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MONEY LAUNDERING

PSA seeks annual limit of $800m for solar imports

ISLAMABAD: The Pakistan Solar Association (PSA) has sought an annual limit of $ 800 million for import of solar...

Updated 26 Mar, 2023 10:25am

Money laundering, terrorism financing: Customs dept directed to refer cases to CTD

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the Customs department to refer big cases of currency...

Updated 23 Mar, 2023 09:30am

Opinion

New FATF guidelines: Shell companies and beneficial ownership

Shell companies are considered the safest means to stash wealth created through criminal activities. Incorporation ...

Updated 17 Mar, 2023 06:42am

Pakistan

FIA registers case against Farah Gogi

LAHORE: The Federal Investigation Agency (FIA) Lahore has registered a case against Farah Gogi, a close friend of...

Published 01 Mar, 2023 06:21am

FBR to check benami transactions of civil servants

ISLAMABAD: To check money laundering and Benami transactions, the government has finally allowed banks to access...

Updated 06 Feb, 2023 09:10am

Pakistan

Money laundering: Hearing in case against Suleman adjourned till 11th

LAHORE: Hearing of the money laundering case against Suleman Shehbaz, younger son of Prime Minister Shehbaz Sharif,...

Published 05 Feb, 2023 03:10am

Business & Finance

Money laundering: FBR begins probe against 16 individuals

ISLAMABAD: Directorate General of Intelligence and Investigation (Customs), Federal Board of Revenue (FBR) has...

Published 25 Jan, 2023 06:25am

Pakistan

PM’s son withdraws bail plea in money laundering reference

LAHORE: Suleman Shehbaz, younger son of Prime Minister Shehbaz Sharif, on Monday withdrew his bail petition in a...

Published 24 Jan, 2023 08:13am

Business & Finance

Tax authorities accused of prejudging tax evasion as bid to launder money

LAHORE: The Intelligence and Investigation (I&I) Wing of the Inland Revenue is prejudging tax evasion as an...

Published 20 Jan, 2023 06:10am

Pakistan

UK HC, IK discuss money laundering and other issues

LAHORE: British High Commissioner in Islamabad Christian Turner on Monday called on Pakistan Tehreek-e-Insaf (PTI)...

Published 10 Jan, 2023 06:00am

Pakistan

AC grants pre-arrest bail to son-in-law of PM

LAHORE: An accountability court on Wednesday granted interim pre-arrest bail to Haroon Yousaf, a son-in-law of Prime...

Published 05 Jan, 2023 05:58am

Pakistan

Money laundering, tax evasion: Rs0.5m fine imposed under AMLA-2010 and Rs0.1m under ITO-2001

ISLAMABAD: The government has imposed a fine of only Rs0.5 million under the Anti-Money Laundering Act 2010...

Published 09 Dec, 2022 05:58am

Business & Finance

Workshop on FATF regulations held

HYDERABAD: The Hari Welfare Association and Blue Veins jointly organised a capacity building workshop at Nawabshah,...

Published 07 Dec, 2022 05:54am

World

UK crime agency arrests 'wealthy Russian' over money laundering

LONDON: Britain's National Crime Agency (NCA) said on Saturday it had arrested a "wealthy Russian businessman" on...

Published 04 Dec, 2022 12:25am

World

Nirav Modi loses extradition appeal in UK court

LONDON: Fugitive Indian diamond tycoon Nirav Modi faces extradition to India to face charges of fraud and money...

Published 10 Nov, 2022 05:50am

Pakistan

Hearing of money laundering, Park Lane cases adjourned

ISLAMABAD: The Accountability Court on Wednesday adjourned the hearing of mega money laundering and Park Lane cases...

Published 03 Nov, 2022 05:50am

Editorials

Country out of FATF’s inglorious ‘grey list’

EDITORIAL: Pakistan was taken out of the ‘grey list’ by Financial Action Task Force (FATF) against money...

