Showing posts with label Legal Eagles. Show all posts

Sunday, 6 November 2016

Sanctity of holy places kept under consideration during raids: Sindh Rangers.

According to Rangers Sindh Spokesman, the pictures on social media by miscreants are aimed at creating hurdles in the operation carried out by Rangers.

Saturday, 5 November 2016

How Social Enterprises and Impact Investors Can Move the Needle to Achieve the SDGs

Last month the UNDP and Impact Hub organized the first Social Good Summit in Geneva, bringing together impact investors, international organizations and entrepreneurs to discuss how to scale up and finance impact-driven ventures to accelerate the implementation of the Sustainable Development Goals (SDGs).

There was a great appetite at the summit to exchange ideas. Investors were looking to meet with innovative ventures and discuss how to create a reliable pipeline of investable entrepreneurs. Bilateral and international agencies were eager to learn how to increase funding sources and leverage their resources to implement the SDGs. Not to mention the presence of five entrepreneurs, selected through the rigorous #Accelerate2030 programme, who hoped to identify partners and supporters to scale up their respective ventures.

SDGS ARE GOOD FOR BUSINESS, HOW DO WE PUT THAT IN MOTION?

Betting on social entrepreneurship to accelerate the implementation of the SDGs makes sense from an impact and a financial return perspective, but the sector requires both financial and non-financial support. To put it simply, entrepreneurs need to unlock three doors: finance, market and talent.

When asked about key impediments to growth, Verena Liedgens, CFO of Agruppa, sees the key challenge as professionalization. “Everything related to back office – accounting, HR and IT – is a barrier to scale,” she said. “Social entrepreneurs in Europe and the U.S. can at times access pro bono services. This is not the case in emerging markets where companies often don’t have the resources to buy them but need them to grow.”

A 2014 report from the Aspen Network of Development Entrepreneurs shows the value of incubators and accelerators providing early- and growth-stage companies with leadership skills, operational support and access to technology, and facilitating peer mentoring. The need to strengthen that part of the picture was certainly one of the main conclusions of the summit discussion on scale, as the demand for support exceeds largely what is freely available.

Friday, 4 November 2016

Dr Asim gets SHC bail on medical grounds.

KARACHI: Dr Asim Hussain was granted bail by the Sindh High Court (SHC) on Tuesday.

Bail was also granted to Anees Qaimkhani, Rauf Siddiqui and Usman Moazzam in the case pertaining to facilitating the media treatment of terrorists.

The SHC has directed accused in the case to submit their passports and they will not be allowed to travel abroad without the court’s permission.

The SHC has also directed the anti terrorism court to complete its proceedings in two months.

PTI cancels plan of Islamabad ‘lockdown’.

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has postponed its planned ‘lockdown’ of the federal capital on November 2.

During his address in Bani Gala, PTI chief Imran Khan told party workers to go home rest and reach Parade Ground tomorrow (Wednesday) at 2 PM where Youm-e-Tashakur (day of thanks) would be celebrated.

“We will gather one million people in Parade Ground tomorrow,” Khan said.

Khan stated that the protest had been called off as the Supreme Court had started investigation of Panama Leaks.

The PTI chief praised the Supreme Court for summoning a reply from Prime Minister Nawaz Sharif on November 3.

“I am glad the Supreme Court has directed the prime minister to present himself for accountability,” Khan said.

The PTI chief paid tribute to party workers, especially Pervaiz Khattak and his team.

PTI had announced that it will ‘lockdown’ Islamabad on November 2 to pressurize the prime minister to hold himself accountable for alleged offshore accounts owned by his family named in the Panama Papers.

The Islamabad High Court in its decision last week asked the PTI to keep the sit-in at a designated area and not block state machinery. However, the PTI remained adamant over staging the sit-in.

Other parties including the Pakistan People’s Party which initially formed joint opposition with the PTI had asked it to wait for the Supreme Court hearing.

Imran Khan sounded like a defeated captain

Raliways Minister Khawaja Saad Rafique said PTI chairman Imran Khan sounded like a defeated captain.

