Tag: Scam

ISLAMABAD - The special parliamentary committee probing National Assembly Employees Cooperative Housing Society (NAECHS) scam has recommended termination of two top officials of the National Assembly Secretariat from service for their involvement in NAECHS scam.
These sacked officers, Deputy Secretary Tariq Ayub Khakwani and Joint Secretary Shahid Jilani, were already under suspension, Pakistan Today learnt reliably.
The special committee gave these recommendations in its

ISLAMABAD - The Federal Investigation Agency (FIA) informed the Supreme Court on Tuesday that it had detected fake accounts opened by Muhammad Maalik, manager of Moonis Elahi's Al-Tahoor Company.
A four-member bench comprising Chief Justice Iftikhar Muhammad Chaudhry, Justice Muhammad Sair Ali, Justice Ghulam Rabbani and Justice Khalilur Rehman was hearing a suo motu case against alleged corruption of over Rs 5 billion in the National Insurance Company (NICL) affairs. FIA

ISLAMABAD - Hearing a petition against the Railways land scam, allegedly worth more than Rs 25 billion, the Supreme Court on Monday directed the remaining respondents to furnish their replies within three days.
A four-member bench of Chief Justice Iftikhar Muhammad Chaudhry, Justice Muhammad Sair Ali, Justice Ghulam Rabbani and Justice Khalilur Rehman Ramday said its short order that "as far as the remaining respondents who have not submitted replies are concerned, ordinarily the

ISLAMABAD - A four-member Supreme Court bench will resume hearing today over Pakistan Railways land leasing in Lahore at a meager price, causing Rs 25 billion loss to the national exchequer.
The court will examine the replies of three retired generals including former Inter Services Intelligence chief Javed Ashraf Qazi, Lt Gen (r) Saeeduz Zafar and Maj Gen (r) Hamid Hassan Butt, who administered the Pakistan Railways in 2001, and are allegedly involved in the Rs 25 billion

KARACHI - The Pakistan People's Party (PPP) government has decided to avoid becoming a part of any controversy with the Supreme Court (SC) over the National Insurance Company Limited (NICL) scam after a Federal Investigation Agency investigation linked a federal minister and officials of the Commerce Ministry to the case.
Sources told Pakistan Today that the government has given the green signal to the FIA officials to arrest FIA DG Waseem Ahmed and other influential

KARACHI - Clues have been found that link not only some officials of the Federal Commerce Ministry, but its minister to the National Insurance Company Limited (NICL) scam as well.
Sources in the Federal Investigation Agency (FIA) told Pakistan Today they have found clues suggesting that some bureaucrats and the minister, Amin Fahim might be involved in the high-profile case in which it was alleged that the NICL management had committed misappropriation of up to Rs 5.36 billion in

LAHORE - As the National Insurance Company Limited (NICL) land purchase scam investigation is moving ahead in the Supreme Court, the Chaudhry brothers are panicking and their fright at surfacing of solid evidences against their blue-eyed political successor of involvement in fraud of billions of rupees is natural, a Pakistan Muslim League-Nawaz (PML-N) spokesman said on Friday.
The spokesman advised the Chaudhrys to refrain from levelling allegations against the PML-N and worry

LAHORE - At-Tahur Co Manager Muhammad Maalik has not implicated any politician in the National Insurance Company Limited (NICL) land purchase scam, Pakistan Muslim League-Quaid (PML-Q) Information Secretary Kamil Ali Agha said on Friday. Revealing Maalik's court statement, he said that a slander campaign has been initiated against PML-Q Member of the Provincial Assembly (MPA) Chaudhry Moonis Elahi for implicating him in the NICL scam.
Agha said that it has been reported that

LAHORE - Justice Mazahar Ali Akbar Naqvi of the Lahore High Court on Wednesday adjourned for February 2 hearing of bail petitions of six accused of National Insurance Corporation Limited (NICL) scam including Major (retired) Habibullah Warraich.
The judge adjourned the hearing on the request from counsel for federal investigation agency (FIA) which sought time for submitting reply in the matter. On previous hearing the court had issued notice to FIA on bail petitions as it was

ISLAMABD - The Federal Investigation Agency (FIA) team probing into Tawana Pakistan project scam has implicated famous actor Firdous Jamal in its investigation, Pakistan Today learnt on Tuesday.
"Tawana Pakistan project management had paid Rs 20 million for media campaign of the project to a private company owned by Firdous Jamal," a senior FIA official told Pakistan Today. He said that Firdous Jamal allegedly misappropriated public money in connivance with the Tawana Pakistan

ISLAMABAD - Prime Minister Syed Yousaf Raza Gillani on Monday ordered an immediate inquiry into the news reports about the Foreign Ministry's visa scam alleging the involvement of ministry's officials in the issuance of introductory letters to unauthorised people for obtaining visas for different countries.
Foreign Secretary Salman Bashir also regretted the press reports on alleged visa scam and said a formal inquiry had been ordered into the allegations. He added that it was

ISLAMABAD - The government on Saturday said an inquiry had been ordered into a scam regarding issuance of visas by foreign missions on basis of recommendations made by the officials in those offices.
Foreign Office spokesman Abdul Basit said in a statement that the Foreign Office had instituted a formal inquiry into allegations regarding the visa scam. He said, "The findings would be shared." Basit, however, called a media report regarding the visa scam "rather sensational" and

LAHORE - The Lahore High Court on Thursday issued notice to SECP, owners of UBL and others respondents in a petition challenging the sale of UBL with unlawful clarification of Security and Exchange Commission of Pakistan that caused huge financial loss to 29,000 small shareholders of the bank across the country.
The court in its order further directed that that purchase/ acquisition of UBL shares by Bestways Group from Abu Dhabi Group, if conducted, will be subject to final

LAHORE - An accountability court on Thursday handed over Aman Ullah Sahi, an accomplice of scam accused Syed Sibt-ul-Hassan Gillani alias Double Shah, to NAB on physical remand till February 4.
Aman Ullah Sahi is co-accused in what is regarded as the biggest financial scam in the history of Pakistan.
They would offer public at large to invest in the 'schemes' run by Double Shah, who said the investors could double their money in 75 days. The accused had received over Rs

LAHORE - An accountability court on Wednesday directed the National Accountability Bureau (NAB) to freeze the bank accounts of the accused in the Bank of Punjab (BoP) loan scam, including former president Hamesh Khan, Shoaib Qureshi and Haroon Aziz, along with two directors of Haris Steel Mills, Sheikh Afzal and Sheikh Munir.
The court also directed NAB to take the property of accused into its possession. The court issued the orders on an application by NAB through prosecutor

ISLAMABAD - Pakistan Muslim League-N on Saturday asked President Asif Ali Zardari to clarify his position in Augusta submarines scandal.
"The document produced in the French court which alleged President Zardari for taking 50 million Euros commission in Augusta submarines scandal has brought shame for the whole nation.
President Zardari should come forward to clarify his position in the scam," said PML-N Central Leader Ahsan Iqbal in a statement issued here.
He said

ISLAMABAD - The Supreme Court on Thursday sought a reply from three retired army generals over leasing Pakistan Railways land in Lahore for a meager sum, causing a loss of over Rs 25 billion to the government.
A three-member bench of Chief Justice Iftikhar Muhammad Chaudhry, Justice Ghulam Rabbani and Justice Khalilur Rehman Ramday also warned the generals that if they failed to reply, the allegations leveled against them would be considered to be correct. Former ISI chief Javed