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PIA to go under the hammer
Opinion

PIA to go under the hammer

The last leg of the incumbent government witnessed numerous policy decisions and legislations - one of them is the...
Updated 12 Aug, 2023 07:30am
Major win for Pakistan and PIA as Virgin Islands court unfreezes airline's assets
Pakistan

Major win for Pakistan and PIA as Virgin Islands court unfreezes airline's assets

  • The High Court of British Virgin Island has withdrawn its earlier decision to freeze Pakistan International Airlines assets in connection with the Reko Diq case.
  • In 2019, the Inter­national Centre for Settle­ment of Investment Disp­utes (ICSID), had announced a huge award of $5.976 billion against Pakistan in the Reko Diq case.
Published 25 May, 2021 11:11pm