World

Pakistani Supreme Court postpones hearing in major corruption case

2023.10.22 06:00



In a recent development, the Supreme Court has postponed the hearing against Abdul Hafeez Sheikh and Abdullah Yousuf to November 14, 2023. The Karachi accountability court adjourned the hearing following the Supreme Court’s decision on amendments to the NAB law.

Both Sheikh and Yousuf are accused of misusing their authority during their tenure in the PPP government. This misuse allegedly led to a software app development that resulted in a significant financial loss of $11.125 million to the national treasury. The severity of these charges led to their recommendation by the NAB Regional Board Karachi.

According to Dunya News, the Supreme Court ordered the delay of Dr Hafeez Shaikh’s NAB hearing. The accountability court, taking interest in this case, served Shaikh a notice and revived the reference following the Supreme Court’s landmark verdict restoring corruption cases. This action implicates him in a substantial national loss amounting to 11.125 million dollars.

This case represents a significant instance of alleged government corruption involving substantial financial losses to the government exchequer. As such, it is being closely watched by legal observers and the public alike. The next scheduled hearing on November 14 will be a crucial juncture in this ongoing investigation.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 103,022.60 3.78%
ethereum
Ethereum (ETH) $ 2,339.85 19.47%
tether
Tether (USDT) $ 1.00 0.03%
xrp
XRP (XRP) $ 2.39 8.01%
bnb
BNB (BNB) $ 638.56 3.99%
solana
Solana (SOL) $ 172.06 11.00%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.207116 12.62%
cardano
Cardano (ADA) $ 0.792946 9.75%
tron
TRON (TRX) $ 0.261338 4.35%
staked-ether
Lido Staked Ether (STETH) $ 2,339.97 19.35%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 102,905.57 3.59%
sui
Sui (SUI) $ 3.97 4.58%
chainlink
Chainlink (LINK) $ 16.18 8.60%
avalanche-2
Avalanche (AVAX) $ 23.42 11.85%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,803.08 18.82%
stellar
Stellar (XLM) $ 0.299372 9.05%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 12.79%
hedera-hashgraph
Hedera (HBAR) $ 0.200342 7.66%
bitcoin-cash
Bitcoin Cash (BCH) $ 415.10 1.02%
hyperliquid
Hyperliquid (HYPE) $ 24.64 14.10%
the-open-network
Toncoin (TON) $ 3.28 5.13%
leo-token
LEO Token (LEO) $ 8.73 0.69%
usds
USDS (USDS) $ 1.00 0.01%
litecoin
Litecoin (LTC) $ 99.15 8.32%
polkadot
Polkadot (DOT) $ 4.66 9.86%
weth
WETH (WETH) $ 2,343.45 19.77%
monero
Monero (XMR) $ 298.84 1.71%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,497.87 19.31%
pepe
Pepe (PEPE) $ 0.000013 35.58%
bitget-token
Bitget Token (BGB) $ 4.49 3.98%
pi-network
Pi Network (PI) $ 0.74077 19.07%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.03%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.15%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 103,059.61 3.83%
whitebit
WhiteBIT Coin (WBT) $ 30.33 3.66%
uniswap
Uniswap (UNI) $ 6.32 21.10%
bittensor
Bittensor (TAO) $ 429.96 7.95%
near
NEAR Protocol (NEAR) $ 2.92 16.72%
aptos
Aptos (APT) $ 5.67 11.81%
dai
Dai (DAI) $ 1.00 0.03%
ondo-finance
Ondo (ONDO) $ 1.03 10.94%
okb
OKB (OKB) $ 53.65 3.68%
aave
Aave (AAVE) $ 209.24 11.58%
susds
sUSDS (SUSDS) $ 1.05 0.01%
ethereum-classic
Ethereum Classic (ETC) $ 19.12 10.43%
crypto-com-chain
Cronos (CRO) $ 0.100954 6.39%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
official-trump
Official Trump (TRUMP) $ 14.22 16.45%
internet-computer
Internet Computer (ICP) $ 5.33 9.41%