PESHAWAR: Sarhad Chamber of Commerce and Trade president Fuad Ishaq expressed concern over enhance in gasoline costs for the industries of Khyber Pakhtunkhwa province, together with textiles to Rs3176 per mmbtu below the blended gasoline coverage.

By imposing 80 per cent pure gasoline and 20 per p.c RLNG fee on KP, he demanded to withdraw 18 per cent gross sales tax on industrial sector because the province is surplus gasoline manufacturing, 

Talking at a joint press convention right here president of Sarhad Chamber of Commerce and Trade Fuad Ishaq and Chairman, Khyber Pakhtunkhwa Textile Mills Affiliation Kamran Shah right here on the chamber home on Monday stated it’s fully simply to impose extreme gasoline costs on Ok-P whereby gasoline manufacturing is surplus which was additionally sheer violation of the article 158 of the structure of the nation. 

Members of the enterprise group stated 50 p.c industries in KP have shut after imposition of the blended gasoline coverage in KP and RLNG fee, making not solely operating companies and industries troublesome however inconceivable within the province.  

In response to varied queries of the reporters, Fuad Ishaq stated that the overall gasoline manufacturing of KP is 550mmcfds in opposition to its consumption 200mmcfds, and imposition of the blended gasoline coverage on this province is very alarming.  

Not a single industrial gasoline connection was given to Khyber Pakhtunkhwa over the previous 13 years, opposite to that industrial gasoline connections have been offered in Punjab, which was tantamount of discriminatory angle, Fuad Ishaq added. 

In the course of the presser, Senior chief of the businessman discussion board, former senator Ilyas Ahmad Bilour, the SCCI senior vice chairman Sanaullah Khan, vice chairman Ijaz Khan Afridi, former presidents Riaz Arshad, Malik Niaz Ahmad, Faiz Muhammad Faizi, govt member Affaf Ali Khan, former chairman KPTMA Afan Aziz, KPTMA vice chairman Sikandar Kuli Khan Khattak, businessmen connected with textile sector embrace Irfan Moten, Ashaf Ahmad, Engr Ihsanulllah, Muhammad Shoaib, Engr Matiullah, Muhammad Ayub, Arifullah, Muhammad Safdar Khan, former vice chairman Abidullah Yousafzai, and Saddar Gul, Faiz Rasool, Fazl e Wahid, Ishtiaq Muhammad and others current. 

The businessmen stated imposition of the blended gasoline coverage with a ratio of 80/20 was fully unjust and in opposition to the structure of the nation.   

The KPTMA chairman stated the textile trade is the spine for the nation’s financial system. He knowledgeable that out of 15 textile models, seven have nearly shut in Khyber Pakhtunkhwa below the prevailing situation whereas remainder of industrial models have been run with capability of fifty per cent.

Moreover, he knowledgeable textile industries consumed solely 10mmfcds gasoline whereby the gasoline is surplus amount and consumption much less regardless of that discriminatory angle is being carried out by KP industries, which is very deplorable. 

Former president of the KPTMA, Afan Aziz, stated that after growing the costs and supplying gasoline at RLNG charges, the costs have now been doubled below the blended gasoline coverage, which is a whole injustice with Khyber Pakhtunkhwa. 

He stated that efforts are being made to deprive the province affected by terrorism of constitutional rights which may be very worrying and this discrimination needs to be stopped instantly.

Ilyas Bilour in response to a query of reporters stated it isn’t the responsibility of the enterprise group to battle with the federal government however we’d attempt to elevate problems with the group earlier than it and resolve them with mutual consensus and desk talks. 

He demanded of the federal government to make sure due constitutional rights to KP. He added Punjab can be our brother however there needs to be maintain the rights of smaller provinces. 

Fuad Ishaq to a query relating to any future line of motion or protest, replied that the enterprise group believes in unity, tolerance and concord and would at all times attempt to resolve points by negotiation with authorities and related authorities. 

He, nonetheless, urged the federal government to overview the huge gasoline worth hike and revise its determination in the very best curiosity of industries and the financial system of the nation.

ISLAMABAD: An Islamabad accountability court docket on Monday issued non-bailable arrest warrants for property tycoon Malik Riaz, former particular assistants to the premier Mirza Shahzad Akbar and Zulfi Bukhari, and three others within the reference filed in reference to the Al-Qadir Belief case.

Non-bailable arrest warrants have been additionally issued for Farhat Shahzadi, an in depth pal of the partner of ex-premier Imran Khan, lawyer Ziaul Mustafa Nasim, and Riaz’s son Ali Ahmed Riaz.

Final week, the Nationwide Accou­n­t­a­bility Bureau (NAB) had filed the reference towards Imran and 7 others, together with his spouse Bushra Bibi, in reference to the Al-Qadir Belief case.

The case alleges that Imran and Bushra Bibi obtained billions of rupees and land price lots of of kanals from Bahria City Ltd for legalising Rs50 billion that was recognized and returned to the nation by the UK throughout the earlier PTI authorities.

The reference filed by NAB alleged that Imran, who’s at present in jail, performed a “pivotal function in illicit switch of funds meant for the state of Pakistan into an account designated for the fee of land by Bahria City, Karachi”.

It additionally claimed that regardless of being given a number of alternatives to justify and supply data, the accused intentionally, with mala fide intention, refused to offer data on one pretext or one other.

Shahzadi, former particular assistants to the premier Bukhari and Akbar, lawyer Nasim, and property tycoon Riaz and his son have been additionally named within the reference.

In the present day, Islamabad Accountability Decide Muhammad Bashir issued a written order, which famous that Imran was already in judicial lockup and was introduced in court docket in reference to one other case — the cypher case.

He directed {that a} discover be issued to the Adiala jail superintendent, the place Imran is incarcerated, to supply the PTI chief on the subsequent listening to scheduled for December 6 (Wednesday).

On the similar time, the decide famous that Bushra Bibi had secured interim bail from the courts and directed that she learn to look on the subsequent listening to.

The opposite six suspects named within the reference, the decide stated, have been “said as at giant” and thus ordered that non-bailable arrest warrants be issued and studies be submitted on the subsequent date with out fail.

The order stated trial proceedings within the reference could be performed at Adiala jail or wherever these nominated within the case have been confined, as per a notification issued by the regulation ministry on November 14.

The reference stated the “accused […] got a number of alternatives to justify and supply data, however they intentionally, with malafide intention, refused to supply the data on one or the opposite pretext.

“Moreover, it’s established by means of their responses that they don’t have anything of their defence to rebut the above-mentioned allegations. Thus, all of them have dedicated an offence” underneath the Nationwide Accountability Ordinance (NAO).

It added that the investigation proceedings and findings up to now “established that accused individuals in connivance with one another have dedicated the offence of corruption and corrupt practices” as outlined underneath the NAO.

The reference stated Imran performed a “pivotal function” within the illicit switch of funds which have been meant for the state which finally benefited Riaz.

Akbar, a former particular assistant to the premier and Asset Restoration Unit chief, performed a “essential function” within the “unlawful design of the funds” which have been meant for the state, the reference stated.

Malik, the reference stated, had “actively aided, abetted and assisted and acted in conspiracy” with the opposite respondents for the diversion of funds earmarked for the state.

Bushra Bibi and Shahzadi additionally performed a “vital” and “essential” function within the “unlawful actions”, the latter additionally a “entrance lady” for Imran and his spouse, it stated.

The reference stated that it was “simply and correct” to proceed towards the eight suspects as there was “adequate incriminating proof” out there to justify the reference.

It pleaded that the eight suspects be tried and punished in accordance with the regulation by the court docket or some other to which the reference was entrusted.