Tag: fraud

  • ‘Imran Niazi lies day and night, he is a fraud’: PM Shehbaz

    ‘Imran Niazi lies day and night, he is a fraud’: PM Shehbaz

    Prime Minister (PM) Shehbaz Sharif Thursday called out Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, terming him the “biggest fraudster”.

    “I can swear to God he [Khan] is a fraudster and has tried to create rifts in important institutions of Pakistan,” he said while addressing a press conference.

    “I’m finally saying this today that the entire Opposition has been vindicated by God. And Imran Khan — who lies day and night — is a fraudster […] he had isolated the nation and played with it. He attacked the army and tried to create divisions,” the Premier said, mincing no words.

    Shehbaz stated that the government wanted to show Imran’s “true face” to the nation. “The decision will be taken by you through the vote,” he reminded the public.

    Recalling the no-confidence motion

    Narrating the incidents that happened during the time of the no-confidence motion back in April, the premier said, “Let’s go back to April 3 when voting was to be held on the no-confidence motion and everybody knows the incidents that took place on that day. But I just want to narrate what exactly happened on that day.”

    “I just want to tell you what happened that day. Before the voting [of the no-trust vote], the information minister at that time (Fawad Chaudhry) stood up and read a statement saying that a conspiracy was devised against the government […] its links were with a foreign power and the Opposition has brought about this motion.”

    “On this, Suri sahab refused to allow the voting process to take place without even taking the Opposition into confidence,” PM Shehbaz went on to say, adding that the “hues and cries of the Opposition were ignored.”

    Within no time, Imran came on television and announced the dissolution of National Assembly (NA). “Twenty minutes later, the president approved the summary.”

    This was the basis of the conspiracy that Imran has been playing along with for the past five months and wasting the nation’s time, PM Shehbaz said. “Due to this game, Pakistan’s relations with the biggest powers of the world have been compromised,” he insisted.

    He recalled that “baseless allegations” were levelled at several government leaders during this time. “You can say whatever you want, but calling someone a traitor […] there is no bigger conspiracy than it.

    “On the floor of the NA, I said that if God forbid this conspiracy was proved against me or the coalition, then the nation has the right to hang me.”

    Taking a jibe at President Dr Arif Alvi, the premier said that the president who takes days and weeks to approve summaries, including the one regarding the appointment of governor Punjab, passed the summary regarding the dissolution of assemblies within 20 minutes.

    ‘Cipher can’t be decoded’

    The premier said that the cipher — which Imran claims contains details of a foreign conspiracy to oust him from power — can’t be decoded by the government.

    “If it is, then all the cables from all embassies can be leaked or stolen,” he reasoned.

    “Imran himself doesn’t know where it is.But his audio leaks have proven that there were four people behind the so-called conspiracy. What other evidence do you need,” he demanded.

    The PM also revealed that the cabinet had decided to probe the audio leaks, adding that an investigation into the matter had already begun. “We will tell the nation [the findings] with complete transparency.”

    Audio leaks have revealed Khan’s truth

    Referring to the recent audio leaks, the premier said, “He can be heard saying that this is a game […] they can be heard saying that minutes of the meeting should be made up according to their wish.

    “The country’s honour was sabotaged in such a manner that no such example is found in history […] this is nothing less than treason,” Shehbaz said, claiming that Imran played a “serious game with the country”.

    “Tell me, is there any doubt after this that who was behind the conspiracy,” he asked.

    Shehbaz said that two days after the PMO audio leaks, an ambassador from a friendly country came to meet him at the Prime Minister’s Office. “I had a discussion with him after which he highlighted that now no one would feel safe talking at the PMO.”

    This, he continued, was not just a huge loss for the government but a loss that the nation would have to bear for decades to come.

    Khan tried to divide the armed forces of Pakistan

    PM Shehbaz also alleged that Khan tried to divide the armed forces of Pakistan.

    “The army has rendered great and unparalleled sacrifices,” he said.

    Indirectly referring to a business deal worth £190 million, the premier termed it the “biggest robbery in the history of the country”.

