–FBR names eight suspended officers in expanding silver swap case as criminal investigation proceeds under FIR filed earlier this month Aftab Maken ISLAMABAD: Federal Board of Revenue (FBR) on Sunday late night named eight customs officers suspended after fresh findings in a high-profile silver swap investigation pointed to direct involvement, …
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–Pakistan repays $2bn to UAE, managing external obligations without major hit to forex reserves Aftab Maken KARACHI: Pakistan has repaid $2 billion to the United Arab Emirates, fulfilling a key external obligation while maintaining relative stability in its foreign exchange reserves, according to the State Bank of Pakistan. The central …
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Aftab Maken ISLAMABAD: Pakistan must collect Rs322 billion from court rulings before IMF board review, as authorities scramble to offset a major tax shortfall and unlock $1.2 billion in fresh financing. Pakistan’s International Monetary Fund has imposed a key prior action requiring the Federal Board of Revenue to recover Rs322 …
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Islamabad court convicts Bahria Town executive Khalil ur Rehman in a Rs 1.6bn money laundering case, imposing a 10-year sentence and Rs25m fine in a major FIA prosecution Aftab Maken ISLAMABAD: An Islamabad court sentenced Bahria Town executive Khalil ur Rehman to 10 years imprisonment in a major money laundering …
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