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Illustration by Radia Durrani Before it collapsed in 2019, the Dubai-based Abraaj was the world’s biggest private equity firm focused on emerging markets, with some $14 billion of assets under management. Its founder and chief executive, the charismatic Karachi-born Arif Naqvi now stands accused of unprecedented fraud and theft to the tune of $780 million. He is appealing an extradition order from London to the US, where he faces up to 291 years in jail. Two reporters associated with the Wall Street Journal, who first broke the story of problems at Abraaj, have penned a book detailing their investigations. The book, published internationally on July 8, is based on official indictments, on Abraaj emails that became a part of the court record and interviews with over 150 people, including 70 who worked for Abraaj. ....
ISLAMABAD: Pakistan Muslim League-Nawaz Vice President Maryam Nawaz on Wednesday said former judge Shaukat Aziz Siddiqui is being punished for speaking the truth. She stressed an independent inquiry. ....
ISLAMABAD: The government has transferred Wajid Zia from the office of Director General, Federal Investigation Agency and appointed Inspector General of Khyber Pakhtunkhwa Police Sanaullah Abbasi,. ....
Daily Times Says PPP is no longer a ‘priority’ Calls for independent inquiry of former IHC judge Shaukat Aziz’s statement in Supreme Court Institutions in Pakistan are used for political revenge Shehbaz advises PTI government to go home if it can’t deliver June 10, 2021 PML-N Vice President Maryam Nawaz on Wednesday said that since the PPP is not a part of the Pakistan Democratic Movement (PDM) anymore, therefore it is not a priority now, a private TV channel reported. “PPP is no longer a part of PDM, therefore, it should not be discussed now. PPP is neither my priority nor I have any competition with it,” Maryam said while speaking to media outside the Islamabad High Court. She said there are no differences in the PDM and everyone is on the same page. “We all share the same ideology and the parties in the PDM have the same position which Nawaz Sharif has,” she maintained. ....
ISLAMABAD: The government has transferred Wajid Zia from the office of Director General, Federal Investigation Agency and appointed Inspector General of Khyber Pakhtunkhwa Police Sanaullah Abbasi,. ....