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Azam Swati resigns as SC evokes disqualification debate

03:11 PM | 6 Dec, 2018
Azam Swati resigns as SC evokes disqualification debate
ISLAMABAD - Minister for Science and Technology, Azam Khan Swati finally tendered his resignation on Thursday amid an ongoing probe against him.

Swati met the premier and handed over his resignation amid a storm of allegations ranging from misuse of authority to falsely representing himself as a US citizen.

'The prime minister has accepted my resignation and I will defend my position without any authority,' Swati said.

I can not work under these conditions to uphold my moral authority, I've to resign. I eventualy prevailed & made PM to agree, he added.

The lawmaker is under the radar of supreme court as well after it took suo moto notice of the abrupt transfer of IGP Islamabad, Jan Muhammad.

The resignation came a day after the apex court appointed two advisers for proceedings under Article 62 of the Constitution against him in IGP Islamabad transfer case.

https://en.dailypakistan.com.pk/headline/cjp-nisar-takes-notice-of-transfer-of-igp-islamabad/

The Supreme Court of Pakistan had, earlier, observed that Swati misused his powers seeking an explanation from him under Article 62 (1)(f), which sets the precondition for a public office holder to be “sadiq and ameen” (truthful and honest).

During the hearing, a counsel for Swati contended that action under Article 62 (1) (f) could not be taken against his client on the basis of the JIT report. There is no example of such proceedings on the basis of a JIT report, he said, adding that the investigation report was full of allegations.

The Islamabad IGP was transferred on October 27 after he allegedly rejected to take action on a complaint by the son of minister, regarding a dispute over purported encroachment with a family at their farmhouse.

The apex court had formed a JIT to probe allegations of misuse of authority, misconduct and encroachment against the minister. On November 19, the JIT had held Swati and his employees responsible for the altercation that took place at his farmhouse and allegedly led to the transfer of police chief.

The Supreme Court had taken notice of the IGP’s transfer and suspended the order but had to withdraw its order after he excused himself from performing duties as Islamabad IGP.

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Pakistani rupee registers marginal gain against US Dollar, Euro, Pound, Riyal and Dirham; Check forex rates

Pakistani rupee continued its momentum against the US dollar, and orther currencies in the open market on Thursday, as the local currency also improved in the inter-bank market.

Dollar Rate in Pakistan Today

On Thursday, the US dollar moved down and was being quoted at 283.2 for buying and 286.15 for selling.

Euro comes down to 308 for buying and 311 for selling. British Pound rate dropped to 358.5 for buying, and 362 for selling.

UAE Dirham AED witnessed slight drop and new rate stands at 77.4 whereas the Saudi Riyal remained stable at 76.

Today's currency exchange rates in Pakistan - 7 December 2023

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

Currency Symbol Buying Selling
US Dollar USD 283.2 286.15
Euro EUR 308 311
UK Pound Sterling GBP 358.5 362
U.A.E Dirham AED 77.4 78.1
Saudi Riyal SAR 76 76.8
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 757.23 765.23
Canadian Dollar CAD 209 211
China Yuan CNY 39.89 40.29
Danish Krone DKK 41.19 41.59
Hong Kong Dollar HKD 36.41 36.76
Indian Rupee INR 3.42 3.53
Japanese Yen JPY 1.39 1.45
Kuwaiti Dinar KWD 921.71 930.71
Malaysian Ringgit MYR 61.02 61.62
New Zealand Dollar NZD 174.54 176.54
Norwegians Krone NOK 26.05 26.35
Omani Riyal OMR 739.62 747.62
Qatari Riyal QAR 78.22 78.92
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.12 27.42
Swiss Franc CHF 324.94 327.44
Thai Bhat THB 8.06 8.21

Gold prices in Pakistan move down despite positive global cues; Check latest rates here

Gold price in Pakistan remained under pressure as the yellow metal moved down despite an upward trend in the international market.

Gold Rates in Pakistan Today - 7 December 2023

On Thursday, the price of a single tola of 24-karat gold stands at Rs217,100 and 10 grams of 24k gold costs Rs186,130. 

Single tola of 22 Karat Gold costs Rs199,000, 21 karat rate for per tola is Rs189,960 and 18k gold rate is Rs162,825.00 for each tola.

In the global market, gold prices hover at around $2026, gaining $8.30 on Thursday.

Today Gold Rate in Pakistan

Today Gold Price in Pakistan (4 September 2023)

City Gold Silver
Lahore PKR 217,100 PKR 2,565
Karachi PKR 217,100 PKR 2,565
Islamabad PKR 217,100 PKR 2,565
Peshawar PKR 217,100 PKR 2,565
Quetta PKR 217,100 PKR 2,565
Sialkot PKR 217,100 PKR 2,565
Attock PKR 217,100 PKR 2,565
Gujranwala PKR 217,100 PKR 2,565
Jehlum PKR 217,100 PKR 2,565
Multan PKR 217,100 PKR 2,565
Bahawalpur PKR 217,100 PKR 2,565
Gujrat PKR 217,100 PKR 2,565
Nawabshah PKR 217,100 PKR 2,565
Chakwal PKR 217,100 PKR 2,565
Hyderabad PKR 217,100 PKR 2,565
Nowshehra PKR 217,100 PKR 2,565
Sargodha PKR 217,100 PKR 2,565
Faisalabad PKR 217,100 PKR 2,565
Mirpur PKR 217,100 PKR 2,565

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