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Raja Pervez Ashraf indicted in Rental Power Plants case

10:22 PM | 1 Jul, 2019
Raja Pervez Ashraf indicted in Rental Power Plants case
ISLAMABAD - An Accountability Court in Islamabad indicted former Prime Minister Raja Pervez Ashraf and other accused in the Rental Power Plants scam on Monday.

During the hearing, Raja Pervez Ashraf denied all the charges after which the court summoned witnesses on 7th of next month to record their statements.

The accountability court judge Arshad Malik decided to frame charges against the PPP leader on three RPPs including Reshma Power Generation Private Limited, Gulf Rental Power Private Limited and Young Gen Power Limited.

The RPPs case is about private power companies that faced allegations of receiving over 22 billion rupees mobilisation advance from the government to commission the projects but failed to establish the plants, Radio Pakistan reported.

The former prime minister is accused of misusing his authority during his tenure as power minister for approval of increasing payments to the rental power companies from 7 to 14 per cent, amounting to about 22 billion rupees.

Pakistan Tehreek-e-Insaf leader, Babar Awan was recently acquitted in the case and is poised to join the federal cabinet very soon.

Daily Pakistan Global Web Desk


PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76


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