Posts Tagged ‘Swiss Bank’

ISLAMABAD: While hearing the National Reconciliation Ordinance (NRO) implementation case on Wednesday, the Supreme Court ordered Prime Minister Raja Pervaiz Ashraf to submit a written response to the court on whether or not he will write a letter to the Swiss authorities by July 12, Express News reported.

A three-member bench, headed by Justice Nasirul Mulk, ordered Attorney General Irfan Qadir to get in touch with Ashraf and inform the court about Ashraf’s stance.

The court had already issued an order when a contempt of court case was underway against former prime minister Yousaf Raza Gilani, in which it was told to disregard the summary made by the Law Ministry and write a letter to the Swiss authorities to open graft cases against President Asif Ali Zardari.

The federal government had asked the court to not implement the order yet as Gilani’s case was underway.

Today, the court said that a prime minister is not an ordinary person and that it didn’t suit him to say that he doesn’t know about the case and hence he should ponder over it and submit a reply to the court.

An application was filed in the Supreme Court on Tuesday praying that contempt proceedings against the incumbent prime minister Raja Parvaiz Ashraf be initiated for giving a statement that he will not write a letter to the Swiss authorities.


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SC directed NAB to commence investigation in the NBP fraud case.

LAHORE: The National Accountability Bureau (NAB), under the directives of the Supreme Court of Pakistan, has started an inquiry into the Rs2 billion National Bank Employees’ Welfare Fund scam between 2003-08.

A statement issued by NAB on Monday read that the case involves senior officials of the NBP who had allegedly misused their authority to embezzle millions of rupees. The top management at NBP had distributed the workers welfare fund among themselves under the pretext of cash achievement awards.

According to an initial investigation in the matter, it was discovered that millions of rupees were divided among top officials between 2003-08. NAB has submitted its initial report to the SC.

The court had earlier directed NAB to look into the scam and to take steps as prescribed under NAO 1999 to recover the embezzled money. The case is already under process in the Federal Investigation Agency (FIA).

The NAB investigation team has asked NBP to provide details regarding the case while the bank’s management is yet to respond to NAB’s query.

Canal Motors case

Meanwhile in another case, a NAB Special Operation Wing investigation team has proceeded to Lahore to speed up investigations in the Canal Motors’ case where the accused had allegedly cheated the public out of Rs1 billion under the false pretext of investing the sum.

Canal Motors’ owners had collected millions of rupees from as many as 200 people in the name of importing of vehicles. NAB has already arrested three persons related to the case including the main accused owner Rana Qaisar Nazir. They are currently in judicial custody.

The NAB investigation team was in Lahore to verify the claims of the affected, in order to conclude investigations.

Course: The Express Tribune Pakistan

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President Zardari owns 6 Banks in Pakistan, 16 Sugar Mills and Property of Trillion Dollars in Dubai, as well as billion dollar’s Paint houses in London. Liaquat Jatai told.
He told that Zardari bought Paint houses in London sum of $ 240 Millions when he visited London in Jeans & Shirts. Laquat Jatoi is the president of Sindh Awami Ittehad party.

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“Pakistanis are poor but Pakistan is not a poor country”, says one of the Swiss Bank Directors.   He says that “28 trillion (28,000,000,000,000) of Pak Rupees are deposited in Swiss Banks which can be used for:-

1. Tax free” budgets for 30 years.
2. Can give 6o million jobs to all Pakistan .
3. Constructing 4 lane roads from any village to  Islamabad ..
4. Ensure forever free supply to more than 500 social projects.
5. Financial Assistance of Rs. 20,000/month to every citizen for 60 years.
6. Disbanding the need of World Bank and IMF loans.

Think how our money is stolen and blocked by rich corrupt politicians and bureaucrats.
We have full right against these corrupt politicians and bureaucrats.

Don’t ignore and forgive corruption at any level in our country.
Iss message koe itna forward karo kay poora PAKISTAN  parhay aur jaag utthay.

Please take it seriously.   If you can forward jokes, then why not this?   Be a responsible citizen.

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