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US-Pakistani business tycoon sues two journalists for defamation

04:26 PM | 5 Nov, 2023
US-Pakistani business tycoon sues two journalists for defamation

WASHINGTON DC: A leading American-Pakistani businessman has sued two US-based Pakistani journalists for defaming him on social media and causing harm to his reputation.

The defamation case has been started by business tycoon Tanweer Ahmed against BOL TV’s Houston reporter Kamran Jilani and GEO’s Dallas correspondent Mr. Raja Zahid A. Khanzada for their Meta (Facebook) posts, making false allegations against Tanweer Ahmed and accusing him of running a campaign against Tahir Javed to get him sacked as caretaker Prime Minister Anwarul Haqa Kakar’s advisor on overseas investment. 

Last month, Texas based Pakistani-American businessman Muhammad Tahir Javed joined Prime Minister Anwar-ul-Haq Kakar’as Special Assistant on Investment but was removed from his post just after three weeks over a scandal. 

Houston based Schmidt Law Firm’s C. Thomas Schmidt has sent defamation “cease and desist” letters to both reporters, demanding of them to delete their libellous publications, pay damages to Tanweer Ahmed and issue public apologies or else face trial.

Lawyers of Tanweer Ahmed have said in the letter that Kamran Jilani accused the business tycoon of dishonestly and maliciously engaging in a smear campaign against Mr Tahir Javed which has included “character assassination” and “mudslinging” because of his “jealousy and personal animosity”; making false allegations against Tahir Javed; removing Tahir Javed from his post in Pakistan.

Tanweer Ahmed is an American-Pakistani businessman, investor, entrepreneur and philanthropist who works with major companies, not-for-profit organizations and hospitals. He is the owner of the largest cricket complex in Houston, the Prairie View Cricket Complex and the owner of the Houston Hurricanes cricket franchise.

Tanweer Ahmed is credited for taking over $50 million dollars aid to Pakistan during the 2022 devastating floods in Pakistan.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 29 Feb 2024

Pakistani rupee remains stable against US dollar in the open market on February 29, 2024 (Thursday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.1 for buying and 282.35 for selling.

Euro currently stands at 303 for buying and 306 for selling while British Pound rate stands at 352 for buying, and 355.5 for selling.

UAE Dirham AED hovers at 76 whereas the Saudi Riyal saw slight increase, with new rates at 74.3.

Today’s currency exchange rates in Pakistan - 29 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.1 282.35
Euro EUR 303 306
UK Pound Sterling GBP 352 355.5
U.A.E Dirham AED 76 76.7
Saudi Riyal SAR 74.3 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.11 751.11
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.69 41.09
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 907.32 916.32
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.36 26.66
Omani Riyal OMR 725.68 733.68
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317.76 320.26
Thai Bhat THB 7.76 7.91

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