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NAB fails to arrest Shehbaz Sharif in graft cases

06:11 PM | 2 Jun, 2020
NAB fails to arrest Shehbaz Sharif in graft cases

LAHORE – The National Accountability Bureau (NAB) on Tuesday failed to arrest Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif despite conducting raid at his residence in Model Town.

A team of the NAB alongside a heavy contingent of policemen, stayed outside Sharif's Model Town residence for almost two hours as a heavy contingent of police officers blocked media personnel and protesting party workers with a barricade.

The team entered the residence after showing the arrest warrants of the Pakistan Muslim League-N (PML-N) president. However, they returned after learning that the leader of opposition was not present there. 

Numbers of party leaders and workers including Rana Mashood, Maryam Aurangzaib and others were also present on the occasions.

Anti-riots force was also deployed in the area where the PML-N workers chanting slogans against the government.

Shehbaz Sharif was due before the NAB officials in a hearing over case of assets beyond means to explain as how he developed his assets but he refused to appear before it for personal reasons. However, Shehbaz Sharif submitted his response to NAB through his representative Muhammad Faisal.

In the statement, he said: "It has been widely reported in the media that some NAB officials have also tested positive for coronavirus”.

"Please appreciate I am a cancer survivor and and 69 years old. I have been advised limited exposure on account of the peculiar background of low immunity," the PML-N president said.

The NAB claimed that assets of Shehbaz's family rose to Rs549 billion from Rs23 million between 1998 to 2018, adding that the the PML-N president being a public office holder needs to explain the massive increase in his wealth.

Besides asking him to submit bank details along with loan borrowed from Barclays, it has also sought details of gifts received and given by the family, details about agriculture income and others.

Reports in local media suggest Sharif decided not to appear before NAB after hearing of his bail plea got delayed at the Lahore High Court.

The Lahore High Court would take up his pre-arrest bail petition tomorrow on Wednesday.

This is a developing story and will be updated accordingly.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 24 April 2024 Forex Rates

Pakistani currency remains unchanged against US Dollar and other currencies on April 22, 2024 Monday in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293.2 for buying and 296.2 for selling while British Pound hovers at 339.5 for buying, and 343 for selling.

UAE Dirham AED was at 75 and Saudi Riyal's new rate was at 73.25. 

Today’s currency exchange rates in Pakistan - 24 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.4 280.4
Euro EUR 293.2 296.2
UK Pound Sterling GBP 339.5 343
U.A.E Dirham AED 75 75.8
Saudi Riyal SAR 73.25 73.95
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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