Ajmal Jami in “Nuqta-e-Nazar” covered these topics:
A seven-judge bench of the apex court headed by Chief Justice Mian Saqib Nisar while hearing the suo motu case declared that as both the senators were holding dual nationalities at the time of filing their nomination papers for the upper house of parliament; therefore, they ceased to be members of the Senate under Article 63(1)(c).
Chief Justice Saqib Nisar also instructed Jahangir to submit the audit report within 15 days and said the court would like to send this issue to the National Accountability Bureau (NAB)”.
“A lot will come to the forefront during the investigation.”
However, Justice Nisar said the court would first wait for the audit to be completed and would then judge if there were any discrepancies in the project.
Arif Naqvi, the embattled founder of Dubai-based Abraaj Group, allegedly paid $20 million to businessman Navaid Malik for his assistance in securing cooperation of Sharif brothers for K-Electric sale, claims an article published in The Wall Street Journal (WSJ) on Tuesday.
The article alleges Malik was tasked with securing cooperation from Nawaz Sharif — former prime minister — and Shahbaz Sharif – former chief minister Punjab — to help Naqvi sell Abraaj’s stake in K-Electric. The Government of Pakistan owns a 24.6 per cent stake in the Karachi-based power utility.
After reviewing company documents and emails, WSJ claims that Omar Lodhi — partner at Abraaj — in October 2015 informed Naqvi of Malik’s assurance that former chief minister Shahbaz Sharif was “willing to give a strong endorsement” of the K-Electric deal to Chinese bidders.