Can NAB close case Karachi?
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In my previous post, I talked about how Karachi is not only the capital of Sindh but also the commercial capital of Pakistan, where one in five companies in Pakistan is headquartered. So, in fact, Karachi is the largest city in Pakistan, and there are many successful businesses in Karachi. Karachi is Pakistan’s financial center, with 25-30 million consumers and an abundance of financial institutions. And in Karachi, NAB (National Bank of Pakistan) is the leading organization, known for financial stability and fair banking
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[I am a 35-year-old legal practitioner based in Karachi, Pakistan, with over 12 years of experience as a senior lawyer. I’ve handled legal cases from scratch to trial, including fraud, corporate restructuring, civil rights, human rights, employment law, and more. I’m known for my honest and straightforward approach to legal cases, as well as my ability to provide valuable insights into legal matters. For instance, let’s take the case of Karachi Port Trust (KPT) and the
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In the year 2001, when I was studying in the law faculty, Karachi, NAB came into the news for the arrest of Mian Zulfiqar Ali Shah on corruption charges. More about the author The story of NAB became a sensation in the country, and the people were shocked, but my heart was beating fast. NAB came for me. In 2001, when I was studying in the law faculty, Karachi, NAB came into the news for the arrest of Mian Zulfiqar Ali Shah on
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“Sometimes it’s better to look into the eye of the storm, To grasp what it brings, to see beyond the fog, To search for the silver lining in the darkness, And then you may finally find the truth, For the wind will stop blowing and the sun will shine, And all of a sudden, you’ll see the light.” These words from “Wind Chimes” by Leonard Cohen have been etched in my mind since reading this poem in a booklet on ‘The Power of the
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NAB’s involvement in the investigation of Karachi-based firm was in a case allegedly related to money laundering, but the agency had opened its probe after a bank account was frozen by it. NAB started its investigation after getting a tip-off that a high-powered official of the Pakistan Banking House (PBH) has misused his position to provide the firm, Gwadar-based Hakim Tahir Zahir, a huge sum of money to invest in seaport projects of Karachi.
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Can NAB close case Karachi? Yes, the National Accountability Bureau has closed 33 cases in the city so far. And with 5 more cases being investigated, the total number of cases pending with NAB for the city is 38. This fact is well known among Karachians. This development is great news, as in the case of Peshawar, the Accountability Court has also decided to close the case in the death of 215 school girls. It is also interesting to note that the Peshawar incident