SC orders NAB to ensure safety of Swiss record
A three-member bench headed by Justice Javed Iqbal has ordered the NAB authorities to ensure the safety of the Swiss corruption case record which, according to some news reports, was destroyed.
The Supreme Court also asked the National Accountability Bureau officials to submit the report regarding the latest appointment of prosecutors in [...]
Minister nominates himself for lucrative foreign assignment
Federal Law Minister Babar Awan has nominated himself for an international assignment worth millions of dollars. A former Supreme Court judge and a former attorney general, who had backed the proclamation of emergency of Nov 3, 2007, have also been nominated for the assignment, according to sources.
The law ministry had put the minister’s name at [...]
Surprise Visit turns Plesant for Nation
Prime Minister Yousuf Raza Gilani took on Tuesday a major initiative in what appeared to be an effort to defuse the judicial crisis. He first clarified his Monday statement about the executive order restoring judges, called PML-N chief Nawaz Sharif and later attended a dinner with judges of the Supreme Court. Observers saw the flurry [...]
Loans WriteOffs
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The State Bank informed the Supreme Court on Tuesday that commercial banks had written off loans of up to Rs256 billion of more than 669,000 people over a period of about 40 years.
After taking suo motu notice of press reports that the central bank had quietly allowed commercial banks to write off loans [...]
Committee on Oil Price
The committee of experts constituted by the government on the instructions of Supreme Court to revise the oil pricing mechanism has decided to present a two-point report to the court for guidance, or decision, as all its computations require increase in prices to offset the ‘negative margins’ of refineries.
Members of the committee and representatives of [...]