    “A million pounds means around Rs5 billion have been robbed,” he added.

    ‘Army chief’s appointment as per Constitution’

    The prime minister asserted that the appointment of the next army chief in November,will be done as per the Constitution.

    “It [the appointment] has a process in the law and Constitution and the decision will be taken according to that.”

    Country will be destroyed if Khan comes to power again

    PM Shehbaz warned that if Khan once again comes into power, the “country will be destroyed”. The premier further added that the PTI chief has time and again defamed Pakistan.

    “Is telling lies, committing frauds, and hatching conspiracies his [Khan’s] patriotism and leadership?” he asked, adding that a person who says he is perfect dies his own death.

    “I am a sinner but I will never lie to the nation,” he said, adding that if he lies, the nation can hold him accountable.

    ‘Mian he will bring prosperity along with him’

    Shedding light on Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif’s return, he said: “When Mian will come, he will bring prosperity along with him.”

  • Offices of illegal housing society sealed by CDA

    Offices of illegal housing society sealed by CDA

    The Capital Development Authority’s (CDA) Planning Wing sealed the management offices of an illegal housing society along the Islamabad Expressway on Thursday, preventing the sale, acquisition, and transfer of plots.

    Since neither the layout design for this housing society was approved nor the management received an NoC, the planning division of the CDA has already declared all stages of this housing society to be illegal.

    Along with physically shutting the office, CDA’s Director of Regional Planning also issued a letter in this regard, according to The News.

    According to the letter, despite warnings about the housing society’s management’s illegal behaviour, the management proceeded to sell and transfer plots, which prompted the authorities to take enforcement action.

    Due to violations of the CDA Ordinance 1960, ICT Zoning Regulations 1992, and ICT Building Control Regulations 2020, the housing society’s offices have been sealed.

    The PTCL, Islamabad Electric Supply Company, and Sui Gas Northern Gas Company have also been advised by the CDA planning wing not to offer their services during all stages of the private housing society.

    A dozen unauthorised housing societies in the Rawalpindi district were also sent notifications by the Rawalpindi Development Authority (RDA) in a similar development.

    New Metro City, Smart City, Prism Town, Capital Valley, Life Residencia, Seven Enclave, Manan City, Lake View City, Faha Fatima, Park Zameen Town, Hawks Melbourne City, and Kashmir Valley have all received notices from RDA’s Metropolitan Planning and Traffic Engineering (MPTE) Directorate.

    The Punjab Private Housing Schemes and Land Subdivision Rules 2010 were used to issue the notices. These societies have been requested by the RDA to produce mortgage deeds, surrender deeds, and NOCs. Otherwise, they will be the target of legal action.

  • Musk sued for stock manipulation during Twitter takeover bid

    Musk sued for stock manipulation during Twitter takeover bid

    The most controversial billionaire Elon Musk has been sued by Twitter Inc shareholders, who claim he manipulated the company’s stock price downward, as the CEO of electric carmaker Tesla Inc mounts a $44 billion buyout offer for the social media platform.

    According to the investors, Musk saved $156 million by failing to disclose that he had acquired more than 5 per cent of Twitter by March 14. They requested class certification and an unknown amount of punitive and compensatory damages.

    They also named Twitter as a defendant, claiming the company owed them an investigation into Musk’s behaviour, though they are not seeking monetary damages from the company.

    As per the lawsuit, filed on Wednesday in San Francisco federal court, the investors claimed Musk continued to buy stock after that and eventually disclosed in early April that he owned 9.2 per cent of the company.

    “By delaying his disclosure of his Twitter stake, Musk engaged in market manipulation and purchased Twitter stock at an artificially low price,” the investors, led by Virginia resident William Heresniak, claimed. Requests for comment were not immediately returned by Musk or his lawyer.

    The recent drop in Tesla’s stock has put Musk’s ability to finance his acquisition of Twitter in “major jeopardy,” according to the investors, because he has pledged his shares as collateral to secure the loans he needs to buy the company.

    Tesla’s stock was trading around $713 per share on Thursday afternoon, down from over $1,000 in early April. According to the Wall Street Journal, the timing of Musk’s disclosure of his stake has already triggered an investigation by the US Securities and Exchange Commission (SEC).

