Kerry - Lugar Bill heats up the political atmosphere in Pakistan

2009-10-09 03:04:37 (GMT) (Caymanmama.com - Pakistan News News)

Latest Pakistan news of October 8, 2009 in passing

Pakistan military commanders discuss Kerry Lugar bill - express concern over various clauses
Security forces kill Fazullah top aide - the militant carried a bounty of Rs.10 million
Cases against former President Musharraf and PM - Shaukat Aziz in sight for killing of Nawab Akbar Bugti
Pakistan steel mills losses - Supreme court of Pakistan orders probe into steel mills affairs
Stocks move up by 193.39 points at Karachi Stock Exchange

Pakistan military commanders discuss Kerry Lugar bill - express concern over various clauses

Islamabad (Dawn.com): Believing that certain clauses in the Kerry-Lugar bill that pronounces addition $1.5 billion non military aid to Pakistan effects Pakistan’s national security, the corps commander after reviewing the details of the bill expressed serious concerns. Later, the corps commanders issued a statement through ISPR expressing their concerns over the Kerry-Lugar bill.

Security forces kill Fazullah top aide - the militant carried a bounty of Rs.10 million

Mingora (Dawn.com): Militant leader and top of Fazullah, for whom a price money of Rs.10 million had been announced, died in a clash with the security forces. The militant leader’s son was arrested by the security forces. Another 10 militants were also arrested from the region.

Cases against former President Musharraf and PM - Shaukat Aziz in sight for killing of Nawab Akbar Bugti

Quetta (Dawn.com): Nawab Akbar Khan Bugti, the Balochistan leader and a well known figure’s death issue surfaced once again with the Balochistan High Court ordering the police to register a case against the former President Pervaiz Musharraf, the former Prime Minister - Shaukat Aziz and the former Interior Minister - Aftab Ahmed Khan Sherpao and other for their involvement in killing the Baloch leader.

The interior minister of Pakistan - Rehman Malik - told the media that red warrants for those named in the first information report would be issued once the investigation prove that the Nawab Bugti was killed on the direction of the former president.

Pakistan steel mills losses - Supreme court of Pakistan order probe into steel mills affairs

Islamabad (Dawn.com): A loss of Rs.22 billion reported by the Steel Mills of Pakistan citing Global recession as the reason was the loss was shunned by the Pakistan Supreme Court. The Steel Mills affairs come into lime light after the sacking of the Chairman of the Steel Mills by the Prime Minister of Pakistan and an article that appeared in the local news papers written by Dr. Ayesha Siddiqa stating that according to the new sales policy of Pakistan Steel Mills the beneficiary are Metropolitan, Amreli, Abbas Engineering, Al-Abbas Steel and Abbas Steel.

The Article mentions that the chairman of Pakistan steel mills, Moeen Aftab Sheikh was sacked without been given a show cause notice.

Stocks move up by 193.39 points at Karachi Stock Exchange

Karachi (Business Recorder): The bulls ruled the Karachi Stock Exchange. The trading session started with a positive note the stock moved up by 246.86 points. Later, with the investors offloading the shares, the share price index started to drop but managed to stay at 193.39 points with 9,836.50 points on board.

Kerry - Lugar Bill heats up the political atmosphere in Pakistan

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Kerry - Lugar Bill heats up the political atmosphere in Pakistan

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