Finance Minister Aurangzeb Reviews Pakistan’s Emerging Virtual Asset Framework During First Visit to PVARA
Finance Minister Muhammad Aurangzeb conducted his first official visit to the Pakistan Virtual Asset Regulatory Authority, receiving a detailed briefing on the country’s developing oversight framework for digital and virtual assets.
Lootah Proposes Shareholding Revision at Bank Makramah Following Capital Restructuring Milestones
Bank Makramah Limited’s sponsor, Nasser Abdulla Hussain Lootah, has proposed recalculating his shareholding following a major capital restructuring, urging the bank to align allotted shares with the current market price to support overall shareholder interests.
Saudi Pak Welcomes Muhammad Asghar as Senior Manager Compliance at Its Islamabad Head Office
Saudi Pak announces the appointment of Muhammad Asghar as Senior Manager Compliance, bringing extensive banking sector experience to strengthen the institution’s compliance and governance framework.
Audit Flags Serious Irregularities in National Bank of Pakistan’s Sale of UK Subsidiary to Bestway Group
Auditor General of Pakistan highlights major procedural lapses and undervaluation in National Bank of Pakistan’s divestment of its United Kingdom subsidiary, raising questions over transparency, compliance, and governance in a key state-owned financial transaction.
New Auditor General Faces Fallout from Pakistan’s ‘Most Expensive Typo’ in Audit Report
Pakistan’s newly appointed Auditor General, Maqbool Ahmed Gondal, inherits the controversy over an audit report that mistakenly cited Rs376 trillion in irregularities due to a typographical error, sparking criticism and raising questions over auditing practices.