• Download the Constitution of Pakistan
  • Advertise
WRITE FOR US
Economy.pk
No Result
View All Result
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
No Result
View All Result
Home Business

NAB to scrutinize the Roosevelt issue

by News Desk
October 13, 2020
in Business, Main, New, World
Reading Time: 2 mins read
Share on FacebookShare on Twitter

An inquiry over the issue of the closing of the Roosevelt hotel is going to hold. Justice Retired Javed Iqbal, the Chairman of the National Accountability Bureau (NAB) has noticed the ongoing issue and is soon going to inquire about it.

The accountability watchdog will also point out officials who allegedly showed "carelessness in performing their national duties" and failed to play a role in making the hotel into a profitable entity.https://t.co/E1iX4t6fED

— Dawn.com (@dawn_com) October 13, 2020

Previously, the official announcement from the Roosevelt hotel, a Pakistani property towering in the heart of Manhatten, was made that the hotel is going to get closed permanently.

Chairman National Accountability Bureau (#NAB) Justice (retd) Javed Iqbal has taken the notice of #roosevelthotel issue ordering an inquiry into the matter.#Pakistan https://t.co/04chjrFbEm

— Business Recorder (@brecordernews) October 13, 2020

On Monday, Ghulam Sarwar Khan, the Aviation Minister remarked that it was not intended by the Pakistani government to sell the Roosevelt hotel.

NAB Chairman takes notice of Roosevelt Hotel Closure in New York. NAB Rawalpindi team to probe the losses worth millions of dollars to this hotel & fix the responsibility.

— Zahid Gishkori (@ZahidGishkori) October 13, 2020

The hotel announced its permanent closure from October 31 on its website citing ‘current economic impacts’.https://t.co/Q9TIFKmrTA

— The Express Tribune (@etribune) October 13, 2020

However, finally, Chairman NAB has taken matters into his hands. Moreover, the chairman NAB has passed directions to the Director-General of the Bureau Rawalpindi for running an investigation on the shutting down of the archetypical Roosevelt Hotel.

Tags: NABNew YorkPIARooseveltRoosevelt Hotel
News Desk

News Desk

Related Posts

China's top scientist says India lying about Chandrayaan-3 landing

China’s top scientist says India lying about Chandrayaan-3 landing

Ouyang Ziyuan, a renowned Chinese scientist often referred to as the "father of China's lunar exploration program," has cast doubt...

The World's Longest Tunnel: A Marvel of Engineering Connecting Switzerland and Italy

The World’s Longest Tunnel: A Marvel of Engineering Connecting Switzerland and Italy

In the heart of the European Alps lies a testament to human engineering prowess and determination—the Gotthard Base Tunnel. Stretching...

Pakistan Stock Exchange Seeks Clarification from PIA on Privatization Plans

Pakistan Stock Exchange Seeks Clarification from PIA on Privatization Plans

The Pakistan Stock Exchange (PSX) has raised concerns and addressed a letter to Pakistan International Airlines (PIA) regarding the issue...

Pakistan Signs Free Trade Deal with Gulf Cooperation Council

Pakistan Signs Free Trade Deal with Gulf Cooperation Council

The Gulf Cooperation Council (GCC) and Pakistan have "initialized" a free trade deal, according to the GCC through messaging platform...

September inflation seen at 29-31pc

September inflation seen at 29-31pc

In Pakistan, inflation is expected to be about 29-31% in September, according to the Ministry of Finance's monthly report released...

Karachi's Port Qasim Makes History with Arrival of Its Biggest Cargo Ship, a Massive 355-Meter Vessel

Karachi’s Port Qasim Makes History with Arrival of Its Biggest Cargo Ship, a Massive 355-Meter Vessel

For the first time, Karachi's Port Qasim received a cargo vessel measuring 355 meters at one of its ports. For...

Next Post

Pakistan won major votes in the UN HRC

Please login to join discussion

Recent Posts

  • ICC Unveils Star-Studded Commentary Panel for the 2023 World Cup
  • China’s top scientist says India lying about Chandrayaan-3 landing
  • The World’s Longest Tunnel: A Marvel of Engineering Connecting Switzerland and Italy
  • Pakistan reach squash final in Asian Games 2023 for the first time in 13 Years
  • Pakistan Stock Exchange Seeks Clarification from PIA on Privatization Plans

Advertisement

Twitter

Economy.pk

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Categories

  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos

Privacy & Legal

  • Privacy Policy
  • Cookies

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • About
  • Advertise
  • Contact

© 2023 Economy.pk

No Result
View All Result
  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 Economy.pk