LHC grants bail, orders release of Shehbaz Sharif

Haider Ali 03:00 PM | 14 Feb, 2019
LHC grants bail, orders release of Shehbaz Sharif
LAHORE - The Lahore High Court on Thursday approved Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif's bail pleas in Ashiana Iqbal Housing Scheme and Ramzan Sugar Mills cases, ordering his release.

A two-judge bench headed by Justice Malik Shehzad Ahmed heard Shehbaz and Fawad Hasan Fawad's bail petitions, rejecting the petition of the latter in one of the cases.

The bench reserved its decision but later ordered the release of the leader of the opposition in the National Assembly.

Moreover, the bench accepted Fawad's bail petition in the Ashiana Iqbal Housing Scheme case but rejected the petition in the case pertaining to owing assets beyond known sources of income.

The National Accountability Bureau had taken Shehbaz Sharif into custody in October 2018 in the Ashiana-i-Iqbal project, after the politician appeared before the bureau.

Shehbaz had filed a bail plea in the LHC in January stating that the National Accountability Bureau (NAB) had filed the case contrary to the law.

The case was made on political grounds, Shehbaz had contended in the petition while mentioning medical reasons in his petition as well.

Shahbaz was sent on judicial remand after the accountability court denied the National Accountability Bureau (NAB) request for further physical remand on Dec 6.

The bureau had kept Shahbaz in custody for over 80 days since his arrest and the politician had expressed in his speech that there was an unholy nexus between Pakistan Tehreek-e-Insaf and the bureau.

Production orders were issued for the former chief minister Punjab by the Speaker National Assembly Asad Qaiser multiple times.

Shehbaz Sharif was also appointed as the chairman of Public Accounts Committee though the government is actively considering to remove him from the position.

Haider Ali

The writer is a civil servant.


Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on June 3, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on June 03, 2023 (Saturday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 298.9 302.15
Euro EUR 321 325
UK Pound Sterling GBP 375.5 380
U.A.E Dirham AED 82 83
Saudi Riyal SAR 80 81.2
Australian Dollar AUD 202 204
Bahrain Dinar BHD 758.24 766.24
Canadian Dollar CAD 228 230
China Yuan CNY 40.18 40.58
Danish Krone DKK 41.16 41.56
Hong Kong Dollar HKD 36.39 36.74
Indian Rupee INR 3.45 3.56
Japanese Yen JPY 2 2.08
Kuwaiti Dinar KWD 927.05 936.05
Malaysian Ringgit MYR 61.94 62.54
New Zealand Dollar NZD 173.16 175.16
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 740.5 748.5
Qatari Riyal ‎QAR 78.37 79.07
Singapore Dollar SGD 220 222
Swedish Korona SEK 26.36 26.66
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 8.21 8.36

Today's gold rates in Pakistan | gold price in Pakistan – June 4, 2023

Gold Rate In Pakistan Today:

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 230,800 on Sunday. The price of 10 grams of 24k gold was recorded at Rs197,190.   

Likewise, 10 grams of 22k gold were being traded for Rs180,756 while a single tola of 22-karat gold was being sold at Rs 210,832.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

Gold Price in Pakistan: Lahore, Karachi, Islamabad

City Gold Silver
Lahore PKR 230,800 PKR 2125
Karachi PKR 230,800 PKR 2125
Islamabad PKR 230,800 PKR 2125
Peshawar PKR 230,800 PKR 2125
Quetta PKR 230,800 PKR 2125
Sialkot PKR 230,800 PKR 2125
Attock PKR 230,800 PKR 2125
Gujranwala PKR 230,800 PKR 2125
Jehlum PKR 230,800 PKR 2125
Multan PKR 230,800 PKR 2125
Bahawalpur PKR 230,800 PKR 2125
Gujrat PKR 230,800 PKR 2125
Nawabshah PKR 230,800 PKR 2125
Chakwal PKR 230,800 PKR 2125
Hyderabad PKR 230,800 PKR 2125
Nowshehra PKR 230,800 PKR 2125
Sargodha PKR 232,500 PKR 2125
Faisalabad PKR 232,500 PKR 2125
Mirpur PKR 232,500 PKR 2125


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