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IHC moved against new NAB ordinance

06:15 PM | 13 Oct, 2021
IHC moved against new NAB ordinance

ISLAMABAD – A citizen challenged the National Accountability (Amendment) Ordinance, 2021 at the Islamabad High Court (IHC) on Wednesday.

On October 8, President Dr Arif Alvi had promulgated the ordinance, paving the way for the incumbent National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal to continue holding his post until the appointment of his successor.

Citing various decisions taken by the Supreme Court (SC), petitioner Abdul Latif Qureshi mentioned that the re-appointment of retired judges is against the independence of the judiciary. He also requested the high court to ban the “October 8 ordinance.”

National Accountability (Amendment) Ordinance, 2021

The new NAB chairman will be appointed for a period of four years and his term may be extended.

The method followed for the appointment of the NAB chairman will be the one employed while granting an extension.

The ordinance states that the president will appoint the NAB chairman in consultation with the prime minister and the Opposition leader.

In case of a failure to reach a consensus on the appointment, the matter will be sent to a 12-member parliamentary committee formed especially for the matter of the appointment.

It also states that the NAB chairman can send his resignation to the president.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 26 April 2024 Forex Rates

Pakistani currency remains unchanged against US Dollar and other currencies on April 26, 2024 Friday in open market.

USD to PKR rate today

US dollar was being quoted at 277.15 for buying and 280.15 for selling.

Euro comes down to 294 for buying and 297 for selling while British Pound hovers at 342.5 for buying, and 346 for selling.

UAE Dirham AED was at 74.95 and Saudi Riyal's new rate was at 73.30.

Today’s currency exchange rates in Pakistan - 26 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 277.15 280.15
Euro EUR 294 297
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 74.95 75.75
Saudi Riyal SAR 73.30 74
Australian Dollar AUD 178.5 180
Bahrain Dinar BHD 740.57 748.57
Canadian Dollar CAD 200.8 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 39.93 40.33
Hong Kong Dollar HKD 35.55 35.9
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.61 912.61
Malaysian Ringgit MYR 58.28 58.88
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.46 25.76
Omani Riyal OMR 723.48 731.48
Qatari Riyal ‎QAR 76.52 77.22
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 305.43 307.93
Thai Bhat THB 7.51 7.66

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