Trends - NAB - Business Recorder

NAB

Accountability court extends Khawaja Asif’s remand

The PML-N leader was presented before the court in Lahore today at the expiry of his 14-day remand.
NAB's legal representative told the court the Asif had transferred money into a company account which was owned by his servant.

Updated 13 Jan, 2021 04:29pm

Pakistan

IHC forms medical board to examine Zardari's health

Naek said former president Asif Ali Zardari was currently suffering from heart, chest, diabetes and other diseases.

Updated 13 Jan, 2021 12:12am

Pakistan

NAB chairman for punishing the corrupt on solid evidence basis

The meeting decided that effective oversight as well as further improving the standard and quality of complaint verifications.

Updated 13 Jan, 2021 12:11am

Pakistan

Court directs NAB to share copies of interim reference

AC-II Judge Muhammad Azam Khand conducted hearing in graft reference against former president Asif Ali Zardari and others.

Published 12 Jan, 2021 08:54pm

Pakistan

PDM adopting undemocratic moves to pressurize institutions: Shibli

He said the tactics being used by the PDM leaders to pressurize the NAB.

Published 12 Jan, 2021 07:03pm

Pakistan

SC seeks NAB's response on its section 17-D

The court directed the NAB to submit its reply in 15 days and adjourned hearing of the case.

Published 12 Jan, 2021 06:50pm

Pakistan

Court postpones Gilani's indictment till February 3, in graft case

The court also directed Yousuf Raza Gilani and others to appear before the court on next hearing February 3.

Published 12 Jan, 2021 06:23pm

Pakistan

PDM adopting undemocratic move against democratically elected govt: Shibli

He said the tactics being used by the PDM leaders to pressurize the NAB and ECP for casting aside corruption and money laundering cases, would fail soon.

Updated 12 Jan, 2021 12:02am

World

UK asset recovery firm says Nawaz Sharif offered bribe to stop investigation of his offshore assets

Broadsheet owner Kaveh Moussavi also rejected Nawaz’s claim that Broadsheet had given clean chit to his family in corruption cases.
Moussavi told a UK-based web channel that the Sharif family has assets not only in the UK but across the world.

Updated 11 Jan, 2021 10:00am

Pakistan

NAB Sukkur files 323 ref; recovers Rs 26 bln in last three years: Report

NAB Sukkur has filed 89 references in 2018, 108 in 2019 and 136 in 2020 in respected Accountability Courts.

Published 10 Jan, 2021 06:51pm

Pakistan

PAC recovers Rs325bn till Dec 31

ISLAMABAD: The Public Accounts Committee (PAC) recovered Rs325 billion till December 31, 2020, sources said. The...

Published 09 Jan, 2021 02:47am

Pakistan

Hamza Shehbaz: SC asks AC to furnish pending cases detail

ISLAMABAD: The Supreme Court on Friday hearing the bail plea of the Pakistan Muslim League-Nawaz (PML-N) leader ...

Published 09 Jan, 2021 02:47am

Pakistan

PTI senator disassociates himself from Mandviwalla’s anti-NAB rhetoric

ISLAMABAD: Senator Mohsin Aziz from the ruling party Pakistan Tehreek-e-Insaf (PTI) on Friday asked the opposition...

Published 09 Jan, 2021 02:47am

Pakistan

NAB files reference against former ambassador

ISLAMABAD: The National Accountability Bureau (NAB) on Wednesday filed a corruption reference against a former...

Published 07 Jan, 2021 03:15am

Pakistan

NAB distributes cheques of Rs730 million to affectees

NAB Lahore Director said that positive results yielded by Chairman NAB Javed Iqbal's policy of accountability for all were being transferred to the masses

Published 06 Jan, 2021 06:46pm

Business & Finance

NAB unearths embezzlement of millions of rupees of embassy funds

In the NAB reference, former ambassador AS Babar Hashmi and former accountant Tufail Qazi has been nominated.

