PARIS (AFP) - French ministers lining up to publicly declare their personal assets are sparking a revolution in political thinking in France, where experts say it is often easier to talk about sex than money.Under new measures aimed at restoring public confidence in politicians after a major tax ...

MULTAN - As the scrutiny of nomination papers submitted by the political leaders is underway, details of assets they posses have started coming out. The prominent political figures like Pakistan Tehreek-e-Insaf (PTI) President Makhdoom Javed Hashmi, PTI Vice Chairman Shah Mehmood Qureshi, former ...

ISLAMABAD - The Election Commission of Pakistan (ECP) on Thursday issued the list of assets declared by the former members of National and Provincial Assemblies.Former MNA Noor Alam Khan of the PPP was declared as the richest MNA with over Rs 32 billion worth of assets and Rs 10 million worth of ...

RAWALPINDI – A special judge of the anti-narcotics court on Tuesday issued notices to the accused and their family members in Ephedrine smuggling case asking them to give their defence against seizure of properties by Anti-Narcotics Force (ANF). ANC special judge Mehmood Tabassum directed the ...

The court has ordered for freezing the assets of Ali Musa Gilani and Makhdoom Shahabuddin the accused in the ephedrine quota case.According to Media Reports, Anti-Narcotics court was hearing the ephedrine quota case here on Tuesday.The court also ordered for freezing the assets of Fauzia Gilani and ...

PESHAWAR - The Bank of Khyber’s assets increased by Rs 68 billion in 2011, showing growth of 35pc over the assets of 2010, says a Press release.This was disclosed by Bilal Mustafa, Managing Director BoK, during BoK 111th Board of Directors (BoD) meeting at Civil Secretariat, Peshawar. The ...

ISLAMABAD - The assets and bank accounts of Dr Shakeel Afridi and his family have been sealed, a private TV channel reported on Friday.Shakeel Afridi had allegedly helped to conduct a phony polio vaccination campaign at the behest of the CIA to secure the DNA of Osama bin Laden and his family, ...

LAHORE  - The Bank of Khyber (BoK) assets reached Rs.68 billion as of 31st December 2011. This was stated by Bilal Mustafa, Managing Director BoK, while inaugurating BoK Annual Manager’s Conference-2012.The Annual Manager’s conference 2012 was held to review the operational ...

TEHRAN  - Iran on Tuesday denounced as "an antagonistic move" a tightening of US sanctions targeting Tehran's central bank and giving US banks new powers to freeze Iranian government assets, and said it would have no impact.In further defiance of world pressure on Iran to curb its nuclear ...

TRIPOLI  - Libya has received roughly $20 billion in assets that were held overseas by Muammar Gaddafi's regime and frozen during the conflict that ousted him, the country's foreign minister said on Tuesday. An estimated $150 billion (117 billion euro) of Gaddafi's overseas assets were frozen ...

The federal cabinet met over power industry issues, but in the same session also approved the Federal Government (Amendment) Bill, under which civil servants would have to declare their assets. This measure would apply to all federal government employees, including members of the superior judiciary ...

LONDON (Aitain has frozen the assets of five Iranian nationals accused by the United States of involvement in a plot to kill the Saudi ambassador to Washington, the Treasury said Tuesday. The assets of the five who include two people formally charged by US authorities over the case were frozen ...

RAWALPINDI - An anti-terrorism court (ATC) here on Saturday, while accepting the plea of Begum Sehba Musharraf, issued notice to the government and Federal Investigation Agency (FIA) here on Saturday. Begum Sehba Musharraf, wife of former President General (Retd) Pervez Musharraf, had filed an ...

PESHAWAR - The Oversight Committee on Implementation of the 18th Constitutional Amendment unanimously decided on Thursday to approach all the national and international forums to seek return of the Khyber Pakhtunkhwa assets and antiques. This decision was taken in a meeting of the Oversight ...

ISLAMABAD - A three-member bench of the Supreme Court on Tuesday striking down the trial court verdict against Ghani-ur-Rehman, former provincial minister Khyber Pakhtunkhwa and tehsil nazim Hangu, ordered the National Accountability Bureau to hand over assets to his legal heirs. Waseem Sajjad, who ...

