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Accountability court issues arrest warrant for Ishaq Dar

Mahmood Idrees 09:42 AM | 20 Sep, 2017
Accountability court issues arrest warrant for Ishaq Dar
ISLAMABAD - An accountability court on Wednesday issued bailable arrest warrant for Finance Minister Ishaq Dar for not attending the hearing of a reference filed by the National Accountability Bureau (NAB) against his assets.

Judge Mohammad Bashir, who heard the case, also directed the accused to submit surety bonds of Rs1 million to the court. The judge ordered Dar to appear before the court on September 25.

On behalf of the finance minister, his protocol officer Fazal Dad appeared before the court and stated that Dar is out of the country.

During the hearing, the NAB prosecutor asked the court to issue arrest warrant for the minister for not appearing despite summons. The court accepting the plea issued the warrant.

Before starting the hearing, the Registrar office barred media cameramen from entering the premises of the Federal Courts Complex. It only allowed reporters to attend the hearing.

The court had summoned the finance minister on September 20 in a reference regarding holding assets beyond his known sources of income, but he did not appear as he is in London.

Earlier, the NAB Lahore has sent a letter to the State Bank of Pakistan and all other banks to freeze the bank accounts owned by Ishaq Dar.

According to NAB reference, Dar owns assets beyond his known sources of income; therefore, a trial under corruption charges should be launched. A 91 percent increase was observed in his assets in a short period of time, it added.

The accused was summoned to joint investigation but he did not appear citing a review petition against the Panamagate verdict in the Supreme Court, the reference stated.

Dar and his family possess assets worth Rs 839 billion, the reference said.

Earlier, the NAB had submitted reference against the minister to the court in Islamabad, but the registrar sent the reference back to the anti-graft watchdog terming it incomplete and ordered to attach additional documents.

On September 14, the NAB resubmitted the reference with additional details and documents, after which the court summoned Dar.

The Supreme Court while announcing the landmark decision of Panamagate case, which caused ouster of Nawaz Sharif on July 28, had ordered the NAB to file references against the Sharif family and Ishaq Dar within six weeks. It also directed the NAB to decide the references within six months.

 

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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 February 4, 2023 (Saturday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 279.9 283.2
Euro EUR 300.98 301.58
UK Pound Sterling GBP 337.01 337.71
U.A.E Dirham AED 75.14 75.44
Saudi Riyal SAR 73.55 73.85
Australian Dollar AUD 189 192
Bahrain Dinar BHD 712.72 720.69
Canadian Dollar CAD 200 202.2
China Yuan CNY 39.67 39.73
Danish Krone DKK 39.33 39.73
Hong Kong Dollar HKD 34.19 34.54
Indian Rupee INR 3.28 3.39
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 878 887
Malaysian Ringgit MYR 62.83 63.43
New Zealand Dollar NZD 173.25 175.25
Norwegians Krone NOK 26.79 27.09
Omani Riyal OMR 696.08 704.08
Qatari Riyal ‎QAR 73.62 74.32
Singapore Dollar SGD 204 206
Swedish Korona SEK 25.61 25.91
Swiss Franc CHF 291.69 294.19
Thai Bhat THB 8.15 8.30

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 205,200 on Saturday. The price of 10 grams of 24k gold was recorded at Rs175,930.

Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.

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 205,200 PKR 2,430
Karachi PKR 205,200 PKR 2,430
Islamabad PKR 205,200 PKR 2,430
Peshawar PKR 205,200 PKR 2,430
Quetta PKR 205,200 PKR 2,430
Sialkot PKR 205,200 PKR 2,430
Attock PKR 205,200 PKR 2,430
Gujranwala PKR 205,200 PKR 2,430
Jehlum PKR 205,200 PKR 2,430
Multan PKR 205,200 PKR 2,430
Bahawalpur PKR 205,200 PKR 2,430
Gujrat PKR 205,200 PKR 2,430
Nawabshah PKR 205,200 PKR 2,430
Chakwal PKR 205,200 PKR 2,430
Hyderabad PKR 205,200 PKR 2,430
Nowshehra PKR 205,200 PKR 2,430
Sargodha PKR 205,200 PKR 2,430
Faisalabad PKR 205,200 PKR 2,430
Mirpur PKR 205,200 PKR 2,430

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