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NAB sends 161 well-known cases to the department of anti-corruption

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As a result of recent modifications that the Supreme Court upheld, the National Accountability Bureau (NAB) has moved 161 well-known cases to the Anti-Corruption Department.

Key department officers from the Board of Revenue, Department of Agriculture, Department of Works and Services, Department of School Education, Department of Excise, and Karachi Development Authority (KDA) are among the officers involved in the transferred cases.

In addition, there are allegations against officials from the Sindh Solid Waste Management Board, Sindh Building Control Authority, Health Department, Public Health Engineering Department, and Local Government Department.

These high-profile cases will now be investigated by the Anti-Corruption Department as a result of this transfer. The NAB was forced to turn over these cases to the appropriate provincial authorities as a result of the Supreme Court’s decision to reinstate the NAB modifications.

Requests for documents from the pertinent departments have already been made by the Anti-Corruption Department, starting the process. Soon, the police involved in these situations should be receiving notices.

After the National Accountability Bureau (NAB) statutes were recently amended and affirmed by the Supreme Court, former prime minister Imran Khan also requested relief in the 190 million pounds case on September 7. By means of his legal team, the PTI founder has now filed his first acquittal petition.

Response to the NAB reference on financial misconduct allegations was filed through the petition.

After the federal government’s intra-court appeal against the amendments’ nullification was approved on September 6, the Supreme Court reinstated the changes made to the National Accountability Bureau (NAB) law. The ruling reversed the previous ruling of a two-member bench that had declared the modifications unlawful. The five-member bench was led by Chief Justice of Pakistan (CJP) Qazi Faez Isa.

Chief Justice Isa delivered the decision on behalf of the unanimous court. Declaring that constitutional institutions should respect each other’s mandates, the Supreme Court ruled that Pakistan Tehreek-e-Insaf (PTI) Founder Imran Khan was unable to establish that the revisions to the NAB ordinance were unconstitutional.

“The chief justice and Supreme Court judges are not the gatekeepers of parliament,” the judgement noted.

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Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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