{"id":71091,"date":"2018-07-10T19:02:09","date_gmt":"2018-07-10T14:02:09","guid":{"rendered":"https:\/\/tns.world\/?p=71091"},"modified":"2018-07-10T19:02:09","modified_gmt":"2018-07-10T14:02:09","slug":"psx-chairman-terminated-over-his-alleged-involvement-in-money-laundering-case","status":"publish","type":"post","link":"https:\/\/tns.world\/?p=71091","title":{"rendered":"PSX Chairman terminated over his alleged involvement in money laundering case"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Islamabad, July 10 (TNS): Hussain Lawai has been terminated from the office of chairman of the Pakistan Stock Exchange with immediate effect.<\/p>\n<p>A notification was issued to this effect on Tuesday by the Securities and Exchange Commission of Pakistan.<\/p>\n<p>The SECP earlier issued a letter to PSX CEO Richard Morin stating that it has come to its notice that Lawai has been arrested in an ongoing investigation into a money laundering case and that in the interest of the general public and the capital markets, he be removed from his post.<\/p>\n<p>Hussain Lawai was arrested by the Federal Investigation Agency on charges of money laundering on Friday last.<\/p>\n<p>FIA had registered a case against him in Karachi last week over the mega money laundering scandal involving 35 billion rupees in connection with other corrupt politicians, businessmen and bankers.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Islamabad, July 10 (TNS): Hussain Lawai has been terminated from the office of chairman of the Pakistan Stock Exchange with immediate effect. A notification was issued to this effect on Tuesday by the Securities and Exchange Commission of Pakistan. The SECP earlier issued a letter to PSX CEO Richard Morin stating that it has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":71092,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54,23],"tags":[],"class_list":["post-71091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-islamabad","category-national"],"_links":{"self":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/71091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71091"}],"version-history":[{"count":1,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/71091\/revisions"}],"predecessor-version":[{"id":71093,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/71091\/revisions\/71093"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/media\/71092"}],"wp:attachment":[{"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}