The anti-graft watchdog wrote a letter to the SBP on Thursday seeking complete banking transactions records of members of Sharif family and finance minister. SBP will collect the details from all banks in the country and furnish them to NAB after they are compiled.
NAB has asked for the record to be submitted by August 25.
The Supreme Court had, in its July 28 verdict on the Panamagate case, ordered NAB to file references against the Sharif family, Ishaq Dar and others.
Acting on the orders, NAB had decided to file four references, including one against Dar, against the accused for possessing assets and funds beyond his known means of income.
A Supreme Court-sanctioned joint investigation team, which probed allegations against the accused raised in the Panamagate case, had in its final report noted that Dar’s wealth had increased by a staggering 91 times, from Rs9 million to Rs831m, within a very short span of time.
The information requested from the SBP will aid in NAB's ongoing inquiry against Dar.
NAB has asked the SBP to provide details of all bank accounts, including credit and debit card vouchers and statements of accounts, for Dar, his wife Tabassum, sons Ali Mustafa and Mujtuba Hasnain, daughter-in-law Asma Ali and Saeed Ahmed, the current president of the National Bank of Pakistan (NBP).
Asma is daughter of former prime minister Nawaz Sharif.
Besides seeking records of banking transactions, NAB had already written a letter to the Securities and Exchange Commission of Pakistan (SECP) seeking details of some seven companies –Hajveri Holdings, CNG Pakistan, Spencer Distribution, HDS Securities, Gulf Insurance Company, Spenser Pharmacy, and Hajveri Hodarba Management Company – all owned by relatives of Finance Minister Ishaq Dar.
Also on Thursday, the SC granted access to the confidential tenth volume of the JIT report to NAB investigators.
NAB has assigned and dedicated 14 officers to investigate the allegations and consequently file four separate references against Sharif family members in light of the SC judgment, according to media reports.
four probe teams each comprise three officers – an investigation officer, a case officer, and a director. They will be under the direct supervision of the directors-general of NAB Rawalpindi and Lahore.
These teams will conduct inquiries and recommend whether or not corruption reference should be filed.
The National Accountability Ordinance provides that if an investigation officer deems it necessary in the light of the available material evidence, they can order the arrest of an accused at any stage of an investigation.
The writer is a member of the staff.
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 March 30, 2023 (Thursday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 283.6 | 286.65 |
Euro | EUR | 305.5 | 308.5 |
UK Pound Sterling | GBP | 348 | 351.5 |
U.A.E Dirham | AED | 77 | 77.7 |
Saudi Riyal | SAR | 75.5 | 76.3 |
Australian Dollar | AUD | 187.5 | 189.9 |
Bahrain Dinar | BHD | 753.99 | 761.99 |
Canadian Dollar | CAD | 206 | 208.2 |
China Yuan | CNY | 41.25 | 41.65 |
Danish Krone | DKK | 41.26 | 41.51 |
Hong Kong Dollar | HKD | 36.11 | 36.46 |
Indian Rupee | INR | 3.45 | 3.56 |
Japanese Yen | JPY | 2.15 | 2.22 |
Kuwaiti Dinar | KWD | 925.67 | 934.67 |
Malaysian Ringgit | MYR | 62.85 | 63.45 |
New Zealand Dollar | NZD | 175.57 | 177.58 |
Norwegians Krone | NOK | 26.33 | 26.63 |
Omani Riyal | OMR | 736.34 | 744.35 |
Qatari Riyal | QAR | 77.92 | 78.62 |
Singapore Dollar | SGD | 209.5 | 211.5 |
Swedish Korona | SEK | 26.5 | 26.8 |
Swiss Franc | CHF | 308.25 | 310.75 |
Thai Bhat | THB | 8.28 | 8.43 |
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 207,700 on Thursday.The price of 10 grams of 24k gold was recorded at Rs178,070.
Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.
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.
City | Gold | Silver |
Lahore | PKR 207,700 | PKR 2,470 |
Karachi | PKR 207,700 | PKR 2,470 |
Islamabad | PKR 207,700 | PKR 2,470 |
Peshawar | PKR 207,700 | PKR 2,470 |
Quetta | PKR 207,700 | PKR 2,470 |
Sialkot | PKR 207,700 | PKR 2,470 |
Attock | PKR 207,700 | PKR 2,470 |
Gujranwala | PKR 207,700 | PKR 2,470 |
Jehlum | PKR 207,700 | PKR 2,470 |
Multan | PKR 207,700 | PKR 2,470 |
Bahawalpur | PKR 207,700 | PKR 2,470 |
Gujrat | PKR 207,700 | PKR 2,470 |
Nawabshah | PKR 207,700 | PKR 2,470 |
Chakwal | PKR 207,700 | PKR 2,470 |
Hyderabad | PKR 207,700 | PKR 2,470 |
Nowshehra | PKR 207,700 | PKR 2,470 |
Sargodha | PKR 207,700 | PKR 2,470 |
Faisalabad | PKR 207,700 | PKR 2,470 |
Copyright ©2023. Reproduction of this website's content without express written permission from 'Daily Pakistan' is strictly prohibited.