Chd Mukhtar’s Rs4.6 billion loan in PIA’s name exposed

By Kalbe Ali

The central bank has reported to the Election Commission of Pakistan (ECP) that former defence minister Chaudhry Ahmed Mukhtar had obtained loans worth more than Rs4.6 billion from banks in the name of Pakistan International Airlines (PIA).

But it appears that SBP has ignored the fact that the PIA is under the defence . . . →Read More:Chd Mukhtar’s Rs4.6 billion loan in PIA’s name exposed

Gauging PPP’s 5 year performance

Is third time really a charm in Pakistani politics?

Democracy has been a tough challenge for Pakistan. In its 65 years of history,the democratic process has been hijacked four times by military coups. When elected governments did manage to acquire power,they failed to complete their term. This time was different. This time a . . . →Read More:Gauging PPP’s 5 year performance

Fasten your seatbelts

The Bhoja air crash was yet another crash in Pakistan’s history. Yet again we saw the deaths of innocent lives. Yet again we saw looting at the site of the crash. Yet again we saw politicians making this an opportunity to point fingers to the CAA,the airline,the government and their political rivals. But . . . →Read More:Fasten your seatbelts

PIA’s purchase of aircraft engine raises alarms

The purchase by Pakistan International Airlines of an aircraft engine at a cost of $2.8 million has set off whispers about financial impropriety,Dawn learnt on Wednesday.

Sources in the PIA said rules and regulations laid down by the Pakistan Procurement Regulatory Authority (PPRA) were not being met in the purchase of overhauled engine of . . . →Read More:PIA’s purchase of aircraft engine raises alarms

Corruption and govt interference have brought PIA down

Senators from both the treasury and opposition benches observed on Monday that the national flag carrier is going from “bad to worse with every passing day.” However,they could not succeed in convincing Defence Minister Ahmed Mukhtar to announce a ‘specific policy’ to control the multi-billion losses in Pakistan International Airlines (PIA).

. . . →Read More:Corruption and govt interference have brought PIA down

Surveys show Pakistan to be one of the most corrupt nations in the world

Surveys by various agencies continue to strengthen the perception that Pakistan is one of the most corrupt countries in the world.

The Transparency International Pakistan that has been conducting detailed exercises since 2002,has concluded in its latest National Corruption Perception Survey 2011 that land administration and police are the two most corrupt departments in . . . →Read More:Surveys show Pakistan to be one of the most corrupt nations in the world

Pakistan’s most Corrupt Departments this year

Land and property and police remained the two most corrupt departments of the country in year 2011,while education and military remained the two least corrupt departments during the said year,the National Corruption Perception Survey 2011 announced by Transparency International Pakistan (TIP) revealed on Wednesday.

. . . →Read More:Pakistan’s most Corrupt Departments this year

TI asks SC to look into PIA’s irregularities

ISLAMABAD:The Supreme Court has been requested to take suo moto notice of the shabby affairs of Pakistan International Airlines (PIA) as the airline is following the steps of Pakistan Railways and is in loss of Rs144 billion with deliberate default of payment of repairs,causing grounding of 12 plans and fabricating excuse for buying . . . →Read More:TI asks SC to look into PIA’s irregularities

State Owned Enterprises:Can we pull them out of the black hole?

Just last year,Transparency International rated Pakistan as the 34th most corrupt nation in the world. Corruption has spread like a wild fire across the country consuming all public and private sectors. Recently,a corruption case against Nawaz Sharif was dismissed where it was alleged that he allotted land to his friends. Supreme Court asked . . . →Read More:State Owned Enterprises:Can we pull them out of the black hole?

Quaid-e-Azam Trophy:Imran hits ton as HBL take 52-run lead against PIA

Imran Farhat struck a fine century as Habib Bank Limited (HBL) reached 280 for the lost of 8 scalps in their first innings in reply to Pakistan International Airlines’ (PIA) 228 on the second day of their five-day Quaid-e-Azam Trophy final at National Stadium here on Friday. Imran made 109 off 172 balls. His knock . . . →Read More:Quaid-e-Azam Trophy:Imran hits ton as HBL take 52-run lead against PIA