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Ayaz Khan Niazi

Sindh High Court grants bail to 11 in NICL corruption case

KARACHI: Sindh High Court (SHC) on Friday granted bail to 11 accused including former chairman of National Insurance Company Limited (NICL) Ayaz Khan Niazi in a corruption case. A bench of the SHC directed Niazi and others to deposit one million rupees each in court as surety. The court also remarked that if Niazi and other accused are arrested in other references, their bail in this case would not extend to those cases. Earlier, the defence counsel informed before the bench that the National Accountability Bureau…

These Pakistani politicians, businessmen named in Paradise Papers

KARACHI: The International Consortium of Investigative Journalists (ICIJ) leaked a fresh series of 13.4 million documents naming some Pakistani politicians and business tycoons among the most influential people around the world involved in stashing money abroad through their investments in offshore tax havens, ARY News reported on Monday. The Paradise Papers shedding light on how two firms; Bermuda’s Appleby and Singapore’s Asiaciti Trust, help the global rich and powerful move their money abroad, hitting headlines…