The National Accountability Bureau has summoned former president Asif Ali Zardari and PPP chairman Bilawal Bhutto-Zardari to appear before the bureau in Rawalpindi in connection with the Park Lane Estate case, a spokesperson for the bureau told …
Posts tagged as Asif Ali Zardari
Pakistan Peoples Party Co-chairman Asif Ali Zardari on Saturday challenged the Banking Court's decision to allow the National Accountability Bureau to move the fake bank accounts case to an accountability court in Rawalpindi in the Sindh High Court.
A banking court in Karachi on Friday granted the National Accountability Bureau (NAB) its request to transfer the fake bank accounts case – against Pakistan Peoples Party co-chairman Asif Ali Zardari, his sister Faryal Talpur and others – to the …
India’s External Affairs Minister Sushma Swaraj is invited to the OIC moot as a guest of honour despite strong protest from Pakistan.
India’s External Affairs Minister Sushma Swaraj is invited to the OIC moot as a guest of honour despite strong protest from Pakistan. FM Qureshi informed the lawmakers that did not attend the conference in UAE in protest.The invitation was sent without consultation. Hence, I have decided to not attend the session, he told the Parliament.The foreign minister also wrote a letter addressed to the OIC content of which was approved by the members of the Lower House and political parties.India is not a member of the OIC, he asserted and added that Ankara and Tehran were also displeased over extending an invitation to New Delhi.Qureshi, briefing the parliament on his conversation with United Arab Emirates Crown Prince Mohammed bin Zayed Al Nahyan, said: He said the invitation was extended before the Pulwama attack. But the crown prince showed the willingness to rethink the decision.
We have a total of 19 resolutions at the OIC – all include human rights violations committed by the Indian occupying forces in the disputed valley. Our stance will be presented at the conference by officials from the foreign ministry.”“Any bid to grant observer’s status to India will be opposed by Pakistan at the OIC.The foreign minister further said that the decision was backed by Turkey and the country had promised to play their role in it.
In Hanoi, United States President Donald Trump said he did not want instability in the sub-continent. The US has long-standing ties with Pakistan, recently its relations with India have improved.Trump directed US envoys to play their part in de-escalating the recent situating. I thank him for the efforts.
In my trip to Moscow before the Pulwama attack, I had expressed concerns about possible misadventures from the Indian side. Today, the Indian nation and political opposition are vindicating Pakistan’s stance that Narendra Modi is escalating the situation for political gains, he said as he referred to Bharatiya Janata Partys (BJP) regional chief boasting that the air strike will secure at least 22 more seats for the party.
PM Imran tried to contact Modi thric Shehbaz Sharif lauds Turkeys supportTaking the floor after the foreign ministers address, Opposition Leader Shehbaz Sharif thanked Turkey for standing by Pakistan side in tumultuous times.Shehbaz regretted that other allies of the country did not issue statements favouring Pakistan’s stance.“It would have helped to strengthen our position globally.”The PML-N president further suggested sending a delegation to allied countries to push Islamabad’s narrative.
In the end, he thanked the armed forces for their sacrifice and paid tribute to the three armed services.PM throws ball in Modis courtPakistan should have engaged the OICPakistan Peoples Party co-chairperson Asif Ali Zardari, however, disagreed with the government’s decision to not attend the OIC conference.
“I feel Pakistan should have engaged the OIC as disengagement is not a solution. It will only drive India further.”Zardari stressed that OIC members were Pakistan’s friends. “I believe we should strengthen our ties with neighbours and allies.In 2008, after the Mumbai attack, we contained the situation through diplomatic channels by engaging our allies. I accept the government’s decision to not attend the conference but I would rather we went and held talks with the members.”The former president also thanked Pakistan Air Force (PAF) pilot Hasan Siddiqui for defending the country. “Yes, we are both nuclear-armed countries.
I would like to mention that Benazir Bhutto brought nuclear technology to Pakistan.”“We are emotional at the moment but we should not forget that wars are fought between nations and not just armies.And the nation is ready – but it should be our last resort.”“Modi’s adventurism has backfired.
God has been very kind. We managed to come out of the situation with dignity – we should hold on to it, not squander it.”Zardari said the captured pilot’s release was a welcome move. “It is soft diplomacy – and it is the need of the hour.
The move depicts us in a better light in the world. India is painting us as a terrorist state but our actions show that we are a democratic state.”Trump hints at de-escalation between India, Pakistan as US mediatesFully capable to defend our bordersFinance Minister Asad Umar began his address by paying tribute to the armed forces. “It is because of them that we can sleep peacefully at night.”Umar was impressed by Air Chief Marshal Mujahid Anwar Khan’s talk. “The forces are doing their job, the responsibility to ensure regional peace lies with the political leadership.”The PTI leader said that the nation was united at the moment, unlike India. He further urged the Modi-led government to contain war-hysteria.
