August 2017

ISLAMABAD: The documents and minutes of the meeting of SECP commission’s different meetings, available with The News, have revealed some new facts but the question arises that who is spreading misinformation about Chinese company’s alleged money laundering issue. The commission was not only kept abreast about each and every detail of the case but gave […]

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Panamanian police raided Mossack Fonseca’s HQ in April 2016. Image: Alejandro Bolivar / EPA The Helsinki Administrative Court has ruled that the Finnish Tax Administration cannot force the Finnish Broadcasting Company (Yle) to hand over Panama Papers material. The court declared on Wednesday that the media’s opportunities to gain access to necessary material could be […]

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There are two problems bordering on abomination in my title. First problem: the names, Saraki and Sowore, are appearing in the same sentence. Second problem: Saraki’s name even comes first in the list. If you feel disgusted, even violated, you are right. The names, Saraki and Sowore, should have no business in the same sentence, […]

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Panamanian police raided Mossack Fonseca’s HQ in April 2016. Image: Alejandro Bolivar / EPA The Helsinki Administrative Court has ruled that the Finnish Tax Administration cannot force the Finnish Broadcasting Company (Yle) to hand over Panama Papers material. The court declared on Wednesday that the media’s opportunities to gain access to necessary material could be […]

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Pakistan has launched the first-ever probe against a Chinese firm in a high-profile money laundering case, according to a media report. Securities and Exchange Commission of Pakistan (SECP) on Wednesday forwarded the request to Federal Investigation Agency (FIA) after pressed both by Pakistan and Chinese officials. Dawn reported that the case is among the most […]

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LAHORE: The National Accountability Bureau has summoned three members of the Joint Investigation Team (JIT) constituted by the Supreme Court to probe the offshore holdings of ousted prime minister Nawaz Sharif and his children to record their statements. “At least three of the six-member JIT, including its head Federal Investigation Agency Additional Director Wajid Zia, […]

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The acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has spoken of the challenges being faced in the anti-corruption war, saying a lot is being done to overcome them. Speaking with journalists at a luncheon in Abuja on Wednesday, Mr. Magu said despite the challenges, a lot of successes had been recorded […]

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Islamabad: Cricketer-turned-politician and Pakistan Tehreek-e-Insaf chief Imran Khan has said that he will resign if any statement in his money trail is found to be false. Observing ‘Thanksgiving Day’ to celebrate “Pakistan’s victory against corruption” after the Supreme Court on Friday disqualified Nawaz Sharif as the prime minister, Imran Khan on Sunday promised to implement […]

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LAHORE – Justice Farrukh Irfan, who was heading a three-member bench hearing a plea seeking disqualification of former first lady, has withdrawn from the bench citing personal reasons. Article continues after the advertisement A plea requested the Lahore High Court to disqualify and prohibit Kulsoom Nawaz from contesting NA-120 by-elections was moved by PPP’s nominee […]

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Former Panama Papers case Joint Investigation Team head Wajid Zia recorded his statement with the National Accountability Bureau (NAB) Lahore today in relation to the probe of Sharif family’s assets. Zia, a Federal Investigation Agency Additional Director, headed the five-member JIT made on the Supreme Court’s orders to investigate the offshore properties of Sharifs. Zia […]

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Photo: Joep Poulssen The German authorities are in principle willing to share relevant information about the Panama Papers with the Netherlands, junior finance minister Eric Wiebes has told parliament. According to German media, the German federal crime office BKA paid up to €5m for for the records of the Panamanian law firm Mossack Fonseca which […]

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“I’m proud of my son and the work he is doing,” he responded. Even in Mexico, where state pressure is often delivered with a heavy hand, a president openly attempting to silence a member of one of his most trusted constituencies was seen as exceptional, according to the people who recounted the exchange. The president’s […]

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Lahore:  Pakistan’s ousted Prime Minister Nawaz Sharif today left for London to see his ailing wife Begum Kulsoom amid speculation that he might not return due to the ongoing corruption and money laundering cases against him. Mr Sharif, 67, will spend Eid with his wife and other members of his family in London. He boarded […]

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