Month: July 2020

ISLAMABAD: The federal cabinet has approved the appointment of Rahat Kaunain as the new chairperson of the Competitive Commission of Pakistan (CCP).  According to sources, the cabinet on Tuesday gave a go-ahead to the appointment of Rahat Kaunain Hassan, Mujtaba Ahmad Lodhi and Shumalia Lone as CCP members. It also okayed the Ministry of Finance’s proposal to appoint Kaunain as CCP chairperson.  Rahat Kaunain received her LLM degree from King’s College London, having focused her academic work on the law of international finance and international business transactions. Earlier, the finance ministry…

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ISLAMABAD: The National Accountability Bureau (NAB) on Friday decided to launch an inquiry against Sindh Energy Minister Imtiaz Sheikh over illegal allotment of land. According to NAB sources, the provincial minister was involved in allotting 30 acres of land in Korangi, Karachi. The PPP leader with the help of Board of Revenue officials caused a loss of millions of rupees to the national exchequer. An anti-corruption case was also registered against Imtiaz Sheikh in 2005 for land grabbing. Earlier on Tuesday, the NAB finalised reference against Pakistan People’s Party (PPP)…

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Sindh Energy Minister Imtiaz Ahmed Shaikh has said that the Sindh government is ready to assume the control of three power supply companies of the province, namely the K-Electric (KE), the Hyderabad Electric Supply Company (Hesco), and the Sukkur Electric Power Company (Sepco), if the federal government “is unable to manage the institutions of the energy sector in the country”. Speaking at a press conference on Monday, the minister said the federal government of Pakistan Tehreek-e-Insaf was doing “sheer injustice with the people of Karachi by subjecting them to a…

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Oil & Gas Development Company Limited (OGDCL) as operator with (56.45% share), Pakistan Petroleum Limited (PPL) (28.55%) & Government Holdings (Private) Limited (GHPL) (15%) in joint venture of Mela Drilling & Production Lease (D&PL) Block has successfully tested, completed, injected development well Mela # 07 into production stream. The Mela well is located in district Kohat, Khyber Pakhtunkhwa. The gas is being supplied into main grid of Sui Northern Gas Pipe Line network. The structure of Mela well # 07 was delineated drilled and tested using OGDCL’s in house expertise.…

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