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NAB requests IHC to withdraw its appeals against Asif Zardari’s acquittal in four cases

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  • Anti-graft body NAB submits four separate petitions.
  • NAB says only photocopies of documents are on record in said cases.
  • Bureau adds further prosecution impossible in references.

ISLAMABAD: The National Accountability Bureau (NAB) Wednesday approached the Islamabad High Court (IHC) to withdraw appeals against PPP Co-chairperson and former president of Pakistan Asif Ali Zardari’s acquittal in four references, which are scheduled for hearing tomorrow.

NAB, in its application, stated that only photocopies of the documents are on record in the references against Zardari; therefore, further prosecution is impossible.

NAB has submitted four separate petitions in the IHC to withdraw appeals against Zardari’s acquittal by the accountability court in the SGS, Cotecna, Ursus Tractors, and ARY Gold References, which state that only photocopies of the documents are on record against the former president.

NAB also mentioned that the available documents are not in accordance with the law of evidence. It stated that further prosecution on the appeals is an impossible task; therefore, to meet the requirements of justice, the court should allow NAB to withdraw the appeals against Zardari’s acquittals.

After the hearing of the reference was completed, the accountability court ordered to acquit Zardari and also approved NAB’s petition to withdraw the appeals against his acquittal simultaneously.

With regard to two cases — ARY Gold reference and Ursus Tractors filed in the years 2000 and 2001 — the accountability court issued its verdict to acquit the PPP co-chair on December 12, 2014. This case was initially created in 1998.

Zardari was also acquitted by the accountability court in the Cotecna and SGS reference on November 24, 2015.

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In Pakistan, the ANF seizes 2133 kg of narcotics.

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He told that a parcel at the DHL office at Lahore Airport, which was scheduled for the UK, had 580 grams of heroin recovered from it.

460 grams of ice were found on a traveler at Karachi Airport who was traveling to Bahrain during the second operation.

Three packages that were taken from a courier office in Quetta contained 1.4 kg of ice, which was found during the third operation.

At a courier agency in Rawalpindi, 14 grams of marijuana were found inside a package that had been delivered from the UK.

Three individuals who were detained at Port Qasim Karachi had 19 kg of hashish found on them, while 2080 metric tons of hashish were found recovered at Fort Abdullah. In the vicinity of Sukran Road Hub, 14 kg of hashish was found.

In the eighth operation, an accused person apprehended close to M-1 Islamabad had 8.8 kg of hashish and 2.4 kg of opium in his possession. At Zero Line Torkham, 5.6 kg of diazepam were found on an Afghan national who had been detained.

A suspect captured at GT Road, Attock, yielded 460 grams of hashish during the 10th operation.

The arrested suspects have been the subject of Anti-Narcotics Act cases, and additional inquiries are currently being conducted.

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Balochistan is shaken by a 4.2-magnitude earthquake

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12 kilometers below the surface, the epicenter of the earthquake was close to Turbat.

Yet, as of yet, no reports of fatalities or property damage have come from any region in Balochistan. Frantically reciting Kalma-e-Tayyaba, people emerged from their homes.

The Malir neighborhood of Karachi was struck by an earthquake on Thursday that registered a magnitude of 3.1.

In Malir, Landhi, Quaidabad, Kathore, and Gadap Town, there were indeed earthquakes, according to the National Seismic Monitoring Centre (NSMC).

12 kilometers was the reported depth of the earthquake’s epicentre, which was New Malir Karachi.

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Business

“Ten companies express interest in purchasing PIA.”

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Ten businesses, including three domestic aviation companies, have put in their bids.

According to the sources, other organizations interested in purchasing the majority of PIA shares include Fly Jinnah, AirSial, Arif Habib Group, Shujaat Azeem Group’s consortium, Tabba, Tariq Group, and Sehgal groups.

In order to provide these businesses more time to complete their bids, the PIA privatization deadline, which was originally set for May 3 (today), has been extended to May 18.

The Federal Minister for Privatization, Abdul Aleem Khan, declared in his announcement that the deadline for submitting statements of interest for national flag carriers will not be extended.

Sources claimed that although the Privatization Commission and the PIA administration ran a number of roadshows, they were not very successful.

An earlier request for a 30-day extension to hold its annual general meeting (AGM) was made by Pakistan International Airlines (PIA).

Citing inadequate financial reports and an audit as reasons for the delay, the national flag carrier has applied to the Securities and Exchange Commission of Pakistan (SECP).

A letter explaining the extension and its rationale to shareholders was also sent by the airline to the stock exchange.

The request for a postponement is connected to PIA’s current privatization process, according to people with knowledge of the situation.

Following the requested delay, they estimate that the AGM will occur by May 30.

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