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Author Archives: Asad Kharal

FIA proceeds on KICT demurrage scam case

KICT cartoon

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 »

OGDCL allegedly awards purchase order to a Chinese company without publishing tender, pre-qualifying companies

OGDCL

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) has awarded USD $5,600,000 worth contract to a Chinese company CNPC (Chuanqinq Drilling Engineering Company Ltd.) for hiring of rigs allegedly in violation of PPRA rules, said sources. Surprisingly, recently OGDCL top management has been appearing in National Accountability Bureau (NAB) to clear their position in various inquiries/investigations initiated by corruption watchdog ... Read More »

Court dismisses petition filed by M/s Omni Group against CEO Customs Today Asad Kharal

irelandcourt

KARACHI: Additional Sessions Judge No 9 Karachi South Fateh Mobeen Nazam reportedly dismissed petition filed by M/s Omni Group against Chief Editor and Chief Executive Officer (CEO) of Customs Today Asad Kharal. According to the details, a program aired on 29 January 2016 on ARY titled “Kab Tak” in which Asad Kharal allegedly highlighted various corruptions committed by M/s Omni ... Read More »

NAB authorises inquiry against Maersk, QICT, SRB in multi-billion scam case

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KARACHI: The National Accountability Bureau (NAB) has authorised inquiry against officials of Sindh Revenue Board, QICT and M/s Maersk Pakistan (Pvt) Ltd in country’s biggest shipping scandal involving 400 billion rupees. The NAB received the complaint with subject: Building dams by recovering losses of more than Rs 400 billion from officials of port terminals like Qasim International Container Terminal (QICT) ... Read More »

WHO IS RESPONSIBLE FOR MEDIA INDUSTRY CRISIS: GOVERNMENT OR OWNERS OF MEDIA HOUSES?

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LAHORE: Is the government responsible for the crisis in the media industry. Why the newspapers and TV channels are not receiving advertisement? Why was Midas Advertising Agency Chairman Inam Akbar arrested? Facts are revealed by senior analysts, journalist organisations and people affiliated with the advertisement industry. Senior journalist and owner of the Pakistan Today newspaper Arif Nizami says the National ... Read More »

Navy thwarts Indian submarine attempt, Port Qasim prone to incursion

submarine

KARACHI: The Pakistan Navy (PN) thwarted an attempt by an Indian submarine to enter Pakistani territorial waters. But it is likely they could attack Karachi city and especially Port Qasim after two Indian Air Force MiG 21 aircraft were shot down by Pakistan Air Force, sources said. A section of media reported this morning that the Pakistan Navy thwarted an ... Read More »

Fearing arrest, two Indian spies flee Pakistan Port Qasim

Indian spies RAW

KARACHI: In a latest but crucial development, two Indian ‘spies’ have fled from Pakistan’s Port Qasim who were illegally appointed at the port through a holding company of the QICT without the approval of the Ministry of Interior. Experts say these spies were working at the QICT to run their network like Kulbhushan Jadhav who was caught by Pakistani Army ... Read More »

India’s unfavourable domestic politics, mishandling of Kashmir issue led to Pulwama attack

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KARACHI: India’s growing distress over unfavourable domestic political dynamics, failed strategy towards Kashmir issue, freedom struggle and regional developments in favour of Pakistan have led to the premeditated Pulwama attack on 14.2.2019. Indian Prime Minister wants to use anti-Pakistan card in general elections 2019 as his party was fast losing ground in several states. Soon after the occurrence of Pulwama incident; ... Read More »

ECC directs to form committee to ensure prompt clearance at ports after Customs Today coverage

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ISLAMABAD: Customs Today has been raising the issue of delay in clearance process at Karachi ports since last several years and finally the Economic Coordination Committee in its meeting directed the formation of a committee headed by Minister for Ports & Shipping Ali Haider Zaidi to bring up proposals for prompt and efficient cargo clearance at ports. According to details, ... Read More »

