12082016Thu
Last update: Thu, 08 Dec 2016 02pm

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SC still awaits answers from Sharif family, adjourns hearing till Dec 9 ISLAMABAD: The Supreme Court of Pakistan said on Wednesday that it still awaits three answers from Sharif family on their offshore companies, as the hearing of Panama Papers leak case was adjourned till Friday, December 9. A five-member larger bench of the apex court, headed by Chief Justice of Pakistan Anwar Zaheer Jamali, resumed hearing of the petitions seeking Prime Minister Nawaz Sharif's disqualification over the Panama Papers leak. During the hearing, Chief Justice Jamali asked on which date Maryam Nawaz purchased the land and made payment for it. Sharif family’s counsel Salman Aslam Butt informed the court that the land was purchased on April 9, 2011 while the money was gifted by PM Nawaz Sharif.Justice Asif Saeed Khosa said that when documents were read it is evident that the prime minister's counsel did not answer the questions we asked. "To serve justice this matter has to be investigated," he added.The bench asked both parties to ...

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Pakistan looking forward to working closely with Trump administration WASHINGTON: Pakistan is looking forward to working closely with the new administration amid indications that incoming US President Donald Trump intends to be fully engaged in South Asia to advance peace and security and help resolve contentious issues between Pakistan and India, including the Kashmir dispute.   Special Assistant to the Prime Minister, Syed Tariq Fatemi, is in Washington to have interaction with the current US administration and reach out to officials who are likely to join the new administration of President-elect ...

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Top UN leadership call for India-Pakistan dialogue, reduction of tensions UNITED NATIONS: Top United Nations officials called for resumption of dialogue and de-escalation of tensions between India and Pakistan during their meetings with the visiting Special Assistant to the Prime Minister on Foreign Affairs, Syed Tariq Fatemi, at UN Headquarters in New York on Tuesday.     During his flying trip to New York, Fatemi met Deputy Secretary General Jan Eliasson and Under Secretary General for Political Affairs Jeffery Feltman and briefed them on the situation in South Asia and Afghanistan as ...

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RECORDER REPORT: PSX mid day update KARACHI: On Wednesday, until mid day, KSE-100 Index was at 44249.79 with a positive change of 50.39 and volume of 167,661,420 High and Low were 44502.07 and 44107.82 respectively. Total volume traded in the market was 287,924,270 shares with 366 total traded companies out of which 123 were up, 233 were down and 10 were COMMERCIAL BANKS was the top traded sector with total traded volume of 83,937,100 shares. It was followed by POWER GENERATION & DISTRIBUTION with a total traded volume ...

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US applauds Pakistan’s efforts for peace in South Asia WASHINGTON: The United States has appreciated efforts made by Pakistan to promote peace and stability in South Asia.According to Radio Pakistan, The appreciation came during talks between Special Assistant to Prime Minister Syed Tariq Fatemi and US Deputy Secretary of State Antony Blinken in Washington. The US Deputy Secretary of State expressed concern over the increasing tension between Pakistan and India at the Line of Control (LoC).He reiterated US position on the need for reducing tension in South Asia and promoting closer cooperation and dialogue between the two countries.The meeting noted ...