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Panama case verdict opens with quote from The Godfather

Dawood Rehman 04:34 PM | 20 Apr, 2017
Panama case verdict opens with quote from The Godfather
ISLAMABAD - The Supreme Court's detailed judgment on Panama leaks case opened with a quote from The Godfather: “Behind every great fortune there is a crime.”

The Godfather is a crime novel written by Italian American author Mario Puzo. Originally published 1969 by G. P. Putnam's Sons, the novel details the story of a fictional mafia family based in New York City (and Long Beach, New York), headed by Vito Corleone. The novel is set in the years 1945 to 1955, and also provides the back story of Vito Corleone from early childhood to adulthood.

It inspired a 1972 film of the same name. Two film sequels, including new contributions by Puzo himself, were made in 1974 and 1990. The first and second films are widely held in high esteem as examples of the cinematic arts.

The Supreme Court on Thursday, in a 540-page verdict, issued the order for the formation of Joint Investigation Team (JIT) to probe the Sharif family’s involvement in corruption as stated in the Panama leaks.

A five-judge bench, comprising Justice Asif Saeed Khosa, Justice Gulzar Ahmed, Justice Ejaz Afzal Khan, Justice Azmat Saeed and Justice Ijazul Ahsan, had examined arguments presented by the Pakistan Tehreek-i-Insaf (PTI), the Jamaat-i-Islami (JI), the Watan Party and the All Pakistan Muslim League, who framed the case out of court as a campaign against corruption.

Justice Asif Saeed Khosa announced the final verdict in the case against Prime Minister Nawaz Sharif and his family at Courtroom 1 at the apex court.

The final verdict is split 3-2 among the bench, with two dissenting notes in the judgement by Justice Khosa and Justice Gulzar. Two judges ruled against PM Nawaz Sharif, whereas the other three were in favour of forming a JIT.

Justice Khosa asserted that the Federal Investigation Agency (FIA) and National Accountability Bureau (NAB) had been unsuccessful in playing their role effectively.

The JIT will include officials from NAB, FIA, State Bank of Pakistan, Inter-Services Intelligence, Military Intelligence, the bench said, and will be led by a director-general level FIA officer.

Dawood Rehman
Dawood Rehman

The writer is a member of the staff.

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 24, 2023

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 24, 2023 (Friday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 283.2 286
Euro EUR 302.5 305.5
UK Pound Sterling GBP 343.5 347
U.A.E Dirham AED 77.2 78
Saudi Riyal SAR 75.4 76.2
Australian Dollar AUD 187 189.4
Bahrain Dinar BHD 749.55 757.55
Canadian Dollar CAD 205 207.2
China Yuan CNY 40.91 41.31
Danish Krone DKK 40.77 41.17
Hong Kong Dollar HKD 35.92 36.27
Indian Rupee INR 3.41 3.52
Japanese Yen JPY 2.06 2.11
Kuwaiti Dinar KWD 919.22 928.22
Malaysian Ringgit MYR 62.85 63.45
New Zealand Dollar NZD 176.66 178.66
Norwegians Krone NOK 26.33 26.63
Omani Riyal OMR 731.97 739.97
Qatari Riyal ‎QAR 77.43 78.13
Singapore Dollar SGD 208 210
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 305.12 307.62
Thai Bhat THB 8.19 8.34

Today's gold rates in Pakistan – 25 March 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 207,000 on Saturday.The price of 10 grams of 24k gold was recorded at Rs177,470.   

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 207,000 PKR 2,445
Karachi PKR 207,000 PKR 2,445
Islamabad PKR 207,000 PKR 2,445
Peshawar PKR 207,000 PKR 2,445
Quetta PKR 207,000 PKR 2,445
Sialkot PKR 207,000 PKR 2,445
Attock PKR 207,000 PKR 2,445
Gujranwala PKR 207,000 PKR 2,445
Jehlum PKR 207,000 PKR 2,445
Multan PKR 207,000 PKR 2,445
Bahawalpur PKR 207,000 PKR 2,445
Gujrat PKR 207,000 PKR 2,445
Nawabshah PKR 207,000 PKR 2,445
Chakwal PKR 207,000 PKR 2,445
Hyderabad PKR 207,000 PKR 2,445
Nowshehra PKR 207,000 PKR 2,445
Sargodha PKR 207,000 PKR 2,445
Faisalabad PKR 207,000 PKR 2,445
Mirpur PKR 207,000 PKR 2,445

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