Published 25 Oct, 2022 05:51am

Business & Finance

US unveils new rules to track shell companies

WASHINGTON: The US Treasury on Thursday unveiled new rules that will require firms doing business in the country to...

Published 30 Sep, 2022 05:52am

World

Dutch detain nine, probe CEO in major fraud case

THE HAGUE: Dutch financial authorities detained at least nine people Tuesday in a massive fraud case and raided the...

Published 14 Sep, 2022 04:45am

Opinion

Multiple challenges

Pakistan is the fifth most populous country in the world which as on August 23, 2022 is 230,052,620 as per...

Published 26 Aug, 2022 05:35am

World

Cash-rich Germany criticised by watchdog over money laundering

FRANKFURT: Germany has been criticised by a global watchdog for failing to do enough to tackle money laundering,...

Published 25 Aug, 2022 08:19pm

World

American attorney released from detention in UAE

DUBAI: US citizen and civil rights attorney Asim Ghafoor, who was convicted in the United Arab Emirates this week on...

Published 13 Aug, 2022 11:27am

Opinion

PARTLY FACETIOUS: There’re bottlenecks along the way

“I reckon we are unable to undertake impartial investigations and…” “There are some bottlenecks along the...

Published 03 Aug, 2022 04:55am

Pakistan

Money-laundering reference: Case of Shehbaz, Hamza adjourned

LAHORE: An accountability court on Tuesday allowed one-time exemption from personal appearance to Prime Minister ...

Published 27 Jul, 2022 05:23am

World

China’s Vivo asks court to lift Indian bank account freeze

NEW DELHI: Chinese smartphone maker Vivo has asked an Indian court to quash a decision by the country’s financial...

Published 08 Jul, 2022 05:42pm

World

India blocks 119 accounts linked to China’s Vivo in money laundering probe

NEW DELHI: India’s financial crime agency said on Thursday it has blocked 119 bank accounts linked to Vivo’s...

Published 08 Jul, 2022 08:30am

World

India blocks 119 accounts linked to China’s Vivo in money laundering probe

NEW DELHI: India’s financial crime agency said on Thursday it has blocked 119 bank accounts linked to Vivo’s India...

Published 07 Jul, 2022 06:59pm

World

India raids offices of Chinese smartphone maker Vivo

MUMBAI: Chinese smartphone maker Vivo said Tuesday it was “cooperating with authorities” in India after reports...

Published 06 Jul, 2022 07:11am

Pakistan

One-time exemption granted to Shehbaz, Hamza

LAHORE: An accountability court on Friday allowed one-time exemption to Prime Minister Shehbaz Sharif and Chief...

Published 05 Jul, 2022 05:19am

Opinion

FATF and its impact on country’s economy

Pakistan has gone through so many challenges and adversaries in its relatively short life span of 75 years that it ...

Published 03 Jul, 2022 05:39am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Mar 30 Chakwal Spinning Mills Limited(CWSM)	1.36 ▲ 0.20 (17.24%)
First IBL Mod. / Mar 30 First IBL Modaraba(FIBLM)	5.90 ▲ 0.60 (11.32%)
First Pak Mod. / Mar 30 First Pak Modaraba(PAKMI)	1.34 ▲ 0.13 (10.74%)
Dewan Sugar / Mar 30 Dewan Sugar Mills Limited(DWSM)	2.57 ▲ 0.23 (9.83%)
Unicap Modaraba / Mar 30 Unicap Modaraba(UCAPM)	1.77 ▲ 0.15 (9.26%)
Premier Insurance / Mar 30 Premier Insurance Limited(PINL)	7.50 ▲ 0.63 (9.17%)
B.R.R.Guardian / Mar 30 B.R.R. Guardian Modaraba(BRR)	12.04 ▲ 0.99 (8.96%)
Ismail Ind. / Mar 30 Ismail Industries Limited(ISIL)	518.26 ▲ 36.15 (7.50%)
Khyber Tex. / Mar 30 Khyber Textile Mills Limited(KHYT)	397.42 ▲ 27.72 (7.50%)
Suraj Cotton / Mar 30 Suraj Cotton Mills Limited(SURC)	102.53 ▲ 7.15 (7.50%)

