Executive Director Nusrat Hussain told reporter that investigation against the former GM Saad Shah had been started and he had been suspended from the post till completion of inquiry.
During the meeting, the queries raised by the committee members regarding operations and working of the NICL
were duly responded.
processes at least 520,000 requisitions and more than 940,000 ordered tests.
Syed Qamaruzzaman Shah, the Chairman of Sindh Chamber of Agriculture is happy over the NICL
crop insurance scheme with a premium of 1.
Given their common parent company's minimal dividend requirements, both NAGICO and NICL
have been able to enhance capitalization through the retention of earnings.
He gave these remarks while presiding over a 3-member bench of SC during the course of hearing of the cases in respect of retired employees of NICL
including Riaz Ahmad Qureshi and Shamim Ahmad Toor Wednesday.
In another case, an investigation has been ordered against those individuals who were identified in the inquiry and allegedly misused their authority to create hurdles and hamper the investigation of NICL
Chairman of NICL
Board, Ameen Nadeem Karamat led the Board members.
The negative outlook on the ratings of NICL
reflects uncertainty relating to management's plans for existing liabilities and the adequacy of its predominantly long-tail reserves.
The Supreme Court had ordered NAB to launch an investigation against these individuals during the hearing of the NICL
Maarten with a dominant market share in the Netherlands Antilles, while NICL
is one of the leading insurers in several overseas markets.
MULTAN -- Former Prime Minister Syed Yousaf Raza Gilani on Friday refused to appear before an investigation team of National Accountability Bureau (NAB) in NICL
corruption case and said that he has immunity and no one can arrest him.