Pakistan News

    Sbi Bank Auction Properties In Hyderabad

  • Doing business in Sindh to get easier: SBI

    KARACHI: World Bank (WB) Country Director Patchamuthu Illango has said that Pakistan needs to create two to three million new jobs every year, which would require 8 per cent economic growth per annum...

    He was speaking at the ‘Sindh Doing Business Reforms’ exhibition organised by the Sindh Board of Investment (SBI) on Thursday...

  • NAB moves court for auction of Dar’s properties

    ISLAMABAD: The National Accountability Bureau (NAB) has moved the accountability court for the auction of movable and immovable properties owned by Ishaq Dar since the former finance minister is absconding in the reference related to his ‘assets beyond means’...

    NAB special prosecutor Imran Shafique filed an application before accountability court Judge Mohammad Bashir, seeking the appointment of a receiver and the issuance of orders...

  • Court seizes slain Taliban chief’s properties for auction

    KARACHI: Afghan Taliban chief Mullah Akhtar Mansour’s five properties, estimated to be worth over Rs32 million and purchased by him in Karachi by using fake identities, have been taken over by the anti-terrorism court for auction, sources told Dawn on Thursday...

    Mullah Mansour, who was killed in a drone strike along the Pakistan-Iran border on May 21, 2016, had purchased five properties, including plots and houses, in Karachi...

  • 100 Pakistanis own properties in Dubai, FIA tells NA body

    ISLAMABAD: The Federal Investiga­tion Agency (FIA) on Thursday presented a list of 100 Pakistanis who own properties in Dubai to a sub-committee of the National Assembly Standing Committee on Finance, but no government agency has been able to ascertain whether they had complied with regulatory requirements or obtained the assets through illegal means...

    The sub-committee discussed reasons for the failure of government functionaries to...

  • NAB team to leave for London to collect evidence of Sharif properties

    LAHORE: A team of the National Accountability Bureau (NAB) is likely to leave for London in a couple of days to collect evidence there of properties belonging to the Sharif family...

    NAB Deputy Prosecutor General Chaudhry Khaliquz Zaman told Dawn that since Mr Sharif’s sons had been declared proclaimed offenders, their properties in Pakistan would be attached...

  • NAB team in London to probe Sharifs’ properties

    LAHORE: A National Accountability Bureau (NAB) team arrived in London on Wednesday to record statements of some ‘important witnesses’ and collect evidence of the Sharif family’s Avenfield properties...

    “During its stay [in London] the team will contact the UK authorities to seek reply to its queries regarding the Sharif family’s Avenfield properties...

  • Indian police raid NDTV founder’s properties

    NEW DELHI: India’s federal investigating agency — CBI — raided the properties of NDTV founder Prannoy Roy on Monday over an alleged loan default, and the news channel called it a witch-hunt...

    Reports said CBI sleuths searched the office and homes of Prannoy Roy and his wife Radhika in connection with an “alleged bank fraud”...

  • Where did funds for properties in KSA, London, and Dubai come from: SC judges ask PM's lawyer

    86 million, and opening two bank accounts under the names of Sikandar Masood Qazi and Talat Masood Qazi for Nawaz Sharif's brother...

    During his arguments on Wednesday morning, Harris said that according to the laws of the National Accountability Bureau (NAB), "an individual cannot be held accountable for the properties and assets that are in the name of his wife and children...

  • JIT grills Hussain Nawaz about London properties

    ISLAMABAD: The joint investigation team (JIT) probing the Panama Papers case on Tuesday questioned the prime minister’s son, Hussain Nawaz, to establish the money trail of his London properties...

    The JIT also recorded the statement of National Bank of Pakistan (NBP) Chief Executive Officer Saeed Ahmed...

  • DHA again told to attach Musharraf’s properties

    KARACHI: A sessions court directed the Defence Housing Authority (DHA) again on Tuesday to confiscate properties of retired Gen Pervez Musharraf over his extended absence in a high treason case...

    On the directive of the south district and sessions judge, a court official (Nazir) wrote a letter to the DHA administrator last week, asking him to attach four properties owned by the former military ruler within the jurisdiction of the...

  • Proposal for fixing values of properties

    ISLAMABAD: A high-level meeting will be convened on Monday to consider various proposals, including amnesty scheme for determining fair market value of immovable properties across the country to raise revenue from the sector...

    In the budget 2016-17, the government has introduced an amendment in the income tax law that the fair market value of any property to maximise capital gains tax will be determined by a panel of approved valuers...

  • Properties of fraudster confiscated

    PESHAWAR: The National Accountability Bureau has frozen more properties worth millions of rupees of an accused in a multi-billion scam...

    The NAB Khyber Pakhtunkhwa Director General Shahzad Saleem issued the order of freezing of certain properties of Afzal Khaliq alias Double Shah of AK Forex Private Limited Wah Cantonment, according to a press release...

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