KARACHI: President Dr Arif Alvi Tuesday said revival of country’s economy was the topmost priority of the present government.
He was talking to a delegation of businessmen, called on him in Karachi, a press release issued by media office of the presidency said.
He said the government was striving hard in that regard and results would be yielded soon.
He underscored that the government was taking feasible steps to ensure business and investment friendly environment as it was cornerstone for the economic progress and prosperity of the country.
He stressed the industrialists and businessmen to focus on export-oriented products as increase in exports was pivotal for the economic stability.
He said the country had been facing numerous challenges for past few years which had also affected the business community across the country.
He appreciated the services of business community towards the development of the country and hoped that they would continue playing their proactive role with the same zeal and zest in order to further uplift the economy of the country.
The delegation apprised the president regarding the functioning of district chambers and offered few recommendations for improving economic structure and business environment in the country.
The president assured the delegation of his full support.
NAB to investigate Nawaz in bullet proof vehicles matter
ISLAMABAD: An Accountability Court (AC) Tuesday permitted National Accountability Bureau (NAB) to meet convicted Nawaz Sharif in jail for an investigation related to personal use of bulletproof vehicles imported for South Asian Association for Regional Cooperation (SAARC) conference 2016.
AC-II Judge Arshad Malik heard the case. NAB pleaded that 34 bulletproof vehicles were purchased from Germany and imported without paying duty for the guests of the SAARC conference. However, 20 vehicles were used in the motorcade which had been kept in his and his daughter Maryam Nawaz’s personal use.
It further said the anti graft body had recorded the statement of Shahid Khaqan Abbasi, ex-principal secretary to prime minister Fawad Hassan Fawad and other officials. NAB said the foreign office officials had misused their powers in a matter of bulletproof vehicles.
Rawalpindi CPO visits Ramazan Sasta Bazaar
RAWALPINDI: City Police Officer (CPO) Capt (R) Muhammad Faisal Rana visited Ramazan Sasta Bazaar set up in Chungi no 22 to review the security arrangements, informed police spokesman here Tuesday.
CPO termed the security arrangements satisfactory, he directed to further enhance the security of Bazaars, mosques, Imambargahs and worship places to protect the people during the sacred month.
He directed the police officers to curb crime and to provide foolproof security to the masses during Ramazan.
He made it clear that it was the prime duty of the police to protect the lives and properties of the people.
He said that strict action would be taken against those who found negligent in performing their duties.
SC dismisses NAB appeal against acquittal of accused
ISLAMABAD: The Supreme Court on Tuesday dismissed the National Accountability Bureau’s (NAB) plea against acquittal of a bank cashier in a corruption case.
The trial court had awarded some 30 months imprisonment to a local bank cashier Sabir in 2008 over allegations of corruption and a failed attempt of robbery in the bank in 2004. The accused remained in jail for 34 months, four months extra in jail when he was acquitted by the Peshawar High Court (PHC) for lack of evidence. Later, NAB challenged his acquittal in the SC.
A three-member SC bench by Chief Justice Asif Saeed Khan Khosa and comprising Justice Sardar Tariq Masood and Justice Mazhar Alam Khan Miankhel, which heard the case, maintained the PHC verdict dismissing NAB’s appeal.
During the course of proceedings, the chief justice remarked that according to the high court verdict there was no solid evidence against the accused. He observed that bank branches prepared cash balance sheets on a daily basis.