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MQM ordered Baldia factory fire over extortion refusal: Challan

11:57 PM | 5 Sep, 2016
MQM ordered Baldia factory fire over extortion refusal: Challan
KARACHI – A challan on Monday stated that former In-charge of Muttahida Qaumi Movement (MQM) Administrative Committee Hammad Siddiqui had ordered to set fire a factory in Baldia Town Karachi after the owners refused to pay Rs250 million as an extortion.

The challan was immediately approved by an anti-terrorism court in Karachi today.
According to the sources, Hamad Siddiqui ordered the terrorist act after the factory owners refused to give them partnership and extortion money.

According to Geo News, the challan further revealed that the factory owners even agreed on paying Rs10 million.

The owners of the garment factory were coerced by Mohammad Ali Hasan — a close aide of former MQM leader Anees Qaimkhani— to pay off Rs59.8 million.

According to the challan, there were 18 witnesses in the case whereas Hammad Siddiqui and Rehman aka Bhola have been declared absconders.

According to the challan, many MQM leaders tried to change the direction of the case.

The incident took lives of 259 people and also injured several others in September 2012.

Hamza Rao is a member of the staff at Daily Pakistan. He can be reached at raohamzafree@gmail.com. He tweets at @HamzaRaoxxx

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Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 4 March 2024

Pakistani rupee remains stable against US dollar in the open market on March 4, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.3 for buying and 282.45 for selling.

Euro currently stands at 302.5 for buying and 305.5 for selling while British Pound rate stands at 354 for buying, and 359 for selling.

UAE Dirham AED hovers at 76.3 whereas the Saudi Riyal saw slight increase, with new rates at 74.5.

Today’s currency exchange rates in Pakistan - 4 March 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.3 282.45
Euro EUR 302.5 305.5
UK Pound Sterling GBP 354 359
U.A.E Dirham AED 76.3 77
Saudi Riyal SAR 74.5 75.3
Australian Dollar AUD 181 183
Bahrain Dinar BHD 737.97 745.97
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.23 40.63
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 901.62 910.62
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 168.97 170.97
Norwegians Krone NOK 26.54 26.84
Omani Riyal OMR 725.68 733.68
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.13 27.43
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 7.74 7.89

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