Bank of Punjab (BoP) Scandal: Karamdad Bhatti Arrested

Bank of Punjab (BoP) Scandal: Police on Sunday arrested Karamdad Bhatti from Hafizabad in the Bank of Punjab (BoP) scandal. The accused is accomplice of Hamesh Khan, the former BoP president and principal accused in a Rs 9 billion loan scandal. The Bank of Punjab (BoP) had granted a loan of Rs 9 billion to the Haris Steel Industries (HSI) without fulfilling the legal requirements and the HSI subsequently defaulted on the loan.

The police claim that Bhatti was a proclaimed offender in the case. On the other hand, Bhatti alleged that his arrest was a violation of the court orders as the Lahore High Court (LHC) had issued a stay order in the case.

He said that his arrest was unlawful and he would resort to the LHC against it. On September 27, 2007, the National Accountability Bureau (NAB), Punjab, had filed a reference in an accountability court against 12 people, including six officials of the Bank of Punjab and six other accused of Rs 9 billion fraud.

Court jails Israel ex-president Katsav for rape

TEL AVIV: Israeli former president Moshe Katsav faces at least eight years in prison after he was convicted Thursday of two counts of rape for assaulting a former employee, a Tel Aviv court said.

The verdict, which also found Katsav guilty of sexually harassing a second employee, caps a four-year process that saw the former president resign his post and spurn a plea deal that would have cleared him of the rape charges.

Musharraf never consulted Q on NRO, Benazir: Ch Zaheer

Rebuffing former president Gen (r) Pervez Musharrafs remarks vis-a-vis NRO and the subsequent deal with Benazir Bhutto, Opposition Leader in Punjab Assembly Chuadhry Zaheerudin of PML-Q on Thursday said that the former had not taken his party into confidence in this respect.
Talking to media in Lahore, Zaheer stated that Musharraf promulgated NRO because he was empowered at that time.
However, he added that PML-Q did not let him (Musharraf) to legislate it into law, as the Assembly did not ratify it.
When Musharraf was accompanied by good people, he speak out good; but now the way he speaks, shows his company, Zaheer said.

Musharraf never consulted Q on NRO, Benazir: Ch Zaheer

Rebuffing former president Gen (r) Pervez Musharrafs remarks vis-a-vis NRO and the subsequent deal with Benazir Bhutto, Opposition Leader in Punjab Assembly Chuadhry Zaheerudin of PML-Q on Thursday said that the former had not taken his party into confidence in this respect.
Talking to media in Lahore, Zaheer stated that Musharraf promulgated NRO because he was empowered at that time.
However, he added that PML-Q did not let him (Musharraf) to legislate it into law, as the Assembly did not ratify it.
When Musharraf was accompanied by good people, he speak out good; but now the way he speaks, shows his company, Zaheer said.

Castro says attack on Iran can cripple US

HAVANA: Fidel Castro, the former leader of Cuba in one interview said that a US attack on Iran would be crippling to the invading country.

Read the original here:
Castro says attack on Iran can cripple US

Bosnians march in memory of Srebrenica massacre

NEZUK, Bosnia-Herzegovina: Over 5,000 people are starting a 68 mile (110 kilometer) march along mountain paths in Bosnia to commemorate the Srebrenica massacre.

Original post:
Bosnians march in memory of Srebrenica massacre

Georgia claims it has world oldest person

TBILISI: Authorities in the former Soviet republic of Georgia claim a woman from a remote mountain village is turning 130, making her the oldest person on Earth.

Read more: 
Georgia claims it has world oldest person

Meryl Streep to play Margaret Thatcher

LOS ANGELES: Meryl Streep is in talks to reteam with her Mamma Mia! director for Thatcher, a biopic of the former British prime minister.

See the rest here: 
Meryl Streep to play Margaret Thatcher

Lara replaces Chitranganda

MUMBAI: The Smita Patil lookalike, Chitraganda Singh, who was supposed to star in David Dhawan’s son Rohit Dhawan’s directorial debut Desi Boyz, has been replaced by the former beauty queen the effervescent actress Lara Dutta.

Continued here:
Lara replaces Chitranganda

Sialkot visa not issued to Sania; valima likely in Lahore

KARACHI: Pakistan High Commission has issued visa to Sania Mirza for Lahore and Karachi only, therefore, she will have to seek special permission from the Pakistan Interior Ministry to visit Lahore after her marriage with Shoaib Malik.

The Valima reception is expected to be held in Lahore, as she has not received visa for Sialkot.

Next Page »