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Nawaz Sharif submits fresh documents in Flagship reference

04:56 PM | 21 Dec, 2018
Nawaz Sharif submits fresh documents in Flagship reference
ISLAMABAD - An accountability court on Friday accepted new documents in the Flagship Investment reference filed against the former prime minister Nawaz Sharif by the National Accountability Bureau (NAB).

Accountability Court Judge Arshad Malik heard the Flagship Investment reference and accepted the request of Nawaz’ counsel, Khawaja Haris to submit additional documents.

During the hearing, the court also turned down the reservations of National Accountability Bureau against submission of fresh documents.

NAB prosecutor Sardar Mehfooz argued that the defence counsel had earlier stated that they had provided complete evidence, inquiring under which law these additional documents could be presented.

“The suspects were given full opportunities to submit documents in their defence. The documents which were presented are not mentioned in the financial statement and state that the companies were in loss. They have brought documents on company disposal now but our case is that how were these companies formed?” he added.

At this, Judge Malik remarked that during the last hearing he had observed that documents can be provided before the pronouncement of the verdict.

“The case is that Nawaz bought property in the name of his benamidaar. Now if this property was sold or not, what difference will it make to the case?” the judge observed.

After the approval of request, additional documents pertaining to Hasan Nawaz’ property were made part of the record.

“The documents are accepted to meet all obligations of justice,” Judge Malik remarked.

The accountability court had reserved the verdict in two pending graft references filed against Nawaz Sharif on Wednesday after dozens of hearings.

All eyes are on the accountability court as it will announce its verdict in Flagship Investment and Al-Azizia reference against the Sharif family on Monday, December 24.

The references were filed in line with the directives of the apex court in the Panama Papers case.

Cases


As many as three references have been filed against the former premier in line with the directives of the Supreme Court – a decision that ousted Nawaz Sharif from the PM House in July last year.

The accountability court judge Muhammad Bashir had sentenced the elder Sharif to ten years in the Avenfield reference. However, the conviction was suspended by a two-member bench of the Islamabad High Court.

Besides Sharif, Maryam Nawaz was sentenced to 7 years and Captain Safdar was sentenced to one year in prison in the Avenfield reference which pertains to the pricey flats of the former ruling family.

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Rupee remains stable against US dollar, Euro, Pound, Dirham and Riyal; check forex rates

Pakistani rupee remained stable against US dollar in the open bank market on Friday.

Dollar Rate in Pakistan Today

On Friday, the US dollar was being quoted at 285.3 for buying and 288.15 for selling.

Euro moves down to 311 for buying and 314 for selling. British Pound rate stands at 358.5 for buying, and 361.5 for selling.

UAE Dirham AED stands at 78 whereas the Saudi Riyal rate stands at 76.20.

Today's currency exchange rates in Pakistan – 1 December 2023

Currency Symbol Buying Selling
US Dollar ‎USD 285.3 288.15
Euro EUR 311 314
UK Pound Sterling GBP 358.5 361.5
U.A.E Dirham AED 78 78.7
Saudi Riyal SAR 76.2 77
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 759.67 767.67
Canadian Dollar CAD 209 211
China Yuan CNY 39.59 39.98
Danish Krone DKK 41.38 41.78
Hong Kong Dollar HKD 36.63 36.98
Indian Rupee INR 3.39 3.5
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 926.7 935.7
Malaysian Ringgit MYR 60.38 60.98
New Zealand Dollar NZD 173.44 175.44
Norwegians Krone NOK 26.25 26.55
Omani Riyal OMR 741.26 749.26
Qatari Riyal ‎QAR 77.63 78.33
Singapore Dollar SGD 211 213
Swedish Korona SEK 26.93 27.23
Swiss Franc CHF 325.9 328.4
Thai Bhat THB 8.23 8.38

Gold rates drop in Pakistan; Check today’s gold rates 1 December 2023

KARACHI – The gold price continues to climb up in the local market in line of upward trend in international market.

Gold Rates in Pakistan Today - 1 December 2023

On Thursday, the single tola of 24 Karat gold was available at Rs217,400, and the price for 10-gram gold reached Rs186,390.

Meanwhile, the 22 Karat Gold price stands at Rs199,282, 21 karat rate for each tola is Rs190,225 and 18k gold rate hovers around Rs163,050.

In international market, the price of precious metal hovers around $2,045 per ounce.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 217,400 PKR 2,696
Karachi PKR 217,400 PKR 2,696
Islamabad PKR 217,400 PKR 2,696
Peshawar PKR 217,400 PKR 2,696
Quetta PKR 217,400 PKR 2,696
Sialkot PKR 217,400 PKR 2,696
Attock PKR 217,400 PKR 2,696
Gujranwala PKR 217,400 PKR 2,696
Jehlum PKR 217,400 PKR 2,696
Multan PKR 217,400 PKR 2,696
Bahawalpur PKR 217,400 PKR 2,696
Gujrat PKR 217,400 PKR 2,696
Nawabshah PKR 217,400 PKR 2,696
Chakwal PKR 217,400 PKR 2,696
Hyderabad PKR 217,400 PKR 2,696
Nowshehra PKR 217,400 PKR 2,696
Sargodha PKR 217,400 PKR 2,696
Faisalabad PKR 217,400 PKR 2,696
Mirpur PKR 217,400 PKR 2,696

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