Tag Archives: Stance

Contradiction between Tariq Shafi, UAE officials’ stance, court told

Contradiction between Tariq Shafi, UAE officials’ stance, court told

ISLAMABAD: National Accountancy Bureau (NAB) Investigation Officer (IO) Muhammad Kamran Thursday informed the accountability court that there was a contradiction between the statements of Tariq Shafi and the reply submitted by United Arab

An optimistic stance

This is with regards to the article, ‘IKnomics – walking the PTI talk’, published on 29th December. First, we need to make sure of the credible promises for improvements and increases in

IMF stance troubles investors

KARACHI – Negative signals on the part of IMF added to the nervousness of investors compounding anxiety of various economic and financial issues particularly due to various taxation measures being weighed for likely implementation in the upcoming federal budget. Dampened morale was evident in today’s trading after foreign investors offloaded investment amounting to $4.4 million in yesterday’s session. Locals are wary of the economic outlook and remained cautious as volume shrunk to a

SC seeks government’s stance on status of PCO judges

ISLAMABAD – The Supreme Court on Monday directed the attorney general to submit by April 4 a written statement on behalf of the federal government on the constitutional status of a number of former judges of the superior courts who took oath under the Provisional Constitutional Order (PCO) in violation of a November 3, 2007 restraining order. A seven-member special bench of Chief Justice Iftikhar Muhammad Chaudhry, Justice Javed Iqbal, Justice Mian Shakirullah Jan, Justice Tassaduq

PNSC appointments contravene SC’s stance

KARACHI – The Ministry of Ports and Shipping has sent a summary to PM Secretariat for the appointment of Vice Admiral (r) Aslam Menai as the Chairman National Shipping Corporation (PNSC), and Vice Admiral (r) Azhar Shameem as the Director General Ports and Shipping.
It has been learnt that both are retired individuals and that the ministry’s effort to appoint them on critical positions is apparently against the directives issued by the Supreme Court of Pakistan (SC) for the

US special envoy reiterates US stance on Davis issue

ISLAMABAD – In his maiden visit to Islamabad, US Special Representative for Pakistan and Afghanistan Marc Grossman made clear that the release of arrested US citizen Raymond Davis was a must for the continuation of friendly bilateral ties. Grossman, who met President Asif Ali Zardari, Prime Minister Yousaf Raza Gilani and Army Chief General Ashfaq Kayani, raised the issue of Davis in each of his meeting, with a strong demand for his release coupled with words of caution that the

MOL takes strong stance on exploration

KARACHI – MOL, an integrated oil and gas group in Hungary, in its ‘Investor presentation March 2011’, indicated an aggressive stance for their exploration and development programme in Pakistan. The company’s stance would also yield positively on its domestic JV partners, particularly Pakistan Oilfields Limited (POL). The investor’s presentation reiterate MOL’s conviction in its hydrocarbon reserves in Pakistan, including Tal, Karak and Margala block in its key projects. The

SC seeks govt’s stance on legal status of PCO judges

ISLAMABAD – The Supreme Court on Monday sought the government’s stance on the legal status of PCO judges after non validation of November 3, 2007 actions by parliament.
A seven-member special bench of Chief Justice Iftikhar Muhammad Chaudhry, Justice Javed Iqbal, Justice Mian Shakirullah Jan, Justice Tassaduq Hussain Jillani, Justice Mian Saqib Nisar, Justice Sarmad Jalal Osmany and Justice Amir Hani Muslim was hearing intra-court appeals of dysfunctional and retired judges of

PPP seeks PML-N’s stance over Salmaan’s assassination

LAHORE – Pakistan People’s Party (PPP) has questioned Pakistan Muslim League-Nawaz’s (PML-N) credibility in the assassination of slain Punjab Governor Salman Taseer and asked its chief to issue a policy statement in this regard. Law Minister Babar Awan sought Nawaz Sharif’s policy statement on Friday by saying that PML-N chief should clarify his party’s stance over the killing of Punjab governor.
He was talking to the journalists after attending Mehfil-e-Milad held at the

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