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Today's Paper | January 06, 2025

Published 02 Sep, 2023 07:08am

From The Past Pages Of Dawn: 1973: Fifty Years Ago: Establishments’ shares

RAWALPINDI: The President has promulgated an Ordinance empowering the Federal Government to acquire all or part of the shares or proprietary interests in establishments taken over under the Economic Reforms Order, 1972. The Economic Reforms (Amendment) Ordinance, No. XVIII of 1973, comes into force immediately and prescribes the manner of determining the compensation for the acquired shares or proprietary interests. … Shares held by foreign investors and institutions owned, managed or controlled by the Federal Government are exempted from acquisition. — News agencies

[Meanwhile, as reported by our staff rep­or­ter from Karachi,] Mr Abdul Wali Khan said … yesterday [Sept 1] that the “Civil Liberties Defence Movement” launched about a week back, was gaining momentum everywhere, especially in the NWFP and Baluchistan.

Talking to newsmen … the NAP President said that over a thousand persons had so far been arrested in Baluchistan, while the first round of arrests was completed by the NWFP Government from Dera Ismail Khan … with a tally of over a dozen persons. Sardar Sher Baz Khan Mazari … said that among the persons arrested in Baluchistan was Mr Ahmad Nawaz Bugti … younger brother of Governor Akbar Bugti.

Published in Dawn, September 2nd, 2023

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