LAHORE – The Federal Investigation Agency (FIA) on Thursday decided not to prosecute Rs16 billion money laundering case against Prime Minister Shehbaz Sharif, his son Punjab Chief Minister Hamza Shahbaz and others.
In a written order issued by Special judge central Ijaz Hassan Awan, the FIA’s prosecution team has been made a part of the record.
The court said that after the hearing on April 11, the FIA had submitted a petition stating that the concerned authorities are no more interested in the trial. “Director-General FIA has decided not to appear in the court against Shehbaz Sharif,” FIA’s special prosecutor said.
“… Usman Riaz Gill, advocate appeared and filed a written application intimating that DG FIA through [investigation officer] of this case conveyed to Mr Sikandar Zulqarnain Saleem, Advocate learned Special Prosecutor not to appear in this case as the accused in the case are going to elected as Prime Minister of Pakistan and Chief Minister of the province of Punjab and the concerned quarters are not interested to prosecute the accused persons,” the order read.
The FIA had booked PM Shehbaz and his sons, Hamza and Suleman, in November 2020 under sections 419, 420, 468, 471, 34 and 109 of Prevention of Corruption Act and read with 3/4 of Anti Money Laundering Act. Suleman Shehbaz is absconding in the UK.
Earlier this week, FIA former director Mohammad Rizwan, who probed the charges against Shehbaz and his son, died of a heart attack.
On the last hearing, the FIA’s special court had issued an order that it will indict PM Shehbaz and CM Punjab Hamza.
The special court had to indict the father-son duo and others allegedly involved in the case in April, but due to the absence of PM Shehbaz, the process was delayed.
Pakistani rupee remains stable against US dollar in the open market on 29 March, 2024.
In the open market, the US dollar was being quoted at 278.3 for buying and 281.05 for selling.
Euro moves down to 299.75 for buying and 302.75 for selling while British Pound hovers around 353.75 for buying, and 357.25 for selling.
UAE Dirham AED remains stable at 75.55 whereas the Saudi Riyal saw minor increase, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 278.3 | 281.05 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.70 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.46 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.7 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724.36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.78 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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