    The SEC demands any investor who purchases more than 5% of a company’s stock to disclose their assets within 10 days of crossing the limit.

    The investors also claimed that Musk’s public criticism of the company, such as a May 13 tweet stating that the buyout was “temporarily on hold” until Twitter proved that spam bots accounted for less than 5% of its users, amounted to an attempt to drive the share price even lower.

    Musk pledged an additional $6.25 billion in equity financing to fund his bid for Twitter on Wednesday, indicating that he is still working to close the deal.

    Earlier this month, the tech mogul was sued in Delaware Chancery Court by a Florida pension fund, which sought to halt the transaction on the grounds that some other large Twitter shareholders were supporting the buyout, which is a violation of Delaware law. The lawsuit filed by Heresniak does not seek to halt the takeover.

  • Shopkeepers fined in Islamabad for not adhering to DC rates

    Shopkeepers fined in Islamabad for not adhering to DC rates

    On April 27, special teams led by the Islamabad Capital Territory (ICT) administration issued fines of up to Rs40,000 to shop owners for overcharging consumers.

    During surprise raids conducted by magistrates and assistant commissioners, shops from several marketplaces were penalised, according to an ICT administration spokesperson.

    Irfan Memon, the Deputy Commissioner of Islamabad, said the administration was enforcing strict adherence to the rate list of food goods in marketplaces during Ramadan in order to prevent profiteering.

    He stated that strict action was being taken against racketeers in the federal capital and that violators were being fined heavily on the spot for overbilling. During the holy month, he claimed, daily price-checking would continue unabated.

    After investigating 628 shops across the city, officials sealed five shops and arrested 12 vendors, according to details.

    Read more: Pakistan’s energy crisis worsens, resulting in ten hours of load shedding

    The AC secretariat inspected dairy, poultry, and milk shops, as well as general stores, bakeries, and fruit and vegetable shops, for quality, general hygiene, expired products, and compliance with notified pricing and the exhibition of the DC rate list of necessary commodities.

    Three merchants were detained for refusing to exhibit the rate list and overcharging, while others who broke the law were fined and warned.

  • Shilpa and Shamita’s mother Sunanda Shetty lands herself in another legal trouble

    Shilpa and Shamita’s mother Sunanda Shetty lands herself in another legal trouble

    Bollywood actress Shilpa Shetty’s family once again lands in legal trouble. After her husband and businessman Raj Kundra was arrested in the alleged distribution of p*rn films, the actress’ mother Sunanda Shetty has been issued a warrant from a court. Scroll down to know more.

    Metropolitan Magistrate (Andheri court) has issued a bailable warrant against Shilpa’s mother in a case related to alleged non-repayment of a loan of Rs 21 lakh. It was issued after a businessman filed a cheating case against her over non-repayment of the loan amount.

    As per the news agency PTI report, Shilpa Shetty, Shamita Shetty and their mother Sunanda Shetty challenged the summons before the sessions court. While sessions judge AZ Khan stayed the magistrate’s order against Shilpa and Shamita, their mother Sunanda did not get any relief.

    Shilpa Shetty, Shamita Shetty & Their Mother Summoned By Court As They Fail To Repay A 21-Lakh Loan, Asked To Appear By Month End!

    The court also said that Shilpa’s late father Surendra Shetty and Sunanda seemed to be partners in his firm but no documents were submitted to prove that their daughters were partners too and had any concern with the loan.

    Metropolitan Magistrate Court on Tuesday refused to grant exemption from appearance to Sunanda Shetty and issued a bailable warrant against her. Advocate Zain Shroff of Y & A Legal, who represents the plaintiff Parhad Amra, has alleged that Surendra Shetty borrowed money from him in 2015 and it was supposed to be repaid by January 2017, but was never repaid.

    Bollywood star Shilpa Shetty and her entrepreneur mother Sunanda Shetty have been booked in an alleged fraud case in Lucknow, India.

