Tag: Recover

KARACHI - Sindh Commerce and Industries Minister Rauf Siddiqui on Thursday instructed the Sindh Industrial and Trading Estate (SITE) Ltd to recover outstanding dues of at least Rs 10 million from various private and government departments by March 30.
The directions came in the meeting of SITE officials with the provincial minister, who also ordered the computerisation of all SITE departments so the functioning of the industrial body could be further improved.
Commerce and

KARACHI - The short week saw the local bourse recover after falling to a low of 11,875 points. News pertaining to approval of Margin Trade System (MTS) triggered the recovery. Average daily volume of 74.21 million shares was fairly low compared to the preceding week.
The bullish momentum, observed from the onset of current year, lost its glory after touching an intra day high on Jan 18, 2011 of 12,768 points. The index return depleted to merely 0.16 percent, largely due to a 98

LAHORE - Former captain Moin Khan, who was in the forefront in the defunct Indian Cricket League (ICL), has appealed to the owners of the league to clear outstanding payments of the players.
Moin said that he had also spoken to the FICA chief executive Tim May on this issue but the Pakistani players could do nothing except waiting for the ICL organisers to fulfill their promises at some stage. Moin launched an appeal to the owner of the league, Subash Chandra and said he had also

QUETTA - Quetta police has recovered an eight-year-old boy who was kidnapped for ransom from Quetta two weeks ago. District Inspector General (DIG) Wazir Khan Nasar said this while addressing a press conference at his office on Friday.
He added that unidentified people kidnapped Faisal from Sariab on January 12 and demanded Rs 5 million as ransom from his family. He said a joint team of Central Intelligence Agency (CIA) senior superintendent of police (SSP) and deputy

LAHORE - Police have failed to recover a government-owned Bolan carry van stolen on Friday. According to police sources, the vehicle was allocated to Punjab Public Service Commission (PPSC) employee Nadeem Ghauri and stolen from in front of his residence in Shadbagh.
Police officials revealed that the car was owned by former Lahore Capital City Police officer (CCPO) and PPSC Member Pervaiz Rathore's staff member. Nadeem told police that he had parked the vehicle in front of his

LAHORE: The Federal Investigation Agency (FIA) Punjab will recover the total embezzled money in the National Insurance Company Limited (NICL) scam until December 31, FIA Punjab Director Zafar Ahmed Qureshi said on Tuesday in a press conference at his office.
Qureshi told journalists that FIA Punjab had summoned wife and two daughters of former defence state minister Major (r) Habibullah Warraich to appear before inquiry officers in order to record their statements but Warriach

MIRPURKHAS: Sindh police have failed to find its constable, who went missing six years ago. The constable, Abrar Ahmad, 29, was performing his duty in Umerkot district, when he was first reported missing in 2004. The miserable mother of the missing Abrar told Pakistan Today that he had gone to his work at Shadi Palli police station on Oct 4, 2004 but never returned.
Munni Begum, 70, with tears in her eyes said that when after ten days of wait, he did not return, her other son

LAHORE: Commercial banks are deceiving its credit card debtors through different means, banks' customers told Pakistan Today on Saturday.
They said, bank officials use various means to deceive the defaulters. They would make a phone call to defaulters of credit cards, and ask them to pay the minimum amount, as the bank had decided to offer them settlement, in which case the customers would only need to pay 50 percent or even less of the total amount. The banker would ask