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1-10 results from 1000 for query «million»

December 9, 2018 1:28 PM Pakistani expats contribute Rs1 billion for dams fund: SBP

ISLAMABAD: The overseas Pakistanis have so far contributed around Rs.1 billion to 'The Supreme Court of Pakistan and the Prime Minister of Pakistan Diamer-Bhasha and Mohmand Dams Fund', State Bank of Pakistan (SBP) data reveals. According to the SBP, as of December 06, around Rs 8.46 billion have so far been deposited by the local as well as expatriate

December 9, 2018 12:00 AM FFF announce profit for fifth straight year

PARIS: The French Football Federation (FFF) announced on Saturday a fifth successive year of profit with their accounts up by 821,000 euros ($935,000) for the season 2017-2018. Their annual financial report, which concluded on June 30, showed a 9,000 euros ($10,2000) increase compared to the previous year. The association’s yearly income grew from 236.45m euros

December 9, 2018 12:00 AM ‘Cotton import of 4.5mln bales needed’

KARACHI: Pakistan needs to import around 4.5 million cotton bales, which would have more pressure on the vulnerable economy, Karachi Cotton Brokers Association official said in a meeting. Naseem Usman, chairman of the association, expressed concern over declining cotton production in the country. At the time of independence of Pakistan, cotton production

December 9, 2018 12:00 AM Peru calls on region to sever ties with Venezuela

LIMA: Peru said Friday it will urge the so-called “Lima Group” of countries to cut diplomatic ties with Venezuela and issue travel bans against all top officials in President Nicolas Maduro’s government. The 14-member regional group refuses to recognize Venezuela’s May elections, in which Maduro won a new six-year term in a vote marred by irregularities

December 9, 2018 12:00 AM NICL scandal: Seven-year-jail each for ex-chief, five others

KARACHI: An accountability court on Saturday announced its verdict in the NICL mega land scam case and sentenced six, including former chairman Ayaz Khan Niazi, to seven years each in jail. The court also barred the six convicts from holding any public office for 10 years each. The scandal pertains to financial embezzlement by former chairman National

December 8, 2018 8:05 AM NICL scam: Ayaz Khan Niazi, five others gets seven years in jail

KARACHI: An accountability court on Saturday convicted six people in the National Insurance Corporation Limited (NICL) land scam case. According to Geo News, former Chairman of NICL Ayaz Khan Niazi and five other men were sentenced to jail term seven years each. The convicts have also been disqualified from holding public office for 10 years in a case pertaining 1

December 8, 2018 12:00 AM ‘Anti graft institutions be strengthened to bring money back’

SUKKUR: There is a need to strengthen NAB and other anti graft institutions to repatriate the money taken away from Pakistan and stashed abroad. This was stated by Justice(retd) Ali Aslam Jafferi while addressing a seminar ‘Corruption Free Pakistan’ at the IBA University, Sukkur. The seminar marked the International Anti-Corruption Week on Thursday

December 7, 2018 12:00 AM SECP ex-chief Hijazi receives Rs11.5 million of terminal benefits

ISLAMABAD: The suspended chairman of the Securities and Exchange Commission of Pakistan (SECP), Zafar Hijazi had received Rs11.5 million as final settlement of terminal benefits on completion of three-year term, government audit revealed. Auditor General of Pakistan’s report raised objections on the payment of Rs7.733 million as terminal benefit and Rs 2.7 million

December 5, 2018 12:00 AM SSP remanded in NAB custody

LAHORE: An accountability court on Tuesday granted to National Accountability Bureau 10-day physical remand of Senior Superintendent of Police (SSP) Rai Ijaz, an accused of embezzling Rs 700 million. NAB officials produced the accused before the court and sought his physical remand to carry out investigation in the case. The NAB informed the court that the accused 1

December 4, 2018 12:00 AM Pakistan Refinery transfers Shell’s 29pc stake to PSO

KARACHI: Pakistan Refinery Limited (PRL) on Monday announced the transfer of around 29 percent of its shares held by British Shell to Pakistan State Oil (PSO), more than doubling the total shareholding of the leading state-owned oil marketing firm in the refinery. Total 84 million class-B shares of Shell Petroleum Company Limited, United Kingdom in Pakistan 1