Tag Archives: Prize

PFF enhances prize money in PPL

The Pakistan Football Federation on the directives of its President Makhdoom Syed Faisal Saleh Hayat has increased the prize money for the Pakistan Premier League. He issued the directions in a meeting

Wimbledon prize money increased

LONDON – Wimbledon’s singles champions will benefit from a prize money rise taking their earnings to £1.1 million ($2.9 million) at the 2011 Championships, organisers announced on Tuesday. If men’s champion Rafael Nadal and women’s winner Serena Williams successfully defend the titles they won last year they will bank a cheque that represents a 10 percent rise of £100,000 on the £1 million prize awarded 12 months ago. Although the rest of the world continues to endure tough times as

Taylor Swift wins top prize at country awards

LAS VEGAS – Miranda Lambert won four prizes at the Academy of Country Music Awards on Sunday but lost the coveted entertainer of the year honor to Taylor Swift in a major surprise.
Swift, who picked up four nominations, had watched from her seat throughout the ceremony as rivals Lambert and Lady Antebellum went up to the stage.
She was stunned when her name was finally called for the final prize, a fan-voted honor.

Prize money for cricketers challenged in LHC

LAHORE – A petition was filed in the Lahore High Court (LHC) on Friday challenging Punjab CM Shahbaz Sharif’s Rs 0.5 million prize money for each player of the national cricket team from the provincial exchequer. Barrister Javed Iqbal Jaffrey filed the petition requesting the court to restrain the CM from misusing public money. He said that Shahbaz should give cash prizes to players from his own pocket, as he had no right to waste public money. Jaffrey said there was no need to oblige

Prize bonds being used to whiten money

ISLAMABAD – The unauthorised business of prize bonds is emerging as an illegal market in Pakistan and is also being used as a tool for whitening money. According to a report prepared by the Central Directorate of National Savings (CDNS), after the draw, so-called dealers collect winning bonds from the public for nominal service charges in case of small prizes and even on some premium in case of big prizes and pay them the prize money instantly. These winning bonds are then offered to