Pakistan's Finance Minister Asad Umar steps down
Islamabad: Pakistan's Finance Minister Asad Umar, who was involved in extensive discussions with the IMF to finalise a bailout package for the cash-strapped country, quit the Cabinet on Thursday after Prime Minister Imran Khan expressed his desire to shift him to the energy ministry.
Umar, who recently returned from a trip to the US in which the details of Pakistan's next International Monetary Fund bailout were finalised, said he has obtained the prime minister's consent "to not take any cabinet position".
"As part of a cabinet reshuffle, prime minister desired that I take the energy minister portfolio instead of finance," Umar said. "However, I have obtained his consent to not take any cabinet position."
Prime Minister Khan-led government and Finance Minister Umar in particular have faced mounting criticism by opposition parties, members of the business community and citizens over the handling of the economic crisis.
On Monday, the Pakistani media reported that a major reshuffle was on the cards in the Finance Ministry.
However, Information Minister Fawad Chaudhry denied the reports of the reshuffle. "There is no truth in reports regarding changes in posts of federal ministers. The prime minister has the power to change ministers and the media should play a responsible role on this subject," he tweeted.
Cash-strapped Pakistan is seeking USD 8 billion from the IMF to bail itself out from a severe balance-of-payments crisis that threatens to cripple the country's economy.
Pakistan has so far received a total of USD 9.1 billion in financial aid packages from friendly countries like China, Saudi Arabia and the UAE during the current fiscal year.
Finance Minister Umar said earlier this month that a mission of the IMF would visit Islamabad soon after the spring meetings of the World Bank Group, which includes the IMF, and an agreement should be signed by the end of this month
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Goa nightclub fire: Owners Saurabh and Gaurav Luthra fled to Phuket after tragedy, say police
Panaji (PTI): Saurabh Luthra and Gaurav Luthra, the main accused and owners of the Goa nightclub where a massive blaze claimed 25 lives, fled to Phuket hours after the tragedy, Goa Police said on Monday.
"Goa Police have taken further steps to coordinate with the Interpol Division of the CBI to apprehend both Saurabh and Gaurav Luthra at the earliest," a senior police officer said.
A massive fire at the nightclub, some 25 kilometres away from Panaji, on late Saturday night killed 25 persons. The deceased comprised 20 employees of the nightclub and five tourists, including four from Delhi. Five injured people were undergoing treatment at the government-run Goa Medical College and Hospital (GMCH).
After registering an FIR against them, a Look Out Circular was issued against them by December 7 by the Bureau of Immigration (BOI) at the request of the Goa Police.
The Bureau of Immigration at Mumbai was contacted, and it was found that both the accused had taken the 6E 1073 flight to Phuket at 5.30 am on December 7, immediately after the fire incident, which occurred around midnight, the officer said.
READ ALSO: Goa nightclub fire: Owner Saurabh Luthra expresses grief, assures management support
He said the Goa Police had immediately dispatched a team to Delhi to conduct raids on the addresses of the accused Gaurav and Saurabh Luthra.
"Since they were not available, a notice under the appropriate sections of law was pasted on the gate of their house. This shows their intent to avoid the police investigation", he said.
Goa Police have obtained transit remand of Bharat Kohli, an employee of the club, and are bringing him to Goa.
He also said that the postmortem on all 25 deceased has been completed and bodies handed over to their families.