    Two FIRs have been lodged at two different police stations in Lucknow and the police has intensified investigation in both the cases against the Apne actor and her mother.

    A police team from Lucknow is also expected to arrive in Mumbai to questioning Shilpa and Sunanda in the alleged fraud case. The Baazigar diva runs a wellness chain, where her mother is a director and she herself is the chairman of the company.

    Shilpa Shetty Fitness App| Yoga Body, Mind, Nutrition & Diet

    It is alleged in the FIRs that the two took millions from two people to open a branch of a wellness centre however, the promise was never fulfilled.

    DCP (East) Sanjeev Suman said that the investigation officer, in this case, will leave for Mumbai to question actress Shilpa and Sunanda. He will examine all the points in this matter.

  • Shehbaz Sharif, son were focus of UK’s money-laundering investigation

    Shehbaz Sharif, son were focus of UK’s money-laundering investigation

    The United Kingdom’s (UK) anti-corruption force National Crime Agency (NCA) told the Westminster Magistrates’ Court on December 19, 2019, that it needed Assets Freezing Orders (AFO’s) to initiate a high-profile investigation into former Punjab Chief Minister Shehbaz Sharif and his son Suleman Sharif to “prove or disprove” their alleged involvement in money-laundering, fraud, corrupt practices and misuse of public office for the purposes of money-laundering, reports Murtaza Ali Shah for The News.

    It was reported in November last year that the NCA has ended a major money-laundering investigation into Shehbaz Sharif and his son Suleman without any further action and unfreezing of the assets after finding no evidence of criminal conduct, money-laundering and abuse of public office. It was then claimed by Prime Minister (PM) Imran Khan’s adviser on accountability Shehzad Akbar that Shehbaz Sharif was not part of the investigation because his name was not part of the Order that set aside the AFO’s.

    The NCA told the court: “This application is in respect of funds held in the name of or associated to, Suleman Shahbaz Sharif and Shehbaz Sharif (officer note: frequently referred to as Shehbaz Sharif/Shahbaz Sharif).”

    The NCA said it suspected that the money that was transferred to Carter Ruck’s account was “in fact deemed to be associated to Suleman Sharif”. After the court granted AFO’s to NCA, further steps were taken to seek access to Shehbaz Sharif’s accounts at Barclays Bank and Habib Bank’s London branch as part of the “Frozen Funds” investigation.

    The NCA officer told the court it suspected that “the funds which are intended to be frozen are derived from this criminal conduct in Pakistan, namely accrued from the Sharif Group or by Shehbaz Sharif during his time as Chief Minister of Punjab. I suspect that this represents an active attempt by Shehbaz Sharif and Suleman Sharif to launder the proceeds of their criminality into the UK”.

    In introducing to the court who Shehbaz Sharif and Suleman Sharif were and why it intended to investigate them for the alleged criminal conduct of money-laundering, the NCA explained to the judge that Shehbaz Sharif is a “Politically Exposed Person (PEP) and has held a series of political appointments in Pakistan from the early 90s onwards, including president of the PML-N, Chief Minister of Punjab, and leader of the opposition provincial assembly of the Punjab”.

    It’s pertinent to mention that the NCA relied heavily on Daily Mail’s article by David Rose dated July 14, 2019, which he had published after visiting Pakistan for several days where he was given access to detainees who allegedly did money-laundering for the Sharifs.

    David Rose had claimed: “Britain’s National Crime Agency is working closely with Pakistani investigators and Home Secretary Sajid Javid is discussing the possible extradition of members of Shahbaz’s family who have taken refuge in London.”

    Shehzad Akbar had confirmed to David Rose in the same article: “We are working closely with the National Crime Agency and the Home Office. We are grateful for this assistance and we hope it will ensure that theft and money-laundering of this magnitude will never happen again.” The NCA told the court: “The Assets Recovery Unit  (ARU) was created by PM Imran Khan to assist in the recovery of criminal assets to the state of Pakistan. This letter has confirmed that Shehbaz Sharif is currently under investigation by the National Accountability Bureau (NAB), Pakistan’s autonomous federal and anti-corruption agency, and was granted bail by the Accountability Court on February 14, 2019.”

