LAHORE – The Lahore High Court (LHC) on Friday ordered the National Accountability Bureau (NAB) to release Parvez Elahi, the President of PTI.
Justice Amjad Rafiq presided over the hearing, which pertained to a petition filed by Elahi challenging his arrest by NAB on alleged corruption charges. The judge, upon delivering the verdict, prohibited authorities from arresting the former chief minister of Punjab in any other cases.
Parvez Elahi is one of several PTI leaders and supporters who have been detained as part of the government’s crackdown on PTI leadership following the May 9 riots that erupted during protests when PTI chief Imran Khan was taken away by paramilitary personnel at the Islamabad High Court premises.
Elahi was initially arrested on June 1 and subsequently detained multiple times on various corruption charges.
His most recent arrest by NAB on August 14 was related to allegations of receiving bribes or kickbacks in exchange for awarding contracts for road schemes in the Gujrat Highways Division to favored or handpicked contractors.
After his release, Parvez Elahi spoke to reporters, holding the PML-N (Pakistan Muslim League-Nawaz) responsible for the current state of the economy, stating that they had fled to London after causing economic damage.
During the hearing, Justice Rafiq inquired about Elahi’s absence from the court proceedings. The NAB prosecutor responded by explaining that the accountability watchdog was prepared to bring Elahi to court but had received a letter from the Punjab government outlining threats to Elahi’s life.
The prosecutor further mentioned that the NAB had requested security from the government to bring Elahi to court, and the Punjab Deputy Inspector General (DIG) had responded that bulletproof vehicles and police armored vans were being used in an operation against riverine gangs.
Elahi’s lawyer offered to provide a bulletproof vehicle, leading the court to order the anti-graft body to present the PTI president within an hour. The court warned that if this wasn’t done, it would issue arrest warrants for the Punjab DIG.
Elahi was presented in court around 12:15 pm, after which Justice Rafiq ordered his release and prevented authorities from arresting him in any other cases.
This marked a continuation of a series of arrests and rearrests involving Parvez Elahi, starting from his initial arrest on June 1 on charges of kickbacks in development projects. These legal proceedings have involved multiple cases, legal actions, and detainments, including those related to corruption, illegal recruitments, and money laundering allegations.
Pakistani rupee remains largely stable against the US dollar, and other currencies in the open market on Saturday.
On Saturday, the US dollar was being quoted at 283.4 for buying and 285.95 for selling.
Euro comes down to 307 for buying and 310 for selling. British Pound rate remains unchanged at 358.5 for buying, and 362 for selling.
UAE Dirham AED witnessed slight drop and new rate stands at 77.2 whereas the Saudi Riyal remained stable at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 283.4 | 285.95 |
Euro | EUR | 307 | 307 |
UK Pound Sterling | GBP | 358.5 | 362 |
U.A.E Dirham | AED | 77.2 | 78 |
Saudi Riyal | SAR | 76 | 76.8 |
Australian Dollar | AUD | 187.2 | 189 |
Bahrain Dinar | BHD | 755.82 | 763.82 |
Canadian Dollar | CAD | 209 | 211 |
China Yuan | CNY | 39.82 | 40.22 |
Danish Krone | DKK | 41.14 | 41.54 |
Hong Kong Dollar | HKD | 36.37 | 36.72 |
Japanese Yen | JPY | 3.41 | 3.52 |
Kuwaiti Dinar | KWD | 922.14 | 931.14 |
Malaysian Ringgit | MYR | 60.82 | 61.42 |
New Zealand Dollar | NZD | 175.33 | 177.33 |
Norwegians Krone | NOK | 26.12 | 26.42 |
Omani Riyal | OMR | 738.71 | 746.71 |
Qatari Riyal | QAR | 78.07 | 78.77 |
Singapore Dollar | SGD | 211 | 213 |
Swedish Korona | SEK | 27.32 | 27.62 |
Swiss Franc | CHF | 324.5 | 327 |
Thai Bhat | THB | 8.08 | 8.23 |
Gold prices witnessed negative trend in local markets in line with the trend in the international market.
On Saturday, the price of a single tola of 24-karat gold stands at Rs217,600, and 10 grams of 24k gold costs Rs186,560.
Single tola of 22 Karat Gold price costs Rs199,465, 21 karat rate per tola costs Rs190, 400 and 18k gold rate is Rs163,200.00 for each tola.
In the global market, gold prices hovers around $2,004 per ounce, after drop of $23.35 on Saturday.
City | Gold | Silver |
---|---|---|
Lahore | PKR 217,600 | PKR 2,530 |
Karachi | PKR 217,600 | PKR 2,530 |
Islamabad | PKR 217,600 | PKR 2,530 |
Peshawar | PKR 217,600 | PKR 2,530 |
Quetta | PKR 217,600 | PKR 2,530 |
Sialkot | PKR 217,600 | PKR 2,530 |
Attock | PKR 217,600 | PKR 2,530 |
Gujranwala | PKR 217,600 | PKR 2,530 |
Jehlum | PKR 217,600 | PKR 2,530 |
Multan | PKR 217,600 | PKR 2,530 |
Bahawalpur | PKR 217,600 | PKR 2,530 |
Gujrat | PKR 217,600 | PKR 2,530 |
Nawabshah | PKR 217,600 | PKR 2,530 |
Chakwal | PKR 217,600 | PKR 2,530 |
Hyderabad | PKR 217,600 | PKR 2,530 |
Nowshehra | PKR 217,600 | PKR 2,530 |
Sargodha | PKR 217,600 | PKR 2,530 |
Faisalabad | PKR 217,600 | PKR 2,530 |
Mirpur | PKR 217,600 | PKR 2,530 |
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