ISLAMABAD – The Election Commission of Pakistan on Monday reserved a verdict in the Toshakhana case filed against former prime minister and PTI Chairman Imran Khan.
Last month, PML-N government and allied parties filed a reference with the ECP seeking the disqualification of Imran Khan, who was ousted from the prime minister office through a no-confidence vote in April this year.
PML-N lawmakers Barrister Mohsin Nawaz Ranjha had argued that the PTI chief is no more Sadiq and Amin as he failed to declare the gifts received from Toshakhana.
During today’s hearing, Khan’s legal counsel Barrister Ali Zafar told ECP that his client had sold at least four presents he had received during 2018-19.
When a member of the top election body inquired about the source of income used to buy the gifts from Toshakhana, the lawyer avoided sharing the details but revealed that the former premier received gifts worth Rs1.7 million during 2019-20.
He said that the details of the gifts received by Imran Khan as premier till 2021 has been provided in the written reply.
Barrister Zafar said that the income generated by selling the gifts has been declared his client’s income tax returns. He said that tax was paid on an income of Rs58 million.
Last year, the Toshakhana case surfaced after an independent and autonomous enforcement body, accepted an application on the matter and directed the Cabinet Division to provide information about the gifts received by former PM Imran Khan from foreign dignitaries.
Cabinet Division however challenged the PIC order, claiming that it was illegal. The ousted government had taken the position that the disclosure of any information related to Toshakhana will disrupt Pakistan's relations with friendly nations.
Pakistani rupee continued its momentum against the US dollar, and orther currencies in the open market on Thursday, as the local currency also improved in the inter-bank market.
On Thursday, the US dollar moved down and was being quoted at 283.2 for buying and 286.15 for selling.
Euro comes down to 308 for buying and 311 for selling. British Pound rate dropped to 358.5 for buying, and 362 for selling.
UAE Dirham AED witnessed slight drop and new rate stands at 77.4 whereas the Saudi Riyal remained stable at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||358.5||362|
|Hong Kong Dollar||HKD||36.41||36.76|
|New Zealand Dollar||NZD||174.54||176.54|
Gold price in Pakistan remained under pressure as the yellow metal moved down despite an upward trend in the international market.
On Thursday, the price of a single tola of 24-karat gold stands at Rs217,100 and 10 grams of 24k gold costs Rs186,130.
Single tola of 22 Karat Gold costs Rs199,000, 21 karat rate for per tola is Rs189,960 and 18k gold rate is Rs162,825.00 for each tola.
In the global market, gold prices hover at around $2026, gaining $8.30 on Thursday.
Today Gold Price in Pakistan (4 September 2023)
|Lahore||PKR 217,100||PKR 2,565|
|Karachi||PKR 217,100||PKR 2,565|
|Islamabad||PKR 217,100||PKR 2,565|
|Peshawar||PKR 217,100||PKR 2,565|
|Quetta||PKR 217,100||PKR 2,565|
|Sialkot||PKR 217,100||PKR 2,565|
|Attock||PKR 217,100||PKR 2,565|
|Gujranwala||PKR 217,100||PKR 2,565|
|Jehlum||PKR 217,100||PKR 2,565|
|Multan||PKR 217,100||PKR 2,565|
|Bahawalpur||PKR 217,100||PKR 2,565|
|Gujrat||PKR 217,100||PKR 2,565|
|Nawabshah||PKR 217,100||PKR 2,565|
|Chakwal||PKR 217,100||PKR 2,565|
|Hyderabad||PKR 217,100||PKR 2,565|
|Nowshehra||PKR 217,100||PKR 2,565|
|Sargodha||PKR 217,100||PKR 2,565|
|Faisalabad||PKR 217,100||PKR 2,565|
|Mirpur||PKR 217,100||PKR 2,565|