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Author Archives: CT Report

President Alvi asks NAB to plug financial leakages

President Dr Arif Alvi 1

ISLAMABAD: President Dr Arif Alvi has urged National Accountability Bureau (NAB) to plug financial leakages to execute the dream of a pro-people ‘Naya Pakistan’. He was addressing a seminar held at the Presidency to commemorate the International Anti-Corruption Day. Others who spoke at the event included NAB Chairman Javed Iqbal, who said the bureau had always been disliked for its ... Read More »

Case can be filed against PM’s sister if evidence found: Shahzad

Shahzad Akbar

ISLAMABAD Special Adviser to Prime Minister on Accountability Shahzad Akbar has said that if any evidence is found then Aleema Khan can face a money laundering case. In an interview with a private TV channel, Akbar said if the opposition has any proof against the prime minister’s sister then they should give it to the National Accountability Bureau. “In case ... Read More »

NAB finds approver against ex-PM Pervez Ashraf in rental power case

Raja Pervez Ashraf

RAWALPINDI: The National Accountability Bureau (NAB) has decided to file an interim reference against former prime minister Raja Pervez Ashraf in a rental power case. The accountability watchdog has found an approver against Mr Ashraf. The manager of Sahiwal-Multan project Rana Amjad has agreed to testify against the former prime minister. The accountability court has approved NAB’s request to include ... Read More »

Punjab govt likely to impose ‘garbage tax’


LAHORE: The Punjab government is likely to impose the garbage tax on the residents of four districts of the province including Lahore. The provincial government is considering suggestions to collect around Rs100 to 1,000 per month after taking approval from the cabinet division. Four districts in Punjab, including Lahore, are under a debt of Rs46.85 billion. The Lahore Waste Management ... Read More »

NAB to grill PTI senior minister, senator in Malam Jabba land case


PESHAWAR: The National Accountability Bureau (NAB) in Khyber-Pakhtunkhwa (KP) has summoned Minister for Youth Affairs, Culture and Tourism Atif Khan and Pakistan Tehreek-e-Insaf (PTI) senator Mohsin Aziz for their alleged involvement in leasing out land in Malam Jabba area of district Swat. According to NAB sources, the two have been summoned on December 14 where they will be questioned about ... Read More »

PM Imran, businessmen agree to enhance tax base

Imran Khan 32JPG

ISLAMABAD: Prime Minister Imran Khan and business community of Karachi have agreed to expand tax base and increase the use of Information Technology in the stock market. This was decided in a meeting between the prime minister and a delegation of the Pakistan Stock Exchange (PSX) led by its chairman Sulaiman Mehdi in Karachi. The delegation included officials and stockbrokers ... Read More »

FBR seeks detail of ‘undisclosed assets’ from Akram Sheikh


ISLAMABAD: After withdrawal of its earlier order about freezing bank accounts, the Federal Board of Revenue (FBR) has sought explanation from noted lawyer Akram Sheikh over non-disclosure of his property in wealth statement of 2017. According to the notice, “This office (FBR) is in possession of definite information, your deemed assessment order by the operation of law u/s 120 of ... Read More »

Govt should promote business friendly atmosphere: SCCI


SIALKOT: Sialkot Chamber of Commerce and Industry (SCCI) has stressed upon the need of promotion of the non-traditional export products in the traditional markets, urging the government  to promote the business friendly atmosphere, besides, assuring the continuity of the trade policies. Addressing an important meeting of Sialkot  exporters held here, the SCCI Senior Vice President Waqas Akram Awan said that ... Read More »

Govt to address key issues of business community: Ali Nawaz Awan

Pic-Dec-03-18 (2)

ISLAMABAD: Ali Nawaz Awan, Special Assistant to Prime Minister on CDA Affairs said that the business community was playing important role in the development of the local economy and steps would be taken to address their CDA related issues. He said this while talking to a delegation of Islamabad Chamber of Commerce & Industry (ICCI) that called on him led ... Read More »

Allocation of idle LNG capacity to private sector can save $100m


Karachi : Pakistan, which is considering renegotiating liquefied natural gas (LNG) import tariffs and terminal charges to make them cost-effective, can immediately cut the cost by over $100 million per annum by allocating idle import capacity to the private sector. The country can save the cost much before renegotiating LNG agreements with suppliers and domestic import terminal operators. “Pakistan can ... Read More »

