Alibaba must face renewed lawsuit over IPO: U.S. appeals court NEW YORK (Pakistan Press Club) – A U.S. appeals court on Tuesday revived a lawsuit accusing Alibaba Group Holding Ltd (BABA.N) of defrauding shareholders by concealing a regulatory warning about counterfeiters that the Chinese online retailer had received shortly before going public. The 2nd U.S.…
Verdicts given on merit not prejudice: Chief Justice of Pakistan Pakistan Press Club KARACHI: The Supreme Court on Monday directed the Sindh chief minister and former city mayor to appear before the court over the government’s failure to supply potable water to citizens and lack of treatment of raw municipal and industrial sewage being discharged…
NAB seeks UAE’s legal assistance in cases against Sharifs Pakistan Press Club – ISLAMABAD: The National Accountability Bureau (NAB) on Thursday sought legal assistance from the United Arab Emirates (UAE) in cases against the Sharif family, a private TV channel reported. The NAB requested the UAE government for mutual legal cooperation against the Sharif…
Hudaibiya Paper Mills case: NAB, defending its excuse,to be in a quandary Pakistan Press Club ISLAMABAD: The National Accountability Bureau (NAB) has come out with a ‘tangible’ justification for not appealing against the 2014 decision of the Lahore High Court (LHC) in the Hudaibya Paper Mills case only to cover up its failure to…
Nowhere in world simple graduates are made regulatory body head: LHC Pakistan Press Club – LAHORE: Justice Shahid Karim of the Lahore High Court on Tuesday remarked that nowhere in the world, simple graduates were appointed as head of a large public regulatory institution except in Pakistan. “The world has been advancing while our…
Government trying to dilute accountability law: Imran Khan Pakistan Press Club – ISLAMABAD: Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Tuesday said the PML-N government was seeking to dilute the prevailing accountability law to save corrupt people. In his twitter account, he said: “In addition to strict enforcement of anti-corruption laws, in other societies…
SHC sets aside death sentence of Shahrukh Jatoi in Shahzeb murder case Pakistan Press Club KARACHI: The high-profile murder case of Karachi’s young boy Shahzeb Khan took a new dramatic twist Tuesday as Sindh High Court (SHC) set aside death sentence awarded to Shahrukh Jatoi and ordered retrial of the case. Convict Shahrukh Jatoi,…
Religious party chief announces to end sit-in after law minister’s resignation ISLAMABAD: The Islamist leader whose group clashed violently with Pakistani security forces and paralysed Islamabad for weeks called off the sit-in protest Monday after the law minister resigned, meeting its key demand. “On the assurance of the Chief of Army Staff, we are calling…
IHC grills Ahsan Iqbal on Faizabad dharna agreement Pakistan Press Club – ISLAMABAD: Interior Minister Ahsan Iqbal on Monday faced barrage of questions from Justice Shaukat Aziz of Islamabad High Court (IHC) over the agreement signed with the Faizabad protesters. The minister was summoned by the high court in Faizabad dharna case. He informed the…
Iqbal says Faizabad operation launched, stopped by local administration on IHC orders Pakistan Press News Desk – Islamabad ISLAMABAD: Interior Minister Ahsan Iqbal cleared on Sunday that the decision to launch the operation against the Faizabad sit-in was made by the local administration in light of Islamabad High Court orders. Speaking on Geo News program,…