    The NCA informing the court why it’s working with the ARU on these cases, said: “The ARU was created by PM Imran Khan under the leadership of his accountability advisor, a barrier and member of the Pakistan cabinet. The ARU was created to break down inter-agency barriers, combine in one pace the discrete powers of the federal agencies; and, prioritise asset recovery in the interests of the govt of Pakistan. The unit is formed of representatives from the NAB, FIA, FBR, and the State Bank of Pakistan.”

    The NCA investigation continued into Shehbaz Sharif for almost two years as the NCA went back nearly 15 years to investigate Shehbaz Sharif’s accounts and financial affairs and found no evidence of criminal conduct or fraud. The investigation was shut down in November 2021 after the NCA failed to establish that Shehbaz Sharif and his family were involved in any kind of wrongdoing, effectively giving Shehbaz Sharif a clean chit.

  • Shehbaz involved in Nawaz leaving fraud, bring him back or face investigation says, Fawad Chaudhry

    Shehbaz involved in Nawaz leaving fraud, bring him back or face investigation says, Fawad Chaudhry

    Federal Minister for Information and Broadcasting Fawad Chaudhry, while addressing a press conference after a cabinet meeting, said that Pakistan Muslim League-Nawaz’s (PML-N) supremo Nawaz Sharif is not seeking medical treatment for the past 17 months.

    “Shehbaz Sharif was the guarantor of Nawaz Sharif,” said the minister.

    “The drama of Nawaz Sharif’s health was created here,” said Fawad, adding that Nawaz went out of Pakistan through fraud.

    Fawad further stated that the High Court ordered that Nawaz Sharif would remain in touch with the Pakistani embassy in London, adding, “the Pakistan embassy contacted Nawaz twice, but he did not respond.”

    “[PML-N President] Shehbaz Sharif is involved in this fraud. According to his statement, Shehbaz Sharif should take steps to bring Nawaz Sharif to Pakistan,” said Fawad.

    “The Federal Cabinet has decided to approach the High Court on the false affidavit of Shehbaz Sharif,” said the minister.

  • Celebs express anger at Talha Talib being conned

    Celebs express anger at Talha Talib being conned

    Pakistani weightlifter and Olympian, Talha Talib, was conned by a fraudster who posed as a personal assistant to a federal minister and said that the minister wants to gift him a car after his success at the Tokyo Olympics 2020.

    The conman asked him to receive the vehicle after submitting registration and freight charges in a particular bank account.

    As per reports, Talha Talib was asked to pay Rs323,000. After the sportsman’s father came to know about the fraud, he reported the crime at the Citizen’s Portal.

    Celebrities including Aijaz Aslam, Xarnish Khan and Mathira expressed their anger at how people took advantage of an already struggling sportsman.

    Photo via Diva Magazine

    Mathira commented under a social media post, “This is sad.”

    Photo via Diva Magazine

    Read More: Fans gush over Pakistani Olympian Talha Talib’s hot picture

    It was not just Talha who was conned but mountaineer Shehroze Kashif was also reportedly looted by a conman.

    Shehroze Kashif’s father says the conman asked them to make a payment of Rs285,000. Kashif’s father lodged a complaint with the FIA.

  • Man arrested for taking girlfriend’s exams, dressed as woman

    Man arrested for taking girlfriend’s exams, dressed as woman

    A Senegalese student has been arrested on the charges of fraud after allegedly posing as a woman and sitting for his girlfriend’s high school exams, his lawyer told AFP on Tuesday.

    The girlfriend has also been detained.

    Both are due in court in the West African country on Thursday, on charges of fraud and complicity in the fraud, lawyer Serigne Ndiongue said. The suspects are contesting the charges.

    Photo via AFP

    According to the prosecution, the university student moved to the central city of Diourbel in order to take his girlfriend’s baccalaureate exams on her behalf.

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    Photos circulating on social media showed the student wearing a red dress and a black shawl.

    Local media reported that supervisors caught him on the third day of the exams after noticing something wrong with his attire. They then reported him to the police.