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NAB begins complaint verification against Urdu University’s acting VC

07:06 PM | 3 Apr, 2018
NAB begins complaint verification against Urdu University’s acting VC
ISLAMABAD - The National Accountability Bureau is to verify the complaints against the acting vice-chancellor of Federal Urdu University of Arts, Science and Technology (FUUAST), and others over alleged corruption and misuse of authority.

In an Executive Board meeting on Tuesday, NAB Chairman Justice (r) Javed Iqbal formally approved the complaint verifications into alleged corruption by several officials.

DG NAB Karachi will verify a complaint against Sulaiman D Muhammad, the acting vice chancellor of Federal Urdu University, for illegal appointments. While Muhammad is accused of appointing a junior clerk of Grade-7, Adnan Akhtar, to Director Protocol (Grade-20), he also faces allegations of altering official record and obtaining a fake PhD degree.

Last December, the anti-corruption watchdog had arrested Ghulam Bashir Bughio, the protocol director of former FUUAST vice-chancellor Dr Zafar Iqbal, and his son Shamim Ahmad Bughio for their alleged involvement in the establishment of illegal sub-campuses in Lahore.

During interrogation, another suspect Naeem Amjad confessed in his statement to NAB that an amount of Rs2.5 million had been credited to Ghulam’s account for facilitating the establishment of the illegal campuses of FUUAST.

During Tuesday’s meeting, the NAB chairman also directed the director general of Rawalpindi bureau to verify complaint against Senator Saifullah Bangash, CDA administration and others for allowing construction of a commercial plaza on the community plot of marriage hall in Islamabad’s G-6 sector, violating building by-laws, and maintaining silence during the period of plaza’s construction.

The Multan bureau will also verify the complaints against Syed Tanveer Hussain Gilani, the former MNA and former president Anjuman Islamia Multan, for using public property for commercial purposes.

Justice (r) Javed Iqbal also directed DG NAB-Lahore to verify the complaints against Punjab Education Department for allegedly not depositing funds into Hilal e Ahmar Pakistan’s account.

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Pakistani rupee inches up against US dollar, Euro, Pound, Riyal and Dirham; Check latest rates here

Pakistani rupee witnessed upward trajectort against US dollar and other currencies amid positive economic cues.

Dollar Rate in Pakistan Today

On Wednesday, the US dollar moved down and was being quoted at 283.7 for buying and 286.75 for selling.

Euro remained stable at 309 for buying and 312 for selling. British Pound rate increased to 361 for buying, and 364 for selling.

UAE Dirham AED dropped to 77.6 whereas the Saudi Riyal rate stands at 76.

Today's currency exchange rates in Pakistan - 6 December 2023

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar USD 283.7  286.75 
Euro EUR 309  312 
UK Pound Sterling GBP 361  364 
U.A.E Dirham AED 77.6 78.3
Saudi Riyal SAR 76 76.8
Australian Dollar AUD 187.72 188.22
Bahrain Dinar BHD 758.58 766.58
Canadian Dollar CAD 209 211
China Yuan CNY 39.93 40.33
Danish Krone DKK 41.41 41.81
Hong Kong Dollar HKD 36.49 36.84
Indian Rupee INR 3.42 3.53
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 923.13 932.13
Malaysian Ringgit MYR 60.97 61.57
New Zealand Dollar NZD 175.89 177.89
Norwegians Krone NOK 26.68 26.98
Omani Riyal OMR 740.01 748.01
Qatari Riyal QAR 78.36 79.06
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.45 27.75
Thai Bhat THB 8.09 8.24

Gold price sees major drop in Pakistan; Check today gold rates - 6 Dec 2023

KARACHI – Gold prices in the local market continue to decline in line with the international market.

Gold Rates in Pakistan Today - 6 December 2023

On Wednesday, the price of a single tola of 24-karat gold stands at Rs219,400 and 10 grams of 24k gold costs Rs188,100. 

Each tola for 24 karat is Rs216,700, 22 Karat is Rs198,640, and 21 karat rate per tola is Rs189,613 and 18k gold rate is Rs162,525.00 for single tola.

In the global market, the precious metal moved down, and hovers around $2023 per ounce after drop of around $10.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 219,400 PKR 2,625
Karachi PKR 219,400 PKR 2,625
Islamabad PKR 219,400 PKR 2,625
Peshawar PKR 219,400 PKR 2,625
Quetta PKR 219,400 PKR 2,625
Sialkot PKR 219,400 PKR 2,625
Attock PKR 219,400 PKR 2,625
Gujranwala PKR 219,400 PKR 2,625
Jehlum PKR 219,400 PKR 2,625
Multan PKR 219,400 PKR 2,625
Bahawalpur PKR 219,400 PKR 2,625
Gujrat PKR 219,400 PKR 2,625
Nawabshah PKR 219,400 PKR 2,625
Chakwal PKR 219,400 PKR 2,625
Hyderabad PKR 219,400 PKR 2,625
Nowshehra PKR 219,400 PKR 2,625
Sargodha PKR 219,400 PKR 2,625
Faisalabad PKR 219,400 PKR 2,625
Mirpur PKR 219,400 PKR 2,625

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