Published 06 Jan, 2021 01:31pm

Pakistan

NAB believes in ‘Zero Corruption, 100pc Development’: Chairman

NAB officers should multiply their efforts in nabbing corrupt elements and recover from them hard earned looted money of the innocent citizens of Pakistan.

Published 05 Jan, 2021 11:47pm

Pakistan

NAB believes in ‘Zero Corruption, 100pc Development’: Chairman

Chairman said that NAB was established to eradicate corruption, recover looted money in order to have Pakistan corruption free.

Published 05 Jan, 2021 08:38pm

Pakistan

Government ready to sit with opposition parties on public interest issues: Shahzad Akbar

He said that Pakistan is bound to have an accountability bureau under the United Nations convention on corruption.

Published 05 Jan, 2021 12:44am

Pakistan

Govt desires to apply open balloting system in upcoming Senate elections: Babar Awan

In an interview with a private television channel, he said Senate elections could be conducted after February 12 and before second week of March.

Published 05 Jan, 2021 12:41am

Pakistan

NAB, Rawalpindi recovers record Rs196 billion in 2020

According to the report, the accountability courts have disposed of 58 corruption cases and NAB started investigations in fake accounts case.

Published 05 Jan, 2021 12:32am

Pakistan

Nation benefits when State institutions allowed to function independently: PM

"These facts reveal how the nations benefit when State institutions are allowed to function independently without political interference," he said.

Published 05 Jan, 2021 12:29am

Pakistan

NAB’s management not playing role in M/s Broadsheet arbitration proceedings: NAB

The agreement was terminated in the year 2003 owing to the dismal performance of M/s Broadsheet LLC.

Published 04 Jan, 2021 10:15pm

Pakistan

Government ready to sit with opposition parties on public interest issues: Shahzad Akbar

He said that Pakistan is bound to have an accountability bureau under the United Nations convention on corruption.

Published 04 Jan, 2021 09:13pm

Pakistan

Nation benefits when State institutions allowed to function independently: PM

The Prime Minister said the total recoveries by NAB during years 2019 and 2020 amounted Rs.389 billion in comparison to previous 10 years' (2008-2018) recovery of Rs.104 billion.

Published 04 Jan, 2021 06:38pm

Pakistan

Senate witnesses heated debate on NAB’s role in accountability process

Waleed Iqbal said Constitution of Pakistan guarantees fundamental rights of people and no one was allowed to violate these rights.

Published 04 Jan, 2021 06:33pm

Pakistan

Money-laundering case: Shehbaz requests court to form medical board

Shehbaz said that he appeared before the court despite poor health
NAB filed a reference of money laundering worth Rs8 billion against Shehbaz Sharif, his two sons and other family members

Published 04 Jan, 2021 01:38pm

Business & Finance

NAB Lahore recovers over Rs 29bn in 2020

The agency claims that the current three-year period has seen a 945 percent increase over the past 17 years.

Published 02 Jan, 2021 10:31am

Pakistan

President suggests early population census with stakeholders’ consultation for consensus

He said the devolution of power was essential but federation thought that it had more responsibilities than the revenue.

Published 02 Jan, 2021 02:43am

Pakistan

NAB Balochistan recovers looted Rs7bn

In order to remove loopholes in the laws, rules and regulations of the government department as many as 5 reform committees have been set.

Published 02 Jan, 2021 12:49am

Gainers
Losers
Leaders

Stock	Price
Premier Ins. / Nov 30 Premier Insurance Limited(PINL)	5.20 ▲ 0.38 (7.88%)
Pak Reinsurance / Nov 30 Pakistan Reinsurance Company Limited(PAKRI)	24.50 ▲ 1.66 (7.27%)
Jubilee Spinning / Nov 30 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	5.84 ▲ 0.36 (6.57%)
Pak Hotels / Nov 30 Pakistan Hotels Developers Limited(PHDL)	154.00 ▲ 9.20 (6.35%)
Kohinoor Energy / Nov 30 Kohinoor Energy Limited(KOHE)	35.24 ▲ 1.84 (5.51%)
Next Capital / Nov 30 Next Capital Limited(NEXT)	11.44 ▲ 0.59 (5.44%)
Pak Petroleum / Nov 30 Pakistan Petroleum Limited(PPL)	74.10 ▲ 3.65 (5.18%)
Kohat Cement / Nov 30 Kohat Cement Company Limited(KOHC)	178.99 ▲ 8.65 (5.08%)
Khyber Tobacco / Nov 30 Khyber Tobacco Company Limited(KHTC)	260.00 ▲ 10.50 (4.21%)
Matco Foods Ltd / Nov 30 Matco Foods Limited(MFL)	27.90 ▲ 1.01 (3.76%)

