Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Journalists demand action over National Press Club police raid

October 8, 2025

Regional bloc opposes US return to Kabul

October 8, 2025

Wenchang Aerospace Science and Education Center upgrade nears completion-Xinhua

October 8, 2025
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » Pakistan Weightlifting Federation’s bank account blocked over lack of transparency – Sport
Sports

Pakistan Weightlifting Federation’s bank account blocked over lack of transparency – Sport

i2wtcBy i2wtcAugust 25, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


ISLAMABAD: The National Bank of Pakistan (NBP), on a request of the Pakistan Sports Board (PSB), has blocked the bank account of the suspended Pakistan Weightlifting Federation (PWLF).

“The action is in line with the agenda of PSB director general Yasir Pirzada [which is] to ensure transparency, accountability and good governance in all sports organisations across Pakistan,” a PSB spokesman said in a press statement issued on Sunday.

The PSB emphasised that no body which fails to meet constitutional and legal requirements will be allowed to operate under the country’s banner.

“The step was taken after the PSB informed NBP that the PWLF, which stands suspended by the PSB, is not incorporated under Section 42 of the Companies Act 2017, and is operating in violation of [the] national laws and regulations. Moreover, the PWLF has failed to comply with the constitution of the International Weightlifting Federation (IWF), which requires a national body to be a separate and legally incorporated entity,” added the PSB release.

The PSB further stated that the PWLF was suspended during the 25th PSB Board meeting held on July 6, 2022, based on the report of a delegate appointed pursuant to a judgment of the Lahore High Court. The suspension was imposed due to alleged irregularities in its functioning, corrupt practices and violations of the anti-doping code. A detailed inquiry regarding the wrongdoings allegedly committed by the suspended PWLF office-bearers is still ongoing.

Furthermore, according to an International Testing Agency (ITA) report, dated March 10, 2025, it was confirmed that PWLF’s top officials committed Anti-Doping Rule Violations (ADRVs).

The PSB pointed out that only the sports organisations recognised or affiliated with the PSB and incorporated under Section 42 of the Companies Act 2017 are entitled to regulate a sport in Pakistan, use the country’s name, or represent Pakistan internationally.

Since the PWLF did not fulfill these legal and regulatory requirements, the PSB formally requested the NBP to suspend its bank account (account No. 2200026441 at Samanabad Branch, Lahore, now shifted to Allama Iqbal Town, Lahore). Following the PSB’s request, an email from NBP’s operations manager confirmed that the account has been debit blocked with immediate effect.

Published in Dawn, August 25th, 2025



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

Sports

‘Have never apologised to BCCI nor will I ever do so’: Mohsin Naqvi hits back at Indian media reports – Sport

October 1, 2025
Sports

‘Have never apologised to BCCI nor will I’: Mohsin Naqvi refutes Indian media report on Asia Cup – Sport

October 1, 2025
Sports

Alcaraz out of Shanghai after winning eighth title of season – Sport

October 1, 2025
Sports

Expanded Quaid-e-Azam Trophy set to begin on Oct 6 – Sport

October 1, 2025
Sports

18-member squad announced for Pakistan vs South Africa Test series – Sport

September 30, 2025
Sports

PCB suspends player NOCs for overseas T20 leagues: report – Sport

September 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

House Republicans unveil aid bill for Israel, Ukraine ahead of weekend House vote

April 17, 2024

Prime Minister Johnson presses forward with Ukraine aid bill despite pressure from hardliners

April 17, 2024

Justin Verlander makes season debut against Nationals

April 17, 2024

Tesla lays off 285 employees in Buffalo, New York as part of major restructuring

April 17, 2024
Don't Miss

Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute | Donald Trump News

By i2wtcJune 4, 20250

Growing strains in US-China relations over implementation of agreement to roll back tariffs and trade…

Donald Trump’s 50% steel and aluminium tariffs take effect | Business and Economy News

June 4, 2025

The Take: Why is Trump cracking down on Chinese students? | Education News

June 4, 2025

Chinese couple charged with smuggling toxic fungus into US | Science and Technology News

June 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Journalists demand action over National Press Club police raid

October 8, 2025

Regional bloc opposes US return to Kabul

October 8, 2025

Wenchang Aerospace Science and Education Center upgrade nears completion-Xinhua

October 8, 2025
Most Popular

Rise of “painless” tourism set to transform China’s travel landscape-Xinhua

June 6, 2025

China-Europe freight train service embraces new progress-Xinhua

June 10, 2025

Why is China-Central Asia cooperation becoming increasingly important?-Xinhua

June 15, 2025
© 2025 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

Type above and press Enter to search. Press Esc to cancel.