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NAB nominates Shehbaz, Hamza as accused in the Ramzan Sugar Mills reference

12:28 PM | 12 Jan, 2019
NAB nominates Shehbaz, Hamza as accused in the Ramzan Sugar Mills reference
LAHORE. The National Accountability Bureau (NAB) Lahore has completed investigations into the Ramzan Sugar Mills Case on Saturday.

Director General of NAB Lahore Saleem Shahzad chaired the meeting of the Regional Board of NAB Lahore where the decision of completing the investigations was made. The reference was sent to Chairman Justice (r) Javed Iqbal for approval by the executive board.

The reference includes the statements of witnesses, along with the records of the approval of the contract and the statements of the former deputy commissioner.

https://en.dailypakistan.com.pk/pakistan/nab-summons-hamza-shehbaz-sharif-again-in-asset-beyond-means-probe/

National Assembly Opposition Leader and former Punjab chief minister Shahbaz Sharif, Punjab Assembly Opposition Leader Hamza Shahbaz and his brother Salman Shahbaz (chief executive officers of the mill) are the main accused persons in the case.

After the arrest of Shahbaz in Ashiana-e-Iqbal housing scheme scam, he faced an inquiry for having assets beyond sources of income. During the investigation, Shahbaz stated that his son, Salman, oversaw his financial matters.

Shehbaz Sharif and his sons are accused of misusing authority for constructing a drain and a bridge, costing Rs200 million to facilitate the sugar mill. Shahbaz, the then chief minister, allegedly issued orders for the building of the drain on an emergency basis.

The former Punjab chief minister currently is on judicial remand in the Kot Lakhpat Jail, while his son, Salman Shehbaz has left the country.

Daily Pakistan Global Web Desk

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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