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Shehbaz Sharif's son-in-law declared absconder on NAB request

02:12 PM | 7 Aug, 2018
Shehbaz Sharif's son-in-law declared absconder on NAB request
LAHORE - An accountability court has declared Imran Ali Yousaf, the son-in-law of Pakistan Muslim League-Nawaz (PML-N) president Shehbaz Sharif, a proclaimed offender after he failed to appear before the National Accountability Bureau (NAB) in a mega corruption case.

Accountability judge Najamul Hassan gave the decision on the request of NAB-Lahore, which states that Yousaf has fled abroad while escaping the investigation into Punjab Power Company scandal.

He has been accused of pocketing Rs12 million from Ikram Naveed, former CEO of Punjab Power Development Company (PPDC). The accused appeared before NAB in April but has since then left the country.

Last month, the anti-graft body requested interior ministry to write to Interpol to issue a red warrant for his arrest.

In a statement issued to Yousaf, NAB said, “In the inquiry against Ikram Naveed it has been revealed that you are in possession of evidence which relates to the commission of the said offences. You are also required to record your statement with respect to amounts transferred by Ikram Naveed to you.”

Reports in local media claim that Yousaf is also guilty of getting Naveed appointed as the CEO. In 2016, the Anti-Corruption Establishment declared Naveed guilty of embezzling Rs450 million.

Yesterday, a NAB meeting was held in Lahore to review investigations against 55 companies and the Punjab Power Development Company. DG NAB Lahore briefed Chairman Justice (r) Javed Iqbal about the mega corruption cases being investigated by the Bureau and cases referred to by the Supreme Court of Pakistan including 56 public sector companies working in Punjab.

The chairman was also briefed about the salaries and perks of chief executives of public and private sectors companies.

The chairman asked the investigators to finalise the inquiries without taking any pressure.

The NAB has also summoned Shehbaz Sharif on August 20.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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