Archive for April, 2013

Govt slashes oil prices by upto Rs4.71

ISLAMABAD: Government on Tuesday announced that it will slash oil prices by up to Rs4.71 per litre from Wednesday, following a reduction in global oil prices.

While turning down the proposal of Oil and Gas Regulatory Authority (Ogra) to pass on full relief to the consumers, the finance ministry absorbed some impact in rate of petroleum levy to bring it to the budgeted level.

The rates of petroleum levy have been brought to the budgeted level as Rs10 per litre on petrol, Rs6 per litre kerosene oil, Rs8 per litre HSD and Rs3 per litre on LDO.

The price of petrol, the most commonly used fuel in cars, will be reduced to Rs97.59, down from the current rate of Rs102.30 per litre after a cut of Rs4.71 per litre.

The price of high-speed diesel (HSD), used mainly in transport vehicles and agriculture, will be reduced by Rs2.53 per litre to Rs106.06 per litre from Rs108.59 per litre.

Kerosene oil, used as fuel in remote areas where liquefied petroleum gas (LPG) is not available, will see a price reduction of Rs4.09 per litre. After the reduction, kerosene oil will be sold at Rs94.17 against Rs98.26 per litre.

The price of light diesel oil (LDO), used for industrial purposes, will fall by Rs4.22 per litre to Rs89.06 against Rs93.28 per litre.

Similarly, the price of jet fuels JP-1 and JP-8 will come down by Rs5.21per litre to Rs83.44 and Rs83.11 per litre respectively.

April 30, 2013 Posted Under: News update   Read More

Polls would be held as scheduled: Kayani

In the face of mounting attacks by the Taliban on politicians and election meetings, army chief Gen Ashfaq Parvez Kayani today said there should be no doubt that Pakistan’s polls would be held as scheduled as they could usher in “true democratic values”.

Addressing an event to mark the Youm-e-Shahada (Day of Martyrs), Kayani reiterated the army’s commitment to holding of free and fair elections.

He criticised those who contend that the campaign against terrorism is not Pakistan’s war and called for greater political consensus and a “clear policy” to tackle extremism and terrorism.

“Allah willing, general elections would be held in the country on May 11. There should be no doubt about this. This indeed is a golden opportunity which can usher in an era of true democratic values in the country,” Kayani said in his speech in Urdu to a gathering that included top military commanders.

Over the past few days, the banned Pakistani Taliban have carried out a string of bomb attacks in Sindh and Khyber-Pakhtunkhwa provinces that targeted liberal parties like the Awami National Party, Pakistan People’s Party and Muttahida Qaumi Movement.

The attacks, which killed some 40 people, heightened concerns about security for the polls.

Kayani said awareness and participation of the people, and not merely retribution, could “truly end this game of hide and seek between democracy and dictatorship”.

If people rise above “ethnic, linguistic and sectarian biases” to vote only on the basis of honesty, sincerity, merit and competence, there will be “no reason to fear dictatorship or to grudge the inadequacies of our present democratic system”, he added.

The army, he said, is committed to “wholeheartedly assist and support in the conduct of free, fair and peaceful elections; to the best of our capabilities and remaining within the confines of the Constitution”.

This support is only aimed at “strengthening democracy and rule of law”, he said.

April 30, 2013 Posted Under: News update   Read More

Court bans Musharraf from Pakistani politics

(CNN) — A court in Pakistan has banned former President Pervez Musharraf from politics for life.

Tuesday’s move — which can appealed by the controversial figure — is another barrier in the road block Musharraf faces as he tries to get back into his country’s political mix.

The ruling by the high court in Peshawar follows similar ruling from lower courts and the Election Commission.

Musharraf can pursue an appeal in the Peshawar court or take it to the country’s Supreme Court. There was no immediate comment from Musharraf’s camp.

National elections are scheduled for next month.

Musharraf resigned as president of Pakistan in 2008 after nine years in power and went into exile the following year, living in London and Dubai. He came back to Pakistan recently under heavy security.

After his return, Musharraf was placed in house arrest by an anti-terrorism court over allegations he illegally ordered the detention of judges in 2007. He denies the charges against him.

The ex-military strongman still has to face two other cases dating from his time in power.

The first relates to claims he did not do enough to protect the life of Benazir Bhutto — the first woman to be elected prime minister of Pakistan — before she was assassinated in 2007, weeks before an election in which she hoped to return to office.

Musharraf is also accused of ordering his troops to kill Nawab Akbar Bugti, a popular tribal leader, in the volatileprovince of Balochistan, in 2006.

April 30, 2013 Posted Under: News update   Read More

Musharraf’s lawyers refused entry to farmhouse

Former president Pervez Musharraf’s team of lawyers was refused entrance into his farmhouse which is serving as a sub-jail, Express News reported on Monday.

Musharrafreuters

Musharraf’s advocate, Ahmed Raza Kasuri addressed the media after the refusal.

“If we don’t speak to our client then how will we fight the case?” he questioned. “It is like going into a war without weapons.”

“Maybe our client has reservations against this three bench court. Earlier, we had asked for a full bench court minus the CJP [Chief Justice of Pakistan Iftikhar Muhammed Chaudhry],” he further said in reference to the proceedings of thecase.

“We appreciate that the CJP stepped down graciously from the bench.”

Kasuri also expressed his apprehensions regarding Musharraf being tortured.

“We demand his [musharraf’s] thorough medical examination from the CMH [Combined Military Hospital],” he said.
“We were issued orders, by the court, to meet him and we reached the farm house on time but were not allowed by the superintendant posted at the main gate,” he said.

Meanwhile, a petitioner has challenged the notification declaring Musharraf’s farm house as sub-jail. He has requested to move the former president to Adiala jail.

According to the petitioner, the farm house cannot be considered a sub-jail.

April 22, 2013 Posted Under: News update   Read More