“Imran should first prove himself to be trustworthy,” Rafique said while speaking to media.

According to Rafique, the PML-N was evaluating what Imran Khan had said as he could not be trusted.

“We were heading towards what the Supreme Court did today,” Rafique said.

The federal minister added that if Imran Khan wants to go to Parade Ground he should contact Deputy Commissioner Islamabad.

Govt orders removal of containers

Following the PTI’s announcement, the government has ordered the removal of containers blocking streets in Islamabad.

The containers had been placed throughout the city in light of the PTI lockdown.

Imran, Nawaz agree to formation of commission

During proceedings of the Supreme Court, Prime Minister Nawaz Sharif and Imran Khan agreed to the formation of a commission to probe Panama Leaks.

The Supreme Court of Pakistan has asked parties in the Panama Leaks case to submit the Terms of Reference (ToRs) for the formation of the commission on November 3 when hearing of the case resumes.

COAS hails team for winning international military exercise.

RAWALPINDI: Chief of Army Staff (COAS) General Raheel Sharif met with Pakistan Army team which won Gold Medal in “Exercise Cambrian Patrol” held in UK from 14-23 October.

A total of 122 teams participated in the event known as one of the toughest patrolling test for military personnel.

COAS appreciated the team for their commendable performance in winning the medal and keeping Pakistan’s flag high.

Cambrian Patrol is physically challenging and arduous exercise which concentrates on teamwork for achieving the mission. The teams of 8 men carrying up to 40 kgs each crosses some of the most unforgiving mountainous terrain of mid-Wales, UK, amid tactical and technical challenges, testing leadership, self-discipline, courage and determination of the participants.

This is the third time Pakistan Army has won Gold in the Cambrian Patrol winning the competition last year as well.

Legal Eagles to fight Panama battle now.

ISLAMABAD: The Supreme Court of Pakistan has directed the Pakistan Tehreek-e-Insaf (PTI), Pakistan Muslime League Nawaz (PML-N) and other parties to submit written response on Thursday regarding finalisation of Terms of References (TORs) to form a commission to probe the issue of Panama Papers leaks.

A five-member larger bench of the Supreme Court headed by Chief Justice Anwar Zaheer Jamali heard the petitions submitted against Prime Minister Nawaz Sharif by Pakistan Tehreek-e-Insaf (PTI), Jamaat-e-Islami (JI) and Awami Muslim League (AML).

The apex court had earlier directed both the government and PTI to submit their comments after consulting with their respective leaderships on the formation of a commission and adjourned the hearing for two hours.

As the case hearing resumed, the government and Pakistan Tehreek-e Insaf expressed their consent for the formation of the commission.

The court asked the parties to present in writing their proposal for formation of the commission.

Chief Justice Anwar Zaheer Jamali said the commission will report to the Supreme Court, adding that it will hold powers equal to the apex court.

“We are determined to resolve this issue. We will solve it and we will solve it as soon as possible. Now the highest forum in the country in regards to dispute resolution has taken up this matter, so now you hold your positions, please restrain,” Justice Asif Saeed Khosa, one of the five judges hearing the case told the court.

The bench further made it clear that the court will settle the issue of TORs by itself if any party failed to respond.

PM WELCOMES SC DECISION

Speaking to reporters outside the Supreme Court, Minister for Defense Khawaja Asif said that Prime Minister Nawaz Sharif has openly welcomed the formation of the commission on Panama Papers. He said the Prime Minister wants early conclusion of the case.

Asif said the PML-N has whole-heartedly accepted the court’s orders and Pakistan Tehreek-e-Insaaf should also take back the protest call.

He reiterated that there is no justification of the protest following the court’s proceedings on the matter.

Minister for Railways Khawaja Saad Rafique expressed the confidence that the PTI leadership will show maturity and take back the protest call for return of normalcy to the country.

Counsel of PTI Hamid Khan in his remarks said the PTI agrees to the formation of the commission.

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