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SC quashes govt reference against Justice Qazi Faez Isa

05:31 PM | 19 Jun, 2020
SC quashes govt reference against Justice Qazi Faez Isa

ISLAMABAD - The Supreme Court of Pakistan on Friday quashed the government’s reference against Justice Qazi Faez Isa.

The top court also declared the show-cause notice null and void, issued to the judge by the Supreme Judicial Council.

The apex court reserved the verdict on the presidential reference against Justice Isa Friday. Justice Umar Ata Bandiyal announced it.

The court ordered the Inland Revenue commissioner to issue notices to Justice Isa’s wife, Sarina Isa, and children to verify the record of their properties. It asked the Federal Board of Revenue to decide on the matter and inform the court.

The SC said the Supreme Judicial Council can only take any action if required under the law. The court ordered the FBR chairperson to sign the report and submit it to the registrar in seven days.

The government, on June 2, 2019, confirmed that a presidential reference had been filed in the Supreme Judicial Council against the judge for owning foreign assets.

Justice Isa has been accused of misconduct over failure to declare his wife and children’s UK properties. According to the judge, his wife and children have on their names three properties in the W2, E10 and E11 areas of London.

After this, Justice Isa challenged the reference in the top court. He asked that the reference should be quashed and PM’s Assets Recovery Unit be termed null and void. He even asked for action to be taken against Special Assistant on Accountability Shahzad Akbar.

Sarina Isa, the wife of Justice Isa, revealed on Thursday the details of her London properties to the Supreme Court while recording her statement via a video link. She even submitted her money trail, tax records, bank documents and property papers to the court.

Ms Isa disclosed that she bought one property for £23,600 in 2004, another for £270,000, which is under her and her daughter’s name, and the third one for £245,000 in 2013. Her son lives in one of the properties and has put the other two on rent.

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Justice Isa, who is in line to become the chief justice of Pakistan, has accused in a petition the PTI government of spying on him to discover his family’s properties.

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 4 Dec  2023

Pakistani rupee's value remained stable against US dollar, Euro, Pound, Dirham, Riyal and other currencies in the open market.

Dollar Rate in Pakistan Today

On Monday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.

Euro rate stands at 309.9 for buying and 310.5 for selling. British Pound GBP rate stands at 359.4 for buying, and 360.05 for selling.

UAE Dirham AED currently hovers around 77.45 while rate of Saudi Riyal stands at 75.82.

Today’s currency exchange rates in Pakistan – 4 December 2023

Currency Symbol Buying Selling
US Dollar USD 285.15  287.95 
Euro EUR 309.9  310.5 
UK Pound Sterling GBP 359.4  360.05 
U.A.E Dirham AED 77.45 77.6
Saudi Riyal SAR 75.82 75.97
Australian Dollar AUD 187.72 188.22
Bahrain Dinar BHD 759.94 767.94
Canadian Dollar CAD 209.99 210.49
China Yuan CNY 39.78 39.88
Danish Krone DKK 41.95 42.05
Hong Kong Dollar HKD 36.38 36.48
Indian Rupee INR 3.39 3.5
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 926.39 935.39
Malaysian Ringgit MYR 60.38 60.98
New Zealand Dollar NZD 173.44 175.44
Norwegians Krone NOK 26.25 26.55
Omani Riyal OMR 742.16 750.18
Qatari Riyal QAR 78.5 79.2
Singapore Dollar SGD 212.45 212.95
Swedish Korona SEK 27.09 27.19
Swiss Franc CHF 325.38 325.88
Thai Bhat THB 8.05 8.09

Gold prices in Pakistan move down despite positive global cues

The gold remained under pressure as the precious metal moved down despite an upward trend in the international market.

Gold Rates in Pakistan Today - 4 December 2023

On the first day of the week, the price of a single tola of 24-karat gold stands at Rs217,000 and 10 grams of 24k gold costs Rs186,043 

A single tola of 22-karat gold costs Rs170,539, while 21 karat rate for each tola is Rs. 192,325 and the price of 18k gold is Rs164,850.

In the global market, gold prices hover at around $2086, gaining $14.44 on Monday.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 217,000 PKR 2,720
Karachi PKR 217,000 PKR 2,720
Islamabad PKR 217,000 PKR 2,720
Peshawar PKR 217,000 PKR 2,720
Quetta PKR 217,000 PKR 2,720
Sialkot PKR 217,000 PKR 2,720
Attock PKR 217,000 PKR 2,720
Gujranwala PKR 217,000 PKR 2,720
Jehlum PKR 217,000 PKR 2,720
Multan PKR 217,000 PKR 2,720
Bahawalpur PKR 217,000 PKR 2,720
Gujrat PKR 217,000 PKR 2,720
Nawabshah PKR 217,000 PKR 2,720
Chakwal PKR 217,000 PKR 2,720
Hyderabad PKR 217,000 PKR 2,720
Nowshehra PKR 217,000 PKR 2,720
Sargodha PKR 217,000 PKR 2,720
Faisalabad PKR 217,000 PKR 2,720
Mirpur PKR 217,000 PKR 2,720

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