RAWALPINDI - Wife of former president and military dictator Sehba Musharraf on Friday submitted an application with anti-terrorism court seeking release of the confiscated properties and accounts of her spouse in Benazir Bhutto Assassination case. She said that the orders against her husband ...

LONDON (AFP) - Britain and France said Wednesday they were seeking a new United Nations resolution to unlock frozen Libyan assets in a bid to deliver urgently needed funds to the anti-Gaddafi rebels as the United States requested an urgent meeting of the UN Security Council on Wednesday to discuss ...

ISLAMABAD The National Assembly (NA) on Monday revealed that 27 parliamentarians, including NA Speaker Dr Famida Mirza, Interior Minister Rehman Malik and Finance Minister Hafeez Sheikh, have assets abroad. Among the 27 parliamentarians are ten senators, said Federal Minister for Law, Justice and ...

KARACHI - The State Bank of Pakistan has stated that the capital structure of some of the smaller banks reported a considerable improvement in October-December, 2010, primarily on account of three mergers and the formation of Sindh Bank. At the same time, the SBP has observed that there are around ...

ISLAMABAD - Dr Hafeez Pasha, member Economic Advisory Council, on Saturday said that the federal government can not impose tax on assets according to the constitution of the country, which empowered the provinces to impose taxes on assets. The government was working to impose tax on the assets from ...

ISLAMABAD - In order to preserve the cultural heritage of Khyber Pakhtunkhwa, the United Nations Educational Scientific and Cultural Organisation (UNESCO) has developed National Database for Pakistans Cultural Assets - a Geographical Information System (GIS). Through this project we hope to develop ...

PESHAWAR - The assets of the Bank of Khyber (BoK) have reached Rs.51billion by the end of December 2010, showing the confidence of the customers. This was stated by Managing Director of BoK Bilal Mustafa while inaugurating BoK Annual Managers Conference 2011 held here on Monday. It aimed to review ...

ABIDJAN/BRUSSELS (Reuters) - The European Union raised pressure on Saturday on Ivory Coast leader Laurent Gbagbo to step down, freezing assets of the West African countrys cocoa-exporting ports, its state oil firm and three banks. The latest move in international efforts to persuade Gbagbo to quit ...

LONDON (AFP) - BP said Tuesday that it will sell most of its Pakistan assets to Britain-based firm United Energy Group, as part of sales to pay for the Gulf of Mexico oil spill. BP announced that it has entered into an agreement to sell almost all of its exploration and production assets in ...

KARACHI - Al Meezan Investment Management Ltd., the largest Shariah compliant asset management company in Pakistan, has achieved another milestone of having assets under management of over Rs. 25 billion. In 2003, when we launched our first open end fund Meezan Islamic Fund, total assets under ...

LAHORE (PR) - Al Baraka Islamic Bank Pakistan (AIBP), the branch operations of Al Baraka Islamic Bank (AIB) Bahrain, a subsidiary of Al Baraka Banking Group (ABG) Bahrain, and Emirates Global Islamic Bank (Pakistan), have successfully merged their operations under the name of Al Baraka Bank ...

KARACHI - The assets of the Islamic banking industry have grown by 10.7 per cent to Rs411.1 billion during the second quarter (April-June) of the current calendar year from Rs312.6 billion in the previous quarter (January-March) of this year. The deposits, which remained the key source of IBIs ...

ISLAMABAD PILDAT, an NGO that issued the report regarding the assets of Parliamentarians, has stated in a letter that its analysis is based on the declarations about assets made by MNAs themselves, which the ECP publishes every year. PILDAT neither attempts to verify the information provided by ...

KARACHI - The Oil and Gas Development Company Limited (OGDC) is not planning yet to buy the local assets of British Petroleum. The company believes that the deal is not viable in the near term when it is facing liquidity constraints. The company has already acquired 4 new exploration blocks during ...

KARACHI - State Bank of Pakistan Governor Syed Salim Raza has said that total assets of Islamic banking industry have grown to Rs 323 billion till September 2009 while their deposits reached Rs 245 billion due to active support of the central bank. Speaking at a function held at a local hotel in ...