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Imran Khan has been placed on a 10-day physical remand in relation to 9 cases that occurred on May 9.

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4 months ago

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Imran Khan, the founder of the Pakistan Tehreek-e-Insaf (PTI), has been placed in 10-day physical remand by the anti-terrorism court of Lahore. This action is in relation to 12 charges from May 9.

The remand is related to several cases filed against the PTI founder at different police stations, including Sarwar Road, Gulberg, Race Course, Shadman, Mughalpura, and Model Town.

Imran Khan was presented via a video link due to the prosecutor’s claim of ‘security concerns’ as the reason for not physically bringing him to the location.

During the court proceedings, the PTI founder presented his argument to the judge, asserting that his objective was to engage in nonviolent protest, notwithstanding the allegations made against him.

He stressed his appeal for a judicial investigation into the events of May 9 and urged the Chief Justice of Pakistan to intervene.

The PTI founder firmly stated that he has never encouraged or provoked violence throughout his 28-year career, completely denying any participation in the disturbances that occurred on May 9th. He highlighted inconsistencies in the CCTV footage and the handling of his requests.

Advocate Azhar Siddique, who is representing the PTI founder, presented arguments in favor of his client’s innocence, emphasizing the absence of evidence against him throughout Pakistan’s 72-year history.

The public prosecutor cited a video posted by the PTI founder on May 9, 2023, which is currently being examined for authentication.

Judge Khalid Arshad Malik promised to record the arguments and render decisions based on the legal merits of the case. Nevertheless, he expressed reservations over the PTI founder’s nonattendance in court, citing security justifications offered by the prosecution.

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Business

Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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Business

SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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