Tag: financial dispute

  • Property dealer shoots himself allegedly due to financial dispute in Rawalpindi

    Property dealer shoots himself allegedly due to financial dispute in Rawalpindi

    A property dealer identified as Arshad Jamal has reportedly taken his own life by shooting himself in Rawalpindi.

    The video in which he is seen committing suicide has been widely shared which brought attention to the case, and the police launched an investigation.

    The video footage shows the dealer, sitting in the office of another property dealer within a housing society, inquiring about a particular individual to an office boy. Upon receiving an unsatisfactory response regarding the person’s whereabouts, the dealer takes out a gun from his bag, places it against his temple, and presses the trigger, resulting in instant death.

    The police, under the supervision of Rawat police station SHO Muhammad Zulfiqar, gathered evidence and transferred the deceased to a medical facility, reported The Express Tribune.

    SHO Rawat confirmed that a preliminary report has been initiated based on statements from Gulfam Shehzad, the nephew of the deceased.
    According to the nephew’s statement, the deceased Arshad Jamal had contacted him before the incident, mentioning a financial dispute with another man named Sheikh Tayyab amounting to Rs300 million.

    The video is disturbing and so for obvious reasons we are just including the image from the CCTV footage.

    A preliminary report has been lodged to dig deep into this matter.

  • PIA struggles to stay afloat as fuel shortage forces cancellation of 349 flights  

    PIA struggles to stay afloat as fuel shortage forces cancellation of 349 flights  

    Over the past two weeks, Pakistan International Airlines (PIA) has been compelled to cancel 349 flights due to a severe fuel shortage, underscoring the challenges faced by the financially struggling national carrier.

    According to a spokesperson, these flight cancellations, which began on October 14, have affected both domestic and international routes, causing significant inconvenience to passengers. 

    PIA has issued a statement confirming that daily flight rescheduling is ongoing, but without specifying the expected duration of this crisis. Flight schedules are being adjusted based on fuel availability, as mentioned in the statement. 

    This situation has arisen from an ongoing financial dispute between PIA and the Pakistan State Oil Company (PSO). PIA alleges that PSO has suspended its credit line for fuel and is now requiring daily advance payments before supplying the necessary fuel. 

    PIA has emphasised its efforts to manage its funds and has indicated that the return to regular flight schedules depends on the availability of financial resources. 

    To keep affected travellers informed, PIA has outlined its priority destinations once flight operations resume. Canada, Turkey, China, Malaysia, and Saudi Arabia are expected to be among the first countries to be reconnected. 

    However, PIA’s flights to Europe and the UK have remained suspended since 2020 following the revocation of the national carrier’s authorization by the European Union’s Aviation Safety Agency due to the pilot licence scandal.