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ECC agrees to sell old PASSCO wheat stock

[ Further Rs30m lost due to loss of interest income, Rs15m overspent on salaries. PHOTO: REUTERS ISLAMABAD: The government has decided to clear liabilities of banks and employees of the Pakistan Agricultural Storage and Services Corporation (Passco) by disposing of the old stored wheat through competitive bidding. Passco has been holding stocks of imported wheat … Read more

SHC orders govt to withdraw MPO notification

KARACHI: The Constitutional Bench of the Sindh High Court (SHC) has ordered the provincial government to withdraw the Maintenance of Public Order notification, terming it unconstitutional and in violation of established legal principles. The bench gave the order while hearing petitions filed against the “preventive detention” of PTI workers on Tuesday. The counsel for the … Read more

Afridi hits back at Centre over graft

. K-P CM Sohail Afridi. Photo: Screengrab PESHAWAR: Khyber-Pakhtunkhwa Chief Minister Sohail Afridi, responding to federal criticism over the disbursement of Rs4 billion to families displaced from Tirah Valley, on Tuesday turned the spotlight back on the Centre. He cited an International Monetary Fund (IMF) “charge-sheet” reportedly identifying Rs5,300 billion in corruption at the federal … Read more