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IHC reinstates 10-year disqualification ban for anyone found guilty under NAB law

06:35 PM | 4 Jan, 2024
IHC reinstates 10-year disqualification ban for anyone found guilty under NAB law

ISLAMABAD – The 10-year disqualification period for graft convictions, as stipulated by the accountability rules of the National Accountability Bureau (NAB), was reinstated by the Islamabad High Court on Thursday.

The division bench of the court, which is made up of Justices Mohsin Akhtar Kayani and Saman Rafat Imtiaz, granted the order to stay the single bench's decision.

The single bench ruling stated that the disqualification period was five years rather than ten.

The ruling of today was made in response to a plea submitted by NAB challenging the reduction of the convict's 10-year disqualification period to five years.

On January 1, NAB filed a request with the IHC about authorization for those found guilty under the NAB Ordinance to run in the general elections on February 8.

The NAB asked the supreme court to revoke the single bench ruling and reinstate the 10-year statute of limitations that barred NAB offenders from running for office.

The anti-graft agency claimed that those found guilty under the NAB rule have been using the high court's single bench ruling as justification to run in the next elections.

NAB claims that in June of last year, a single bench of the IHC lowered the 10-year disqualification period for NAB offenders to five years.

In the intra-court appeal, the bureau has asked the top court to put the contested judgement on hold.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.57 7.72

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