Apex court to temporarily invest dam fund in NBP

Dawn | Jun 14, 2019 at 7:01 AM
  • The Supreme Court on Thursday finally ordered the investing of over Rs10.6 billion collected so far in donations for the Diamer-Bhasha and Mohmand dams in the National Bank of Pakistan (NBP) for about a week.
  • The court however decided to invest the funds in the NBP till finalisation of the interest rate for investment in the treasury bills.
  • Later, the Lahore High Court’s Multan Bench commuted the sentence of principal accused Abdul Khaliq to life sentence and acquitted the abettors involved in the gang-rape.