NAB Karachi arrests Agha Siraj Durrani; several politicians, corporates’ fate hangs in balance

Agha Siraj Durrani

ISLAMABAD: The National Accountability Bureau (NAB) on Wednesday arrested Sindh Assembly Speaker Agha Siraj Durrani. After arrest of former ports and shipping minister Kamran Michael, Customs Today had reported a few days ago on 16 February that the Bureau would arrest senior politicians soon. According to details, NAB has accused him of illegal appointments, misuse of power, misappropriation of funds ... Read More »

NAB interrogates Kamran Michael, authorises inquiries against senior politicians

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ISLAMABAD: The National Accountability Board (NAB) authorised 13 inquiries against various personalities, including former MNA Ghulam Rabbani Khar and his daughter Hina Rabbani Khar, authorized 3 investigations against former PM Ch. Shujaat Hussain and former Punjab CM Ch. Pervaiz Elahi and started interrogation against former ports and shipping minister Kamran Michael over allegations of corruption and misuse of authority. Chairman ... Read More »

65 officials of QICT, Maersk NABed in Rs 610 billion inquiry

junaid zamir

KARACHI: The National Accountability Bureau (NAB) in its Regional Board Meeting (RBM) has authorised inquiry to ascertain role of 65 officials of QICT and M/s Maersk Pakistan (Pvt) Ltd in country’s biggest Ports & shipping scandal involving 610 billion rupees. As per the complaint received by the NAB, the nexus of some Customs staff, port terminals like QICT along with ... Read More »

NAB authorises inquiry against Sohail Shams in demurrage mega scam case

sohail shams

KARACHI: NAB Regional Board authorized inquiry against CEO of United Marine Agency Sohail Shams and management of KMTC in a mega detention scam worth billions. Sources said these officials of shipping lines and their agents with the help of some senior customs officials are robbing businessmen to the tune of Rs 15 billion per year. Innocent importers of Pakistan get ... Read More »

Sohail Shams, Adil Khan NABed in detention charges mega scandal inquiry

sohail shams

KARACHI: NAB Regional Board authorized inquiry against CEO of United Marine Agency Sohail Shams and management of KMTC, Pacific International Lines (PIL) and M/s Pacific Delta Shipping (Pvt) Ltd in a mega detention scam worth billions. Sources said that main beneficiary of the Pacific Delta Shipping is Adil Khan and he is also key planner of mega scam of detention ... Read More »

NAB asked to probe Maersk, PIL, Pacific Delta in multi-billion demurrage & detention scam

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KARACHI: The National Accountability Bureau (NAB) has received an application against M/s Maersk Pakistan (Pvt) Ltd and also against Pacific International Lines (PIL) and its agents in Pakistan, M/s Pacific Delta Shipping (Pvt) Ltd in a mega scam of demurrage and detention worth billions. The complaint received by the NAB demanded legal action for recoveries of amounts looted and recovering losses of Rs. ... Read More »

Illegal control of QICT by Indians without MOI clearance poses high security threat

Sultan Ali soomar

KARACHI: Illegal appointment of Indians at Pakistan’s strategic sea port Qasim International Containers Terminal (QICT) without the Ministry of Interior’s (MOI) clearance could pose security threat to the country. Indians are spying on the QICT as it is controlled by M/s DP World Group with 75% shares and, many of the management staff and directors of board are Indian nationals. ... Read More »

FIA asked to recover billions from PIL, Pacific Delta in demurrage & detention scam

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KARACHI: The Federal Investigation Agency (FIA) has received an application against Pacific International Lines (PIL) and its agents in Pakistan, M/s Pacific Delta Shipping (Pvt) Ltd in a mega scam of demurrage and detention worth billions. The complaint received by the FIA demanded legal action for recoveries of amounts looted and recovering losses of Rs. 610 billion to the national exchequer per year ... Read More »