Stock	Price
First Prudential Mod. / Mar 30 First Prudential Modaraba(PMI)	1.40 ▼ -0.24 (-14.63%)
Trust Mod. / Mar 30 Trust Modaraba(TRSM)	1.30 ▼ -0.20 (-13.33%)
Sapphire Fibres / Mar 30 Sapphire Fibres Limited(SFL)	1018 ▼ -82.00 (-7.45%)
Sardar Chemical / Mar 30 Sardar Chemical Industries Limited(SARC)	32 ▼ -2.55 (-7.38%)
Gadoon Textile / Mar 30 Gadoon Textile Mills Limited(GADT)	192.50 ▼ -15.30 (-7.36%)
Philip Morris Pak. / Mar 30 Philip Morris (Pakistan) Limited(PMPK)	461 ▼ -36.43 (-7.32%)
Pakistan Services / Mar 30 Pakistan Services Limited(PSEL)	876 ▼ -69.10 (-7.31%)
Shield Corp. / Mar 30 Shield Corporation Limited(SCL)	282 ▼ -22.00 (-7.24%)
Bal. Wheel / Mar 30 Baluchistan Wheels Limited(BWHL)	68.42 ▼ -5.18 (-7.04%)
JDW Sugar / Mar 30 JDW Sugar Mills Limited(JDWS)	356 ▼ -26.79 (-7.00%)

Stock	Volume
Telecard Limited / Mar 30 Telecard Limited(TELE)	12,447,500 ▼ -0.21
WorldCall Telecom / Mar 30 Worldcall Telecom Limited(WTL)	9,398,662 ▲ 0.01
Pakistan Alumin / Mar 30 Pakistan Aluminium Beverage Cans Limited(PABC)	7,638,000 ▲ 0.23
Pak Elektron / Mar 30 Pak Elektron Limited(PAEL)	6,136,500 ▼ -0.05
Pak Int.Bulk / Mar 30 Pakistan International Bulk Terminal(PIBTL)	6,018,500 ▲ 0.08
Engro Corp / Mar 30 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -0.02
Nishat Mills Ltd / Mar 30 Nishat Mills Limited(NML)	4,517,879 ▲ 0.46
Shifa Int.Hosp / Mar 30 Shifa International Hospitals Limited(SHFA)	4,299,000 ▼ -1.99
Agha Steel Ind. / Mar 30 Agha Steel Ind.Ltd(AGHA)	3,645,000 ▲ 0.36
K-Electric Ltd. / Mar 30 K-Electric Limited(KEL)	3,416,092 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	285.65
USD PKR Interbank Buying / Mar 30	283.65
USD to Japanese Yen / Mar 30	132.47
USD to Swiss Franc / Mar 30	0.92
Pound Sterling to USD / Mar 30	1.23
Euro to USD / Mar 30	1.08
UK LIBOR % / Mar 29	4.81

Stock	Volume
S&P 500 / Mar 29	4027.81
India Sensex / Mar 29	57960.09
Nasdaq / Mar 29	11926.24
Dow Jones / Mar 29	32717.60
Tokyo Nikkei / Mar 30	27782.93
Hang Seng / Mar 30	20309.13
FTSE 100 / Mar 30	7578.80
Germany DAX 30 / Mar 30	15430.39
France CAC40 / Mar 30	7235.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 29	18935
Gold 10 Grams PKR / Mar 29	176268
Crude Oil USD/Barrel / Mar 30	72.81
Gold Spot USD/Ounce / Mar 30	1963.79
Cotton US¢/pound / Mar 30	82.34

MONEY LAUNDERING

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