“Pakistan may be going through an economic crisis but we are fully capable to defend our borders.”Pakistan to hand over captured IAF pilot to Indian authorities at Wagah BorderSupport FM Qureshi’s decisionFormer foreign minister Khawaja Asif expressed pleasure at the united front being shown to the world.
“India is using its Muslim population as leverage to become a member of the OIC. Today, they have been invited as a guest of honour, next they will vie for observer’s status.Hence, I support FM Qureshi’s decision to not attend the OIC.”He urged the Parliament to stand united and send a message to the world that Pakistan is eliminating terrorism.“The United State is ready to engage in dialogue after 17-year-long conflict. We are providing them an escape route,” he said.
Referring to PM Imran’s call to Modi – which the Indian premier ignored – Asif lamented that Nawaz Sharif was called a traitor for opening a dialogue with Modi. “Nawaz saw it coming.He urged economic development and ties. Today, Imran is doing the same thing.
And we are standing behind him [Imran],” he said as he urged for unity.Asif quipped that Imran can call Modi but shies away from shaking opposition leader’s hands.On Kashmir, he said freedom was every Kashmiri’s birthright. “Even the United Nations have endorsed that Kashmiris have a right to self-determination which India is denying.
ISLAMABAD (Dunya News) – Former president and Pakistan People s Party co-chairman Asif Ali Zardari will skip hearing of the fake accounts case in the Supreme Court (SC) today (Tuesday), Dunya News reported.
KARACHI – A banking court in Karachi on Thursday extended till March 5 the pre-arrest bail granted to former president Asif Ali Zardari, his sister Faryal Talpur and other suspects in a case pertaining to money laundering of billions through fictitious .
Pakistan Peoples Party (PPP) top leadership, the Omni Group’s Anwar Majeed and his son Abdul Ghani Majeed, former Pakistan Stock Exchange chairperson Hussain Lawai, Summit Bank Senior Vice-President Taha Raza are among those being investigated in the case.The matter is also being heard by the Supreme Court.Zardari and Talpur arrived at the hearing under stringent security, while the incarcerated suspects Anwar Majeed, Abdul Ghani, Lawai and Raza were brought in by police.During the hearing, the Federal Investigation Agency (FIA) submitted a medical report citing reasons for its failure to present main accused Aslam Masood, who was recently apprehended with the help of Interpol.Meanwhile, the National Accountability Bureau’s prosecutor maintained that the case should be transferred to Islamabad and said the move was approved by NAB chairman Justice (retd) Javed Iqbal.He also requested the court to dismiss the bail extension pleas.The FIA prosecutor seconded his stance, arguing that the Supreme Court’s directives in the suo motu case do not leave room for bail.
Advocate Farook H Naek, Zardari’s counsel, pointed out that the apex court had ordered the JIT report to be forwarded to the anti-graft watchdog in Islamabad for future corruption references.The order did not mention the case pending in the banking court, he said and accused the FIA of misconstruing SC order.
The court told FIA to submit documents if there had been any new developments in the case. The banking court adjourned the hearing of Anwar Majeed and Abdul Ghani’s bail pleas till February 20 and granted extension in pre-arrest bail to Zardari, Talpur and five others till March 5.In December 2015, the Federal Investigation Agency began a discreet investigation into certain bank accounts through which multi-billion rupee transactions have been made. According to FIA sources, information regarding the fake accounts came to the fore when an intelligence agency picked up a prominent money changer in an unrelated case.As the monitoring and investigation of these suspicious accounts continued, it surfaced that five of these accounts in two banks the Sindh Bank and Summit Bank had been used for transactions worth around Rs15 billion.Investigation showed the accounts were operated by fake companies.Funds were credited into these accounts from contractors with multi-billion rupee contracts with the Sindh government. The money was found to have been transferred to accounts of companies owned and operated by the Omni Group, whose chairperson, Anwar Majeed, is a close aide of Pakistan Peoples Party (PPP) co-chairperson Asif Ali Zardari.Another beneficiary was Nasir Lootah, the chairperson of Summit Bank.The probe, however, was shelved.
It resumed almost a year and a half later. FIA’s State Bank circle initiated a formal inquiry in January, 2018.By June, the FIA had several high-profile names on its list but was unable to make headway for several reasons. It was at his point that the Supreme Court intervened.Chief Justice Mian Saqib Nisar took suo motu notice of the slow progress’ in the money laundering case.In July, Zardari’s close aides; Hussain Lawai, Taha Raza and two others were arrested.Subsequently, the first case was registered in the mega-corruption scandal.The FIA submitted its report to the apex court on July 8 which revealed a web of companies and accounts that were being used to transfer billions of rupees.In all, 29 accounts were identified that received payments, totaling at least Rs35 billion.
FAISALABAD: Railways Minister Sheikh Rashid Ahmed asked the media to refrain from supporting former president Asif Ali Zardari's stance regarding toppling the government as the PPP co-chairman was a “thief”.