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National Bank of Pakistan (NBP) CEO Saeed Ahmed

Saeed Ahmed’s removal as president National Bank justified, IHC rules

ISLAMABAD: The removal of Saeed Ahmed as the president of National Bank of Pakistan (NBP) was declared justified by the Islamabad High Court (IHC) on Monday. The high court announced its verdict rejecting the petition of former president NBP against his dismissal from the post of president of NBP. According to law, the high court observed, a reference was filed against Saeed Ahmed on the allegations of money laundering for former finance minister Ishaq Dar, "considering that the accused should have tendered his…

Court rejects NBP president’s plea for acquittal in Dar’s assets case

ISLAMABAD: An accountability court in the federal capital on Tuesday rejected a request by National Bank of Pakistan (NBP) President Saeed Ahmed for acquittal in a supplementary reference pertaining to the assets case filed against former finance minister Ishaq Dar.  Accountability Judge Muhammad Bashir dismissed through a short order an application moved by the NBP president calling for quashment of the reference. He adjourned the hearing of the case till March 27. Saeed Ahmed moved the application in the court…

PM’s sons Hussain, Hassan Nawaz fail to appear before JIT

ISLAMABAD: Prime Minister Nawaz Sharif’s sons, Hussain Nawaz and Hassan Nawaz, on Wednesday failed to appear before the Joint Investigation Team (JIT) probing against the Sharif family in the Panama Papers case. Both sons of the prime minister will summoned to appear on Thursday. All arrangements were made and a heavy police contingent was deployed outside the judicial academy. However, both brothers failed to turn up before the JIT. The JIT headed by Federal Investigation Agency (FIA) additional director general Wajid…