Thursday, November 4, 2010

Geo436.com blog: SC rejects plea to halt Pak. Steels corruption case

Geo436 Staff Report

ISLAMABAD: The Supreme Court of Pakistan has rejected the plea, made by the counsel, to halt the corruption case of Pakistan Steels.

The Chief Justice of Pakistan Iftikhar Muhammad Chaudhry resumed the hearing of Pakistan Steels' corruption case on Wednesday.

The counsel, Fakhrudding G Ibrahim, pleaded the Supreme Court to halt the hearing of the case because Pakistan Steels is facing rupees one billion's loss every month.

He argued that the investigation has dropped the production to 40 percent. He added that even the Scotland Yard has failed to stop such white-collar crimes.

The Chief Justice expressed annoyance over the arguments of the counsel and said in his remarks that it is a matter of rupees 26 billions' corruption, how shall the hearing be halted.

"No one is ready to tackle the influential wrongdoers and the


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