Pervaiz Elahi, Shujaat Hussain under NAB radar in fresh probe

04:51 PM | 14 Feb, 2019
Pervaiz Elahi, Shujaat Hussain under NAB radar in fresh probe
ISLAMABAD - The National Accountability Bureau (NAB) has launched investigations against Speaker Punjab Assembly Chaudhry Pervaiz Elahi and others for alleged financial misappropriation.

According to a press release issued on Thursday, the executive board of the bureau approved inquiries against political heavyweights including Chaudhry Shujaat Hussain as well.

Former foreign minister Hina Rabbani Khar, former National Highway Authority chief Shahid Ashraf Tarar, former Evacuee Trust Board Property (ETPB) Chairman Siddiq ul Farooq, and former Managing Director Pakistan Bait-ul- Mal Abid Wahed Shaikh would also be investigated as part of the inquiry launched against them in separate cases.

The bureau announced that a reference would also be filed for illegal award of tender regarding the diplomatic shuttle service with accused including former chairman Capital Development Authority Kamran Lashari, Asif Hashmi, Zafar Iqbal and deputy administrator Qasoor Akram Joyia.

Moreover, another reference would also be filed in the accountability court against Ghulam Sarwar Sindhu, Muhammad Hussain, Munir Jilani, Nusrat ullah, formre local government secretary Aurangzeb, Asghar Khan, former XEN Hala division Ashiq Ali as per the communique issued by the accountability watchdog.

During the meeting, NAB chief Justice (retd) Javed Iqbal expressed that corruption was the root cause of all the evils. He vowed to bring corruption cases to a logical conclusion.

Haider Ali

The writer is a civil servant.


USD to PKR: Pakistani rupee continues recovery against dollar, rises by Rs1.04 in interbank

KARACHI – The Pakistani rupee continued its positive trajectory against the US dollar in the interbank market on Thursday with the local currency’s recovery relating to crackdown launched against hoarders and outflows of the foreign currency through unlawful means.

During the intraday trading, PKR moved up against the USD, and hovered at 287.73, with an increase of Rs1.04, in the interbank market.

Yesterday, the Pakistani rupee appreciated 0.36pc to settle at 288.75.

Last week, the government said a crackdown to prevent cross-border smuggling was initiated across Pakistan. The country’s central bank also stepped up supervision of the foreign exchange market, ordering banks to set up separate entities to conduct forex transactions.

The SBP also introduced structural reforms in the exchange companies’ sector to provide better services and to ensure a transparent system.

Gold Rate in Pakistan Today – September 28, 2023

Today Gold Rate in Pakistan

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 202,600 on Thursday.

The price of 10 grams of 24k gold was recorded at Rs 177,700. Likewise, 10 grams of 22k gold were being traded for Rs168,730 while a single tola of 22-karat gold was being sold at Rs196,807.

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.

Today Gold Price in Pakistan - 28 September 2023

City Gold Silver
Lahore PKR 202,600 PKR 2,495
Karachi PKR 202,600 PKR 2,495
Islamabad PKR 202,600 PKR 2,495
Peshawar PKR 202,600 PKR 2,495
Quetta PKR 202,600 PKR 2,495
Sialkot PKR 202,600 PKR 2,495
Attock PKR 202,600 PKR 2,495
Gujranwala PKR 202,600 PKR 2,495
Jehlum PKR 202,600 PKR 2,495
Multan PKR 202,600 PKR 2,495
Bahawalpur PKR 202,600 PKR 2,495
Gujrat PKR 202,600 PKR 2,495
Nawabshah PKR 202,600 PKR 2,495
Chakwal PKR 202,600 PKR 2,495
Hyderabad PKR 202,600 PKR 2,495
Nowshehra PKR 202,600 PKR 2,495
Sargodha PKR 202,600 PKR 2,495
Faisalabad PKR 202,600 PKR 2,495
Mirpur PKR 202,600 PKR 2,495


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