Schoolteacher dies after receiving NAB notice in fake accounts case

09:14 PM | 19 Dec, 2020
Schoolteacher dies after receiving NAB notice in fake accounts case

HYDERABAD – A schoolteacher in southeastern Sindh province died of cardiac arrest last month, following severe stress over a notice by National Accountability Bureau (NAB).

Faheem Hussain Khero, a primary schoolteacher of BPS 7 in Thatta district, and his other family members were being probed after bank accounts surfaced under their names in Dadu during an ongoing massive probe against benami bank accounts [unverified accounts] in the country.

Sheraz Khero, a brother of the deceased, said that Hussain was under stress after he was served notice by the anti-graft body.

“We have nothing to do with these banks. We are deliberately being dragged into this matter,” said Khero.

“We don’t know who opened these accounts and why,” he was quoted as saying by a private TV channel.

“We are poor people. I do job of a security guard,” said Sheraz Khero, requesting the authorities to end the probe against them.

According to the investigators, transactions of millions of rupees were made from these accounts during 2012-2017.

The deceased’s brother urged that their old mother should also not be dragged in the cases, adding that his father had died in 2016.

The heartbreaking story comes amid a massive probe into high-profile money laundering cases against country’s top politicians, including PPP co-chairman Asif Ali Zardari and PML-N vice president Shehbaz Sharif.

A number of benami accounts surfaced during the probe which were used for money laundering and stash the illegal money, amounting to billions of rupees.

Daily Pakistan Global Web Desk


Currency Rates in Pakistan - Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 24 Feb 2024

Pakistani currency remains largely stable against US dollar and other currencies in the open market on February 24, 2024.

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

On Saturday, Euro stands at 302  for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 24 February 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 908.79 917.79
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94


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