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NAB clears Nawaz Sharif in the Toshakhana case

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6 months ago

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According to specifics, the Accountability Court (AC) received a report from the accountability bureau about the Toshakhana reference.

According to the NAB inquiry report, Nawaz Sharif, the leader of the Pakistan Muslim League – Nawaz (PML-N), did not use a fictitious account to pay the money needed to purchase the car from Toshakhana.

The investigation told the court that although the car was turned over to Toshakhana in 1997, Nawaz did not own it at the time of its 2008 purchase.

Furthermore, in the Toshakhana reference, the accountability court has the power to exonerate former prime minister Nawaz Sharif.

It is important to note that in January 2020, the executive board members authorized three references against former premiers Nawaz Sharif and Yousaf Raza Gillani, as well as former president Asif Ali Zardari, regarding the charges during a meeting presided over by Justice Retd Javed Iqbal, who was then the chairman of the NAB.

In addition, a complaint was brought against Anwar Majeed and Abdul Ghani Majeed for failing to pay the taxes on the high-end cars that were imported through Toshakhana.

According to the reference, the former president paid the tax amounts on the opulent cars that were gifts from the UAE and Libya using fictitious bank accounts rather than giving them to Toshakhana.

According to the report, former prime minister Yousuf Raza Gilani extended undue favors to the president, and Nawaz Sharif was permitted to give Asif Zardari the cars during his administration.

It is important to note that the Election Commission of Pakistan disqualified the PTI head for making “false statements and incorrect declaration,” which led to the Toshakhana issue becoming a major political sticking point in the country.

According to Articles 167 and 173 of the constitution, the former premier was determined to have engaged in corrupt activities, according to the ruling. “He will be the target of a criminal investigation for making a false statement.”

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Repatriation of Undocumented Afghans: A Continuous Reunification of 739,668 Afghans

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739,668 people have been repatriated from Pakistan as of October 7, 2024, after they were forced to flee their country. Restitution is still being carried out.

26,622 Afghans, comprising 9,847 men, 7,596 women, and 9,179 children, were returned between September 9 and October 7, 2024.

In addition, as part of the continuous effort to curb illegal immigration, 741 families have been deported in 658 cars.

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PM Condemns Cowardly Attack on Chinese Convoy While Visiting Chinese Embassy in Islamabad

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24 hours ago

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The disgusting plot to harm ties between Pakistan and China would not be accepted at all, according to Prime Minister Shehbaz Sharif.

Prime Minister Shehbaz Sharif promised to personally supervise the inquiry into the terror assault near the Karachi Airport that claimed the lives of two Chinese nationals during his visit to the Chinese Embassy in Islamabad.

The Prime Minister conveyed his profound sadness and anguish over the passing of Chinese nationals to Jiang Zaidong, the Chinese Ambassador to Pakistan, during their meeting.

According to the prime minister, the government’s top concern is safeguarding the lives and belongings of Chinese brethren living in Pakistan.

Shehbaz Sharif reaffirmed his commitment to quickly identify and hold accountable anyone responsible for the event.

On this occasion, the Chinese Ambassador expressed gratitude to the Prime Minister for rapid response of the Government of Pakistan following terrorist incident in karahi and beginning of probe into it.

Additionally, he conveyed his trust in the Pakistani government to conduct a thorough investigation, quickly identify the terrorists, and expeditiously bring them to justice.

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SIFC Backs China-Pakistan Shale Gas Initiative: $30 million is invested in shale gas development by OGDCL.

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The Pakistani government is receiving assistance from the Special Investment Facilitation Council in the exploration of new petroleum deposits, including shale gas.

To increase Pakistan’s potential for shale and tight gas, the Oil and Gas Development Company Limited (OGDCL) of Pakistan and the China Central Depository and Clearing Company (CCDC) have inked a Memorandum of Understanding (MoU).
As part of the agreement, CCDC will help OGDCL with exploration and production by offering drilling and upstream oil field services. Through this agreement, energy self-sufficiency will be attained by utilizing Pakistan’s energy resources.

It is anticipated that the MoU will make the nation rely more on natural resources and less on imports.

OGDCL has committed 30 million dollars to develop shale gas reserves to suit the country’s energy needs. The goal of this partnership with China is to meet rising demand for energy by making use of regional resources.

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