ISLAMABAD: An FBR report for 2008-09 presented before the Public Accounts Committee (PAC) makes a startling disclosure that banks withheld an amount of Rs13.696 billion collected as tax but did not deposit the same in government treasury.
ISLAMABAD: The Punjab government on Wednesday submitted a report before the Supreme Court on the Bank of Punjab (BoP) scam of Rs9 billion and revealed that former Chief Minister Punjab, Ch Pervaiz Elahi, siphoned Rs5.4 billion from the BoP while Chairman Federal Board of Revenue (FBR), Salman Siddique, approved unlawful credit proposals of Rs1.1 billion in July 2006.
ISLAMABAD: The international community’s no confidence in what is seen as one of the most corrupt governments in the country’s history is truly reflected in official statistic of foreign assistance for 2010 flood victims with Prime Minister’s Relief Fund getting peanuts i.e. around US$ 21 million from world capitals.
LAHORE – FIA Additional Director General Zafar Ahmad Qureshi, who was holding a probe into the National Insurance Company Limited (NICL) scandal, has been removed from his post.
A notification issued on Monday said he will continue his duties as Managing Director of Police Foundation.