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Posts published in “Day: August 21, 2013

G-B Assembly: Resolution passed to condemn massacre of tourists, investigation officers

GILGIT: The Gilgit-Baltistan (G-B) Assembly on Tuesday unanimously adopted a resolution jointly condemning the murders of foreign tourists at the foot of Nanga Parbat in June and of investigation officials probing the incident in Chilas town on August 6. The resolution was tabled by a lawmaker of the treasury bench, Syed Raziuddin, on the second day of the current assembly session chaired by Speaker Wazir Baig. It demanded strict punishment for the perpetrators who “brought…

ADB poised to fund Bhasha Dam, says VP

ISLAMABAD: The Asian Development Bank (ADB) is on board and supportive of the construction of Diamer-Bhasha Dam. “We have now moved ahead and work to find a way to structure it and we are already looking at various models in this regard”, said Xiaoyu Zhao, Vice President (Operations-1) Asian Development Bank when he met the Finance Minister Senator Mohammad Ishaq Dar here on Tuesday, says a press release. Xiaoyu Zhao said that ADB is appreciative…

WB has agreed to finance Bhasha dam: Dar: By KHALEEQ KIANI in Dawn,Aug 21

ISLAMABAD: Finance Minister Ishaq Dar has claimed to have convinced the World Bank to finance the $14 billion Diamer-Bhasha dam. The willingness of a previously reluctant multilateral agency — the World Bank — to be part of a major transaction in Pakistan apparently marked a significant development towards launching of Pakistan’s top priority strategic project to overcome increasing energy and water shortages. The Asian Development Bank has also committed to become the lead finance manager…

AJK policeman arrested for links with Sikandar

by Shakeel Anjum  in The News, Aug 21 ISLAMABAD: The people engaged in the investigation of the Blue Area fiasco have arrested a head constable (HC) of Azad Kashmir Police who has links with Malik Sikandar, the gunman who kept the federal capital hostage for six hours on August 15. The sources claimed that HC Hassan Murtaza was an active member of a banned militant group and Malik Sikandar is also associated with the same…