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Asif Zardari shows up before NAB team in Harish and Company case

02:43 PM | 16 May, 2019
Asif Zardari shows up before NAB team in Harish and Company case
ISLAMABAD - Former president Asif Ali Zardari appeared before the National Accountability Bureau (NAB) on Thursday regarding a probe into the Harish and Company case.

The appearance is part of an ongoing investigation by the accountability watchdog in the fake accounts and money laundering case.

According to the anti-graft body, Harish and Company had acquired a contract for water supply from the Special Initiative Department of Sindh but no work was done on the project.; NAB accuses that these funds were used to meet the expenses of Naudero House.

According to NAB officials, Harish and Company was the front company to Park Lane Estate which inflicted a loss of Rs60 million on the national exchequer, Geo News reported.

https://en.dailypakistan.com.pk/pakistan/ihc-approves-zardaris-bail-in-six-nab-cases/

Farooq H Naek, the lawyer for Asif Ali Zardari said his client had nothing to do with Harish and Company adding that even the reference did not include the name of the former president.

A day earlier, the Co-Chairman of Pakistan Peoples Party was granted bail by the Islamabad High Court in six cases currently investigated by NAB.

The high court granted Zardari interim bail on Wednesday in the money laundering case until May 30 while the bail was approved until June 12 relating to an inquiry into Opal 225 property against surety bonds of Rs500,000.

The co-chairman of PPP also received an interim bail in the Park Lane probe until June 12.

Moreover, the IHC extended Zardari’s interim bail in the Tosha Khana vehicles inquiry until June 20 while in an investigation pertaining to suspicious transactions, Zardari’s interim bail was extended until May 21.

Meanwhile, the court adjourned the hearing until May 30 in a probe pertaining to M/s Harish and Company.

The writer is a civil servant.

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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