ISLAMABAD – The National Accountability Bureau (NAB) has reopened 80 corruption cases against former prime minister Nawaz Sharif, ex-president Asif Ali Zardari and other politicians.
The anti-corruption watchdog has written a letter to registrar of an accountability court in Islamabad in line with the Supreme Court’s ruling. The NAB will later submit the record of all cases to court to resuming hearing.
The fake accounts’ case against Asif Ali Zardari, rental power case against Speaker National Assembly Raja Parvez Ashraf, Toshakhana cases against Nawaz Sharif, Yousaf Raza Gilani and others are among the 80 cases, which has been reopened.
The accountability department has also reopened an assets beyond means case against former finance minister Ishaq Dar.
Last week, the Supreme Court declared a petition filed by PTI Chairman Imran Khan against the amendments made by the previous coalition government to accountability laws admissible.
A three-member bench headed by outgoing Chief Justice of Pakistan (CJP) Umar Ata Bandial, comprising Justice Ijazul Ahsan and Justice Syed Mansoor Ali Shah announced the ruling with 2-1 majority.
Bandial and Justice Ahsan declared Imran’s plea admissible while Justice Shah wrote a dissenting note.
The court had also invalidated some amendments made to the accountability laws, calling them contrary to the Constitution of Pakistan.
The top court had invalidated an amendment which limited the National Accountability Bureau’s (NAB) powers regarding cases involving over Rs500 million. It has also struck down another amendment related to the plea bargain.
The apex court had directed that cases which were closed as the amount involving in them were below Rs500 million should be fixed for hearing before accountably courts. It had given seven days to NAB to send the record of all cases to the courts.
Pakistani rupee advanced its winning momentum against US dollar, and other currencies in the open market amid strong economic cues.
On Saturday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.
Euro moves down to 309.9 for buying and 310.5 for selling. British Pound rate stands at 359.4 for buying, and 360.05 for selling.
UAE Dirham AED also moved down to 77.45 whereas the Saudi Riyal drops to 75.82.
|UK Pound Sterling||GBP||359.4||360.05|
|Hong Kong Dollar||HKD||36.38||36.48|
|New Zealand Dollar||NZD||173.44||175.44|
The price of gold fell by thousands of rupees as precious metal lost shine despite an upward trend in the international market.
On Saturday, the price of a single tola of 24-karat gold stands at Rs217,300 and 10 grams of 24k gold costs Rs186,300.
Meanwhile, single tola of 22 Karat gold costs Rs199,190, 21 karat rate costs Rs190,138 and 18k gold rate is Rs162,975.
Globally, gold prices hover at around $2072, gaining $32 on Saturday.
|Lahore||PKR 217,300||PKR 2,705|
|Karachi||PKR 217,300||PKR 2,705|
|Islamabad||PKR 217,300||PKR 2,705|
|Peshawar||PKR 217,300||PKR 2,705|
|Quetta||PKR 217,300||PKR 2,705|
|Sialkot||PKR 217,300||PKR 2,705|
|Attock||PKR 217,300||PKR 2,705|
|Gujranwala||PKR 217,300||PKR 2,705|
|Jehlum||PKR 217,300||PKR 2,705|
|Multan||PKR 217,300||PKR 2,705|
|Bahawalpur||PKR 217,300||PKR 2,705|
|Gujrat||PKR 217,300||PKR 2,705|
|Nawabshah||PKR 217,300||PKR 2,705|
|Chakwal||PKR 217,300||PKR 2,705|
|Hyderabad||PKR 217,300||PKR 2,705|
|Nowshehra||PKR 217,300||PKR 2,705|
|Sargodha||PKR 217,300||PKR 2,705|
|Faisalabad||PKR 217,300||PKR 2,705|
|Mirpur||PKR 217,300||PKR 2,705|