Panama Papers: ECP issues notices to PM Nawaz, all other stakeholders

09:49 PM | 17 Aug, 2016
Panama Papers: ECP issues notices to PM Nawaz, all other stakeholders
ISLAMABAD (Web Desk) - Election Commission of Pakistan (ECP) issued notices to Prime Minister (PM) Nawaz Sharif and other leaders of the party on Wednesday.

The leaders of Pakistan Muslim League-Nawaz (PML-N) named by four political parties regarding the Panama Leaks issue.

PM Nawaz and the other party leaders shall have to present their response over the allegations on September 6.

References filed by Opposition parties regarding the disqualification of PM Nawaz and the members of his family being named in the Panama Papers were heard today (Wednesday).

ECP has issued notices to Punjab Chief Minister (CM) Shehbaz Sharif, Federal Finance Minister Ishaq Dar, Hamza Shehbaz and Captain (retd.) Safdar in this regard.

Pakistan People’s Party’s (PPP) lawyer Latif Khosa said that Prime Minister Nawaz Sharif spread disinformation regarding the offshore companies, further stating that PM Nawaz was the real owner of the troupes.

Pakistan Tehreek-e-Insaf’s (PTI) lawyer Anees Hashmi argued that PM Nawaz and his family members were involved in tax evasion and money laundering whereas the Awami Muslim League (AML) leader Sheikh Rasheed threatened to reach the streets over the prevailing issue.

PML-N leaders stated that the allegations leveled by the Opposition were a routine thing, further adding that PTI Chairman Imran Khan should stop dreaming about attaining premiership.

ECP also issued notices to PTI Senator Liaqat Tarakai and provincial minister Shahram Tarakai over not mentioning offshore company ownership in their declared assets.


Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal – March 1, 2024

Pakistani rupee remains stable against US dollar in the open market on March 1, 2024 (Friday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.32 for buying and 282.35 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 353 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.15 whereas the Saudi Riyal saw slight increase, with new rates at 74.4.

Today’s currency exchange rates in Pakistan – March 1, 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 279.32 282.35
Euro EUR 302 305
UK Pound Sterling GBP 353 356
U.A.E Dirham AED 76.15 76.85
Saudi Riyal SAR 74.4 75.2
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.11 751.11
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.69 41.09
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 907.32 916.32
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 172.43 174.43
Norwegians Krone NOK 26.36 26.66
Omani Riyal OMR 725.68 733.68
Qatari Riyal ‎QAR 76.74 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.13 27.43
Swiss Franc CHF 317.76 320.26
Thai Bhat THB 7.76 7.91


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