Stock	Price
Pak Gen.Ins. / Nov 30 The Pakistan General Insurance Co. Ltd.(PKGI)	3.48 ▲ -0.47 (-11.90%)
PICIC Ins.Ltd. / Nov 30 PICIC Insurance Limited(PIL)	1.13 ▲ -0.08 (-6.61%)
Jauharabad Sug / Nov 30 Jauharabad Sugar Mills Limited(JSML)	22.50 ▲ -1.56 (-6.48%)
KASB Mod / Nov 30 KASB Modaraba(KASBM)	2.26 ▲ -0.11 (-4.64%)
Orix Modaraba / Nov 30 Orix Modaraba(ORIXM)	16.10 ▲ -0.34 (-2.07%)
Mod.Al-Mali / Nov 30 Modaraba Al-Mali(MODAM)	10.40 ▲ -0.17 (-1.61%)
J.K.Spinning / Nov 30 J.K. Spinning Mills Limited(JKSM)	44.45 ▲ -0.45 (-1.00%)
K.S.B.Pumps / Nov 30 KSB Pumps Company Limited(KSBP)	200.00 ▲ -1.90 (-0.94%)
Orient Rental / Nov 30 Orient Rental Mod(ORM)	7.00 ▲ -0.05 (-0.71%)
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	4.05 ▲ -0.02 (-0.49%)

Stock	Volume
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	6,208,000 ▼ 0.00
Fauji Food (R) / Nov 30 Fauji Food Limited (R)(FFLR1)	5,595,000 ▼ 0.00
Byco Petroleum / Nov 30 Byco Petroleum Pakistan Limited(BYCO)	5,453,000 ▼ 0.00
G3 Tech. / Nov 30 G3 Technologies Limited(GTECH)	4,709,000 ▼ 0.00
Aisha Steel Mill / Nov 30 Aisha Steel Mills Limited(ASL)	3,706,000 ▼ 0.00
TRG Pak Ltd / Nov 30 TRG Pakistan Limited(TRG)	3,603,856 ▼ 0.00
F. Nat.Equities / Nov 30 First National Equities Limited(FNEL)	3,138,000 ▼ 0.00
Treet Corp / Nov 30 Treet Corporation Limited(TREET)	2,632,500 ▼ 0.00
Telecard Limited / Nov 30 Telecard Limited(TELE)	2,469,500 ▼ 0.00
TPL Properties / Nov 30 TPL Properties Limited(TPLP)	2,290,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 26	175.50
USD PKR Interbank Buying / Nov 26	175.30
USD to Japanese Yen / Nov 26	113.38
USD to Swiss Franc / Nov 26	0.92
Pound Sterling to USD / Nov 26	1.33
Euro to USD / Nov 26	1.13
UK LIBOR % / Nov 26	0.07

Stock	Volume
S&P 500 / Nov 26	4594.62
India Sensex / Nov 26	57107.15
Tokyo Nikkei / Nov 26	28751.62
Nasdaq / Nov 26	15491.66
Hang Seng / Nov 26	24080.52
FTSE 100 / Nov 26	7044.03
Dow Jones / Nov 26	34899.34
Germany DAX 30 / Nov 26	15257.04
France CAC40 / Nov 26	6739.73

Item	Value
Crude Oil / Nov 26	68.15
Karachi Cotton Assoc. / Nov 26	17680.00
Gold 10 Grams / Nov 26	100300.00
Gold Spot / Nov 26	1802.59
Cotton / Nov 26	111.78

NAB

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