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Bangladesh opposition leader Khaleda Zia's son jailed for 7-year for money laundering

Khurram Shahzad 06:54 PM | 21 Jul, 2016
Bangladesh opposition leader Khaleda Zia's son jailed for 7-year for money laundering
DHAKA - A Bangladesh court on Thursday sentenced the eldest son of the main opposition leader Khaleda Zia to seven years in prison for money laundering.

The high court convicted 51-year-old Tarique Rahman, overturning a 2013 acquittal by a lower court, and sentenced him to seven years in jail.

Defense lawyer Zainul Abedin said the court also fined him 200 million takas ($2.54 million). Abedin said they have not decided if they will file an appeal with the Supreme Court.

A Dhaka trial court in 2013 acquitted Rahman of charges that he and a businessman friend siphoned off 204.1 million takas to Singapore between 2003 and 2007.

“The high court said Tarique Rahman influenced political power to help his close friend Giasuddin Mamun to get and then launder 200 million taka ($2.5 million),” Deputy Attorney General Moniruzzaman Kabir said.

“Mamun took the money as a bribe for securing a power plant contract for a construction company and laundered the money to a Singapore account.” Kabir said Rahman had taken 45 million taka from the account.

He was sentenced to seven years in jail and fined 200 million taka, the attorney general said. Rahman will now be barred from politics unless the Supreme Court overturns his conviction, Kabir said.

Tarique Rahman lives in exile but remains an opposition figure and heir apparent to his mother, former Prime Minister Khaleda Zia, whose rivalry with Prime Minister Sheikh Hasina runs deeps and strong in Bangladesh.

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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 1, 2023 (Wednesday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 267.53 268.18
Euro EUR 290.22 290.82
UK Pound Sterling GBP 330.48 331.18
U.A.E Dirham AED 72.78 73.08
Saudi Riyal SAR 71.23 71.53
Australian Dollar AUD 190 193
Bahrain Dinar BHD 702.68 710.68
Canadian Dollar CAD 201.75 205
China Yuan CNY 39.15 39.55
Danish Krone DKK 38.6 39
Hong Kong Dollar HKD 33.72 34.07
Indian Rupee INR 3.24 3.35
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 865.31 874.31
Malaysian Ringgit MYR 62.24 62.84
New Zealand Dollar NZD 171.35 173.35
Norwegians Krone NOK 26.76 27.06
Omani Riyal OMR 686.49 694.49
Qatari Riyal ‎QAR 72.58 73.28
Singapore Dollar SGD 201.2 203.2
Swedish Korona SEK 25.45 25.75
Swiss Franc CHF 286.19 288.69
Thai Bhat THB 8.06 8.21

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs202,000 on Wednesday. The price of 10 grams of 24k gold was recorded at Rs173,190.

Likewise, 10 grams of 22k gold were being traded for Rs164,500 while a single tola of 22-karat gold was being sold at Rs 179,100.

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 202,000 PKR 2,390
Karachi PKR 202,000 PKR 2,390
Islamabad PKR 202,000 PKR 2,390
Peshawar PKR 202,000 PKR 2,390
Quetta PKR 202,000 PKR 2,390
Sialkot PKR 202,000 PKR 2,390
Attock PKR 202,000 PKR 2,390
Gujranwala PKR 202,000 PKR 2,390
Jehlum PKR 202,000 PKR 2,390
Multan PKR 202,000 PKR 2,390
Bahawalpur PKR 202,000 PKR 2,390
Gujrat PKR 202,000 PKR 2,390
Nawabshah PKR 202,000 PKR 2,390
Chakwal PKR 202,000 PKR 2,390
Hyderabad PKR 202,000 PKR 2,390
Nowshehra PKR 202,000 PKR 2,390
Sargodha PKR 202,000 PKR 2,390
Faisalabad PKR 202,000 PKR 2,390
Mirpur PKR 202,000 PKR 2,390

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