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NAB concludes its investigation into the Ramadan package corruption case.

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7 months ago

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According to facts, the NAB Executive Board accepted the investigation’s termination, and the Punjab Chief Secretary was also informed of the development.

The investigation turned up significant wrongdoing in the Ramadan package, involving Food Department personnel and several notable lawmakers.

The investigation also found that thousands of wheat sacks had been stolen. Several Food Department personnel were suspended during the investigation, and some faced serious allegations.

Furthermore, the NAB has recommended that the case be referred to the Anti-Corruption Department for further investigation.

The Punjab anti-corruption establishment (ACE) revealed alleged corruption worth millions in the name of flour subsidy under the Ramazan package by mill owners in Rawalpindi.
Cases were filed against flour mills owned by Pakistan Muslim League Nawaz (PML-N) leaders following the conclusion of a Punjab ACE investigation into alleged corruption in flour subsidy payments under the Ramazan relief package.

A case was filed against former PML-N member of provincial assembly (MPA) Chaudhry Riaz, who controlled one of the flour mills implicated in the alleged corruption, while a second case was filed against the mill owner, Shahid Zaheer, another PML-N MPA.

It was discovered that millions of rupees in corruption had been committed through flour subsidies provided under the Ramazan package during the time of former Chief Minister Shehbaz Sharif.

According to the First Investigation Report (FIA), the subsidy was provided for 112,671 metric tons of flour. Thirteen officers from the provincial food department were also named in the investigation.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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6 days ago

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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6 days ago

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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6 days ago

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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