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PAC seeks details of assets owned by SC, high courts' judges

05:11 PM | 8 May, 2023
PAC seeks details of assets owned by SC, high courts' judges
Source: File Photo

ISLAMABAD – Public Accounts Committee (PAC) Chairman Noor Alam Khan on Monday directed the authorities concerned to submit complete record of assets owned by judges of the Supreme Court and high courts and their travel history.

Khan sought the details while chairing a meeting called to examine income and assets of apex court’s Justice Mazahar Ali Akbar Naqvi. The PAC head expressed resentment over absence of provincial chief secretaries, saying if they were afraid of someone.

Barjees Tahir recommended Khan to seek record of asset owned by Justice Naqvi from the Federal Board of Revenue (FBR), Federal Investigation Agency (FIA), State Bank of Pakistan (SBP) and other departments.

At one point, the PAC chairman said the value of a house in the federal capital is Rs250 million but it is undervalued in documents submitted to the FBR in order to evade taxes.

Noor Alam Khan also warned the officials of issuing their arrest warrants if they fail to show up in the next meeting. “I am authorised under the law to conduct investigation of assets beyond means cases through FIA or any other department”.

He directed the officials to provide details of assets, wealth statement, tax returns and plots held by the judges of the apex and high courts. He said the official will have to submit the record within 15 days.

He also summoned officials of NAB and Nadra and chief secretaries.

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Currency Rates in Pakistan - Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 24 Feb 2024

Pakistani currency remains largely stable against US dollar and other currencies in the open market on February 24, 2024.

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

On Saturday, Euro stands at 302  for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 24 February 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 908.79 917.79
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94

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