Maersk evading billions of rupees sales tax with SRB connivance?

SRB collects record Rs 6 copy

KARACHI: Top officials of Sindh Revenue Board (SRB), Qasim International Container Terminal (QICT) and M/s Maersk Pakistan (Pvt) Ltd are allegedly involved in country’s biggest ports and shipping scandal worth billions. SRB’s active connivance with QICT and Maersk is suspected as it is not taking any action against these companies for evading billions of rupees sales tax. Sources said QICT ... Read More »

PQA, SECP keep mum over dangerous developments at QICT

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KARACHI: The Qasim International Containers Terminal (QICT) has violated the agreement with Port Qasim Authority (PQA) by appointing Indian officials at key posts through a foreign holding company without the approval of the Ministry of Interior (MoI). Securities and Exchange Commission of Pakistan (SECP) and PQA chairman Asad Rafi Chandna also failed to take any action against QICT senior officials ... Read More »

An eye on excellent performance of NAB

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ISLAMABAD: Corruption is mother of all evils which has become voice of the whole nation today who wanted to eliminate corruption from country with iron hands. Chairman National  Accountability Bureau (NAB) Justice (R) Mr. Javed Iqbal devised an effective three pronged anti-corruption strategy of awareness, prevention and enforcement immediately after assumption of his responsibilities as chairman NAB which was acknowledged as ... Read More »

Evidence surfaces on PQA’s Asad Chandna involvement in multi-billion demurrage scam

Chandna 1

KARACHI: Documents have surfaced hinting at possible involvement of Port Qasim Authority (PQA) chairman Asad Rafi Chandna in the multi-billion demurrage and detention scam as his intentional inaction on the issue even after an agreement leads to suspect his full connivance with Qasim International Container Terminal (QICT) CEO Junaid Zamir in the whole scam. Credible source has provided Customs Today ... Read More »

PQA’s Asad Chandna, QICT’s Junaid Zamir work hand in glove to bleed importers?

Chandna 1

KARACHI: The Qasim International Containers Terminal (QICT) at Port Qasim is allegedly looting and bleeding the genuine importers of Pakistan. Importers question complicity of Port Qasim Authority’s chairman Asad Rafi Chandna and QICT CEO Junaid Zamir in country’s biggest demurrage and detention scam. Importers claim that these high-ups of PQA and QICT work hand in glove to allow illegal activities ... Read More »

NAB’s awareness, prevention & enforcement policy remains successful

NAB PIC

ISLAMABAD: Honorable Justice Mr. Javed Iqbal, Chairman NAB reviewed latest progress on NAB’s Awareness, Prevention and Enforcement policy on ”OUR FAITH-CORRUPTION FREE PAKISTAN” at NAB headquarters. The Chairman NAB said that NAB is mandated to carry out Awareness and Prevention functions against corruption in pursuance of Section 33C of National Accountability Ordinance (NAO). He said that NAB’s awareness, prevention and ... Read More »

FIA summons Port Qasim Authority officer, Asad Chandna role in demurrage mega scam case under question

Chandna 1

KARACHI: The Federal Investigation Agency (FIA) has taken up the issue of illegal demurrage and detention charges taken from importers by terminal operator in connivance with Port Qasim Authority. FIA summoned PQA officer on 7 May, 2019, to ascertain his role in mega demurrage and detention scam case. According to details, Federal Investigation Agency (FIA) Corporate Crime Circle Karachi has ... Read More »

OGDCL scraps $5,600,000 worth contract for hiring of rigs after Customs Today coverage

OGDCL

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) has now scrapped USD $5,600,000 worth contract which was earlier awarded to a Chinese company – CNPC (Chuanqinq Drilling Engineering Company Ltd.) – for hiring of rigs allegedly in violation of PPRA rules, said sources. Customs Today raised this issue and reported that the contract worth USD $5,600,000 was awarded to CNPC ... Read More »

NAB Chairman’s “accountability for all” policy gets full support of nation

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  LAHORE: NAB under the dynamic leadership of Honorable Justice (retired) Javed Iqbal, Chairman NAB is absolutely committed to root out corruption from country with iron hands with the realization of through professionalism, transparency and on merit as per law. Today, eradication of corruption and logical conclusion of mega corruption cases is the top most policy of NAB. NAB strongly ... Read More »

FIA proceeds on KICT demurrage scam case

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KARACHI: The Federal Investigation Agency (FIA) has taken up the issue of illegal demurrage and detention charges taken from importers by the KICT. According to details, Federal Investigation Agency (FIA) Corporate Crime Circle Karachi has launched the enquiry of issue of blackmailing and cheating by the KICT by issuing Letter# FIA/CCC/K/ENQ-92/2018/2661-62 and Letter# FIA/CCC/K/ENQ-92/2018/2990-91 in this regard. At least 30 ... Read More »

Two fraud accused appointed National Bank of Pakistan directors

NBP

LAHORE: In a shocking development, the government has appointed two directors to the board of the National Bank of Pakistan (NBP), who are allegedly facing trials for fraud of billions of rupees. Reportedly, Imam Bakhsh Baloch, who has been appointed as director of the National Bank of Pakistan board by the government, is allegedly facing a whooping Rs2.5b fraud in ... Read More »

Supreme Court hears case on NAB’s voluntary return rules

Supreme Court

ISLAMABAD: A Supreme Court bench on Thursday heard a case on the voluntary return rules of the National Accountability Bureau (NAB). Three-member bench headed by Justice Sheikh Azmat Saeed heard the case. Justice Azmat Saeed observed during the hearing that one of the questions to be decided is whether to discuss the previous decisions or not and another issue is ... Read More »

NAB arrests Iqbal Noori Director of M/s Parthenon Pvt Ltd involved in corruption

nab

RAWALPINDI: National Accountability Bureau (NAB) Rawalpindi arrested accused Muhammad Iqbal Khan Noori, Director of M/s Parthenon Pvt Ltd in case of investigation against the holders of public office, legal persons and others in fake bank accounts scam regarding corruption and corrupt practices in extending of loan and its misappropriation by front company M/s Parthenon Private Limited of M/s Park Lane ... Read More »