NAB Rawalpindi summons Asif Zardari, Bilawal Bhutto on 13th


  RAWALPINDI: The National Accountability Bureau (NAB) has summoned former president Asif Ali Zardari and Pakistan Peoples Party Chairman Bilawal Bhutto Zardari amid an inquiry into irregularities in Park Enclave housing scheme on December 13. The PPP chief and former president has been summoned as a shareholder of the private company . Farhatullah Babar the party spokesperson, also confirmed receiving the ... Read More »

FBR remembers late Lahore DGTR Dy Director Modassar Tirmizi


ISLAMABAD: The Federal Board of Revenue (FBR) has expressed deep regret over the sad demise of Modassar Ahmad Tirmizi, a BS-18 officer of Pakistan Customs Service. Modassar Tirmizi was born on April 01, 1978 and joined the government service on July 28, 2003. At the time of his death, the officer was posted as Deputy Director, Directorate of Training & ... Read More »

Suspension period of Assistant Commissioner-IR Saleem extended


ISLAMABAD: The suspension period of Saleem Hussain, a BS-17 of Inland Revenue Service, has been extended for a period of three months. In continuation of Board’s Notification No. 1409-IR-I/2018 dated 27-07-2018, the suspension period of the officer, presently posted as Assistant Commissioner-IR, Regional Tax Office, Sahiwal, has been extended with effect from October 27, 2018. Read More »

Customs Inspector Ibrar’s performance allowance restored

FBR 11

ISLAMABAD: The performance allowance of Ibrar Hussain Kazmi, presently posted as Inspector at Model Customs Collectorate, Islamabad, which was discontinued due to his deputation with Federal Investigation Agency (HQ), Islamabad, has been restored. The performance allowance of the officer was discontinued with effect from October 20, 2015 to March 20, 2018, has been restored on rejoining his duty on March ... Read More »

NAB court sends ex-chief of Lahore Parking Company to jail


LAHORE: An accountability court on Saturday sent Lahore Parking Company’s (LPC) former chief Hafiz Nauman to jail on judicial remand in connection with a scam. Earlier, National Accountability Bureau (NAB) officials produced Hafiz Nauman before Accountability Court Judge Syed Najamul Hassan on expiry of physical remand term. NAB prosecutor Waris Ali Janjua submitted that investigations had been completed from the ... Read More »

NAB court jails former NICL chairman, five others for embezzlement


KARACHI: An accountability court in Karachi on Saturday sentenced the former chairman of National Insurance Company Limited (NICL) Ayaz Khan Niazi and five other people to seven years in prison for their involvement in a corruption case. The convicts were also declared unfit to hold any public office for 10 years. Apart from Niazi, the other convicts are Amin Qasim ... Read More »

Yaser Husaain takes charge as Deputy Commissioner-IR


ISLAMABAD: Yaser Husaain Bhutto, an officer of Inland Revenue Service, has assumed charge as Deputy Commissioner-IR. The officer, in pursuance of Board’s Notification No. 2258-IR-I/2018 dated 06-12-2018, relinquished the charge of the post of Deputy Commissioner-IR, (IRS/BS-18/on acting charge basis) Corporate Regional Tax Office, Karachi with effect from December 6, 2018 and took the charge of the post of Deputy ... Read More »

Zulfi Bukhari records statement to NAB

Zulfi Bukhari 1

RAWALPINDI: Assistant to the Prime Minister on Overseas Pakistanis Syed Zulfiqar Abbas Bukhari has recorded his statement before the National Accountability Bureau (NAB) in Rawalpindi in a case pertaining to allegedly owning offshore companies in British Virgin Islands. NAB authorities probed Bukhari for an hour. Speaking to media, Zulfi Bukhari maintained that he has not offered to tender his resignation ... Read More »

Mussarat Ullah takes charge as Additional Commissioner-IR


ISLAMABAD: Mussarat Ullah Khan, a BS-19 officer of Inland Revenue Service, has assumed charge as Additional Commissioner-IR. The officer, in pursuance of Board’s Notification No. 2177-IR-I/2018, dated 26.11.2018, relinquished the charge of the post of Additional Commissioner-IR, Regional Tax Office-II, Karachi with effect from November 29, 2018 and took the charge of the post of Additional Commissioner-IR, Regional Tax Office, ... Read More »

SC asks FIA to block fake social media account of CJP

Mian saqib

ISLAMABAD: The Supreme Court on Saturday rejected reports regarding the Chief Justice of Pakistan Justice Saqib Nisar having any social media account. According to a press release issued by the SC, the chief justice of Pakistan does not have any social media account and that the Twitter account under his name is fake. The SC said, “It is clarified that ... Read More »