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India confiscates Farooq Abdullah's assets worth Rs118m in money laundering case

10:20 PM | 20 Dec, 2020
India confiscates Farooq Abdullah's assets worth Rs118m in money laundering case

SRINAGAR – The Enforcement Directorate has attached assets worth Rs 11.86-crore of former puppet chief ministers and National Conference president Farooq Abdullah in connection with its money laundering probe in Indian illegally occupied Jammu and Kashmir.

According to Kashmir Media Service, the investigating agency is probing money laundering case linked to financial irregularities in the Jammu and Kashmir Cricket Association and has pressed similar charges against a few others as well.

The agency has issued a provisional attachment order under the Prevention of Money Laundering Act and the attached properties are located in Jammu and Srinagar.

In October this year, the ED had last questioned the NC leader in connection with the case, kicking up a political storm as parties called it a vendetta against the formation of an alliance to fight for the restoration of Article 370.

Meanwhile, the National Conference termed the attachment of Dr Farooq Abdullah's properties as "political vendetta meant to settle a political score."

In a joint statement, party Ali Muhammad Sagar, Nasir Aslam Wani, Devender Singh Rana, Mohammad Shafi, AR Rather, Choudhary Muhammad Ramzan, Mian Altaf, Mubarak Gul, Mohammad Akbar Lone, Hasnain Masoodi, SS Salathia, Ajay Sadhotra, and Qamar Ali Akhoon lambasted the series of attacks on the party leadership.

They said such acts were unwarranted and unjustified.

Daily Pakistan Global Web Desk

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Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 14 April forex rates

Pakistani currency remains unchanged against US dollar and other currencies in open market on April 14, 2024.

US Dollar rate in Pakistan

On Sunday, the US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 14 April 2024

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 299.95 302.9
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.45
 
76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86
 
1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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