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JIT again summons PM's sons for interrogation in Panama case

02:05 PM | 7 Jun, 2017
JIT again summons PM's sons for interrogation in Panama case
ISLAMABAD - A joint investigation team, formed by the Supreme Court to probe money trail of Sharif family under Panama verdict, has once again summoned Hussain Nawaz and Hassan Nawaz, sons of Prime Minister Nawaz Sharif, for further interrogation.

Amid photo leak controversy, the investigation team has asked Hussain Nawaz to appear before the team on June 9 and Hassan Nawaz on June 10.


Hussain Nawaz


Earlier, Hussain Nawaz had appeared before the investigation team for four times.

For the first time, Hussain Nawaz appeared before the JIT on Sunday (May 28) at the federal judicial academy and faced a barrage of questions for over two hours.

He made his second appearance on Tuesday (May 30) where he was interrogated for hours. During the hearing, Hussain Nawaz was provided urgent medical care after his blood sugar level dropped following the hours-long interrogation.

For third time in five, Hussain Nawaz reached Federal Judicial Academy on Thursday (June 1) to appear before the probing team.

Hussain Nawaz appeared before the JIT on June 3 for the fourth time.

Talking to media while leaving the judicial academy after second appearance, Hussain Nawaz said: “However, I decided to face the JIT and respond to all of their questions. I am confident that the investigation will prove our stance; that we have not done anything illegal,”

On third appearance, Nawaz said that he will appear before the investigation team whenever he will be called by the JIT.

“We have the same assets as we had during tenure of former president Pervez Musharraf,” Nawaz said, adding that fake cases were registered against them in Musharraf’s tenure.

Hassan Nawaz


PM’s younger son Hassan Nawaz on Friday (June 2) appeared before the JIT where he was grilled for seven hours.

Hassan Nawaz made appearance before the probing team after second notice. Earlier, he had been asked to appear on Wednesday (May 31) but he could not comply with the first notice. He had sought time for recording his statement due to legal complications.

Panama Verdict


The Supreme Court of Pakistan had announced the verdict of landmark Panama case on April 20, in which it ordered the formation of a Joint Investigation Team to probe offshore assets of Sharif family.

Representatives from Intra Services Intelligence, Military Intelligence, State Bank of Pakistan, Securities and Exchange Commission of Pakistan and National Accountability Bureau are part of the team headed by Wajid Zia of Federal Investigation Agency.


In its judgement, the Supreme Court had also outlined the scope of the proposed JIT, which would probe how the Gulf Steel Mills in UAE came into being, what led to its sale, what happened to its liabilities, where did its sale proceeds end up, how did they reach Jeddah, Qatar and the UK, whether Hussain Nawaz and Hassan Nawaz in view of their ages at the time had the means to possess and purchase the flats, and whether the sudden appearance of the letters of Hamad Bin Jassim Bin Jaber Al-Thani of the Qatar was a myth or a reality.


The court also asked how bearer shares translated into the four upscale flats in London, who was the real and beneficial owner of Nielsen Enterprises Limited and Nescoll Limited, how did Hill Metal Establishment come into existence, where did the money for Flagship Investment Limited and other companies set up or taken over by Hassan Nawaz and where did the working capital for such companies come from and where do the huge sums running into millions gifted by Hussain Nawaz to the prime minister drop in from, Dawn News reported.







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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.57 7.72

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