Bollywood actor Ranbir Kapoor is set to appear before the Enforcement Directorate on Friday as part of an ongoing investigation involving a gaming app. The actor has been featured in various advertisements endorsing the app, and authorities claim that he received a substantial sum of money, suspected to be proceeds from illegal activities, in exchange for his endorsements.
The app in question, the Mahadev Online Book App, has become the focal point of controversy. The Enforcement Directorate alleges that it operates as an umbrella syndicate, facilitating illegal betting websites by enrolling new users, generating user IDs, and facilitating money laundering through a complex network of benami (anonymous) bank accounts.
In light of recent regulatory changes governing online gaming, the government has explicitly prohibited games that involve betting and wagering.
This investigation also extends to approximately a dozen other celebrities and actors, all of whom are expected to be summoned by the agency in the near future.
Just last month, the Enforcement Directorate, known for its investigations into financial fraud, seized assets worth ₹417 crore in connection with this online betting case.
The promoters of the Mahadev App, originally from Bhilai in Chhattisgarh, were allegedly operating four to five similar apps, collectively raking in a daily profit of around ₹200 crore, as per the agency's findings.
Remarkably, the gaming app is orchestrated from a central headquarters in the UAE, with call centres also established in Sri Lanka and Nepal.
Moreover, the investigation has revealed that substantial cash expenditures are being made in India for the advertising of betting websites, aimed at attracting new users and franchise seekers.
Pakistani rupee remains largely stable against the US dollar, and other currencies in the open market on Sunday.
On Sunday, 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 | 310 |
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 |
Indian Rupee | INR | 3.41 | 3.52 |
Japanese Yen | JPY | 1.39 | 1.45 |
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 | 741.76 |
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 decreased in local markets in line with the trend in the international market.
On Sunday, the price of a single tola of 24-karat gold stands at Rs216,300, and 10 grams of 24k gold costs Rs185,450.
Single tola of 22 Karat Gold price costs Rs198,274, 21 karat rate per tola costs Rs189,263 and 18k gold rate is Rs162,225 for each tola.
In the global market, gold prices hovers around $2,004 per ounce, after drop of $23.35 on Sunday.
City | Gold | Silver |
Lahore | PKR 216,300 | PKR 2,486 |
Karachi | PKR 216,300 | PKR 2,486 |
Islamabad | PKR 216,300 | PKR 2,486 |
Peshawar | PKR 216,300 | PKR 2,486 |
Quetta | PKR 216,300 | PKR 2,486 |
Sialkot | PKR 216,300 | PKR 2,486 |
Attock | PKR 216,300 | PKR 2,486 |
Gujranwala | PKR 216,300 | PKR 2,486 |
Jehlum | PKR 216,300 | PKR 2,486 |
Multan | PKR 216,300 | PKR 2,486 |
Bahawalpur | PKR 216,300 | PKR 2,486 |
Gujrat | PKR 216,300 | PKR 2,486 |
Nawabshah | PKR 216,300 | PKR 2,486 |
Chakwal | PKR 216,300 | PKR 2,486 |
Hyderabad | PKR 216,300 | PKR 2,486 |
Nowshehra | PKR 216,300 | PKR 2,486 |
Sargodha | PKR 216,300 | PKR 2,486 |
Faisalabad | PKR 216,300 | PKR 2,486 |
Mirpur | PKR 216,300 | PKR 2,486 |
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