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Shehbaz, Zardari and Kakar may face cases as SC annuls amendments in NAB laws

03:17 PM | 15 Sep, 2023
Shehbaz, Zardari and Kakar may face cases as SC annuls amendments in NAB laws
Source: File Photo

ISLAMABAD – The Supreme Court on Friday declared a petition filed by PTI Chairman Imran Khan against the amendments made by the previous coalition government to accountability laws admissible, a ruling that may lead to reopening of corruption cases against public office holders.

A three-member bench headed by Chief Justice of Pakistan (CJP) Umar Ata Bandial, comprising Justice Ijazul Ahsan and Justice Syed Mansoor Ali Shah announced the ruling with 2-1 majority.

CJP Bandial and Justice Ahsan declared Imran’s plea admissible while Justice Shah wrote a dissenting note.

The court also invalidated some amendments made to the accountability laws, calling them contrary to the Constitution of Pakistan.

The top court has invalidated an amendment which limited the National Accountability Bureau’s (NAB) powers regarding cases involving over Rs500 million. It has also struck down another amendment related to the plea bargain.

The apex court has directed that cases which were closed as the amount involving in them were below Rs500 million should be fixed for hearing before accountably courts. It has given seven days to NAB to send the record of all cases to the courts.

Who Will Face Cases Again?

The judgment reopens cases against one former president and six former prime ministers of the country, whose cases were closed under the amendments to the NAB laws.

Reports said cases against former president Asif Ali Zardari, caretaker Prime Minister Anwaarul Haq Kakar, ex-PMs Shehbaz Sharif, Raja Parvez Ashraf and others will be reopened.

Former PMs Yousaf Raza Gilani and Shaukat Aziz, former finance ministers Shaukat Tareen and Ishaq Dar, Sindh Chief Minister Murad Ali Shah, Hamza Shehbaz, Khawaja Saad Rafique are among others who will face the cases again.

Background

In June 2022, Imran Khan had moved the apex court against amendments made to the National Accountability Bureau (NAB) ordinance by the PMD government.

The amendments made several changes to the National Accountability Ordinance (NAO) 1999, including reducing the term of the NAB chairman and prosecutor general to three years, limiting NAB’s jurisdiction to cases involving over Rs500 million, and transferring all pending inquiries, investigations, and trials to the relevant authorities.

The PTI chairman in his petition alleged that the amendments to the NAB laws will benefit the influential suspects in mega corruption cases.

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 10 Dec 2023

Pakistani rupee remains largely stable against the US dollar, and other currencies in the open market on Sunday.

Dollar Rate in Pakistan Today

On Sunday, the US dollar was being quoted at 283.4 for buying and 285.95 for selling.

Euro comes down to 307 for buying and 310 for selling. British Pound rate remains unchanged at 358.5 for buying, and 362 for selling.

UAE Dirham AED witnessed slight drop and new rate stands at 77.2 whereas the Saudi Riyal remained stable at 76.

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

Currency Symbol Buying Selling
US Dollar ‎USD 283.4 285.95
Euro EUR 307 310
UK Pound Sterling GBP 358.5 362
U.A.E Dirham AED 77.2 78
Saudi Riyal SAR 76 76.8
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 755.82 763.82
Canadian Dollar CAD 209 211
China Yuan CNY 39.82 40.22
Danish Krone DKK 41.14 41.54
Hong Kong Dollar HKD 36.37 36.72
Indian Rupee INR 3.41 3.52
Japanese Yen JPY 1.39 1.45
Kuwaiti Dinar KWD 922.14 931.14
Malaysian Ringgit MYR 60.82 61.42
New Zealand Dollar NZD 175.33 177.33
Norwegians Krone NOK 26.12 26.42
Omani Riyal OMR 738.71 741.76
Qatari Riyal ‎QAR 78.07 78.77
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.32 27.62
Swiss Franc CHF 324.5 327
Thai Bhat THB 8.08 8.23

Gold price drops in Pakistan; Check out today gold rates here

Gold prices decreased in local markets in line with the trend in the international market.

Gold Rates in Pakistan Today - 10 December 2023

On Sunday, the price of a single tola of 24-karat gold stands at Rs216,300, and 10 grams of 24k gold costs Rs185,450.

Single tola of 22 Karat Gold price costs Rs198,274, 21 karat rate per tola costs Rs189,263 and 18k gold rate is Rs162,225 for each tola.

In the global market, gold prices hovers around $2,004 per ounce, after drop of $23.35 on Sunday.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 216,300 PKR 2,486
Karachi PKR 216,300 PKR 2,486
Islamabad PKR 216,300 PKR 2,486
Peshawar PKR 216,300 PKR 2,486
Quetta PKR 216,300 PKR 2,486
Sialkot PKR 216,300 PKR 2,486
Attock PKR 216,300 PKR 2,486
Gujranwala PKR 216,300 PKR 2,486
Jehlum PKR 216,300 PKR 2,486
Multan PKR 216,300 PKR 2,486
Bahawalpur PKR 216,300 PKR 2,486
Gujrat PKR 216,300 PKR 2,486
Nawabshah PKR 216,300 PKR 2,486
Chakwal PKR 216,300 PKR 2,486
Hyderabad PKR 216,300 PKR 2,486
Nowshehra PKR 216,300 PKR 2,486
Sargodha PKR 216,300 PKR 2,486
Faisalabad PKR 216,300 PKR 2,486
Mirpur PKR 216,300 PKR 2,486

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