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Karachi’s ‘committee wali baji’ moves court for protection after swindling Rs42 crores

Web Desk 03:12 PM | 7 Dec, 2022
Karachi’s ‘committee wali baji’ moves court for protection after swindling Rs42 crores

Sidra Humaid, a Karachi-based social media influencer cum businesswoman, has moved the court for protection after allegedly swindling Rs420 million in the name of saving committees.

The incident made headlines as victims started posting about the fraud on social media. Following the online outrage, several victims of the port city joined a WhatsApp group to take legal action against Sidra Humaid.

As a large number of victims started approaching her to get back their hard-earned money, Sidra moved the court for security as she claimed she was receiving threats.

The complainant said she was receiving death threats and mentioned that unidentified attackers stormed her residence earlier this week.

After conning hundreds of her depositors, the influencer shared a post, saying she has no resources to pay back the money, leaving people in shock. “I have really messed up my committees, and now I am practically bankrupt and have no means to pay off my committees,” she wrote in a post.

Sidra earlier dodged depositors and asked them to wait. However, the coverage in mainstream and digital media landed the influencer in trouble.

The scam comes at a time when many of the daily wagers and salary-based people started saving money to survive amid unprecedented inflation. People are also worried to get back their money as such committees also known as BCs work without any written record or official paperwork.

Web Desk
Web Desk

Daily Pakistan Global Web Desk

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 1, 2023 (Wednesday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 267.53 268.18
Euro EUR 290.22 290.82
UK Pound Sterling GBP 330.48 331.18
U.A.E Dirham AED 72.78 73.08
Saudi Riyal SAR 71.23 71.53
Australian Dollar AUD 190 193
Bahrain Dinar BHD 702.68 710.68
Canadian Dollar CAD 201.75 205
China Yuan CNY 39.15 39.55
Danish Krone DKK 38.6 39
Hong Kong Dollar HKD 33.72 34.07
Indian Rupee INR 3.24 3.35
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 865.31 874.31
Malaysian Ringgit MYR 62.24 62.84
New Zealand Dollar NZD 171.35 173.35
Norwegians Krone NOK 26.76 27.06
Omani Riyal OMR 686.49 694.49
Qatari Riyal ‎QAR 72.58 73.28
Singapore Dollar SGD 201.2 203.2
Swedish Korona SEK 25.45 25.75
Swiss Franc CHF 286.19 288.69
Thai Bhat THB 8.06 8.21

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs202,000 on Wednesday. The price of 10 grams of 24k gold was recorded at Rs173,190.

Likewise, 10 grams of 22k gold were being traded for Rs164,500 while a single tola of 22-karat gold was being sold at Rs 179,100.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 202,000 PKR 2,390
Karachi PKR 202,000 PKR 2,390
Islamabad PKR 202,000 PKR 2,390
Peshawar PKR 202,000 PKR 2,390
Quetta PKR 202,000 PKR 2,390
Sialkot PKR 202,000 PKR 2,390
Attock PKR 202,000 PKR 2,390
Gujranwala PKR 202,000 PKR 2,390
Jehlum PKR 202,000 PKR 2,390
Multan PKR 202,000 PKR 2,390
Bahawalpur PKR 202,000 PKR 2,390
Gujrat PKR 202,000 PKR 2,390
Nawabshah PKR 202,000 PKR 2,390
Chakwal PKR 202,000 PKR 2,390
Hyderabad PKR 202,000 PKR 2,390
Nowshehra PKR 202,000 PKR 2,390
Sargodha PKR 202,000 PKR 2,390
Faisalabad PKR 202,000 PKR 2,390
Mirpur PKR 202,000 PKR 2,390

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