Court extends judicial remand of Aleem Khan, orders NAB to present final report

05:54 PM | 20 Apr, 2019
Court extends judicial remand of Aleem Khan, orders NAB to present final report
LAHORE - An accountability court on Saturday extended Pakistan Tehreek-i-Insaf (PTI) leader Aleem Khan's judicial remand till April 30.

The PTI leader appeared before the court in a case pertaining to his offshore companies and alleged possession of assets beyond his known sources of income.

During the hearing, Accountability Court Judge Saeed Najmul Hassan highlighted that no one should be kept in jail unnecessarily.

The NAB investigation officer told the court that most of the investigation against Aleem Khan was complete and that the final report would be presented once the NAB chairman signs off on it.

To this, Khan's lawyer contended that NAB was repeating the stance it had taken at the time of obtaining the judicial remand.

The judge, however, extended Khan's remand for another 10 days and ordered NAB to present its final report on the matter in the next hearing of the case.

The National Accountability Bureau (NAB) had taken Aleem Khan into custody in February. The PTI biggie faces multiple inquiries, including one involving offshore company Hexam Investment Overseas Ltd; one for owning assets beyond his known sources of income; and inquiries into his involvement in the Park View Housing Society, River Age Housing Society, and Multan Road.

According to the anti-graft body, Aleem Khan had started a real state business in which he invested tens of millions of rupees. however, according to the bureau, the PTI leader was unable to show the sources of income with which he purchased the land.

NAB also alleges that Khan had set up multiple offshore companies in the United Arab Emirates (UAE) and Britain in 2005 and 2006, using them to purchase assets that cannot be explained by his means.

Following his arrest, Aleem Khan had immediately submitted his resignation to Punjab Chief Minister Usman Ahmed Buzdar, however, he turns up frequently in the Punjab Assembly on production orders.

The writer is a civil servant.


Currency Rates Today - Pakistani Rupee to US Dollar, Euro, Pound, Dirham, Riyal - 14 July 2024

Pakistani currency rates against US Dollar and other currencies on July 14, 2024 (Sunday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 279.8 for buying and 280.75 for selling. Euro's buying rate moves up to 301.25 and selling rate is 303.15.

British Pound rate is 355.15 for buying, and 358.65 for selling. UAE Dirham AED was at 76.5 and Saudi Riyal lowered to 73.65.

Currency Rates Today

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.8 280.75
Euro EUR 301.25  303.15
UK Pound Sterling GBP 355.15 358.65
U.A.E Dirham AED 76.5 77.25
Saudi Riyal SAR 73.65 74.37
Australian Dollar AUD 184.55 186.35
Bahrain Dinar BHD 741 749
Canadian Dollar CAD 203.75 205.75
China Yuan CNY 38.35 38.75
Danish Krone DKK 40.05 40.45
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.33 3.43
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.25 917.35
Malaysian Ringgit MYR 58.95 59.75
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.39 77.09
Singapore Dollar SGD 202 204
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 309.15 311.65
Thai Bhat THB 7.5 7.65


Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter