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Election commission reserves verdict in PTI's prohibited funding case

04:13 PM | 21 Jun, 2022
Election commission reserves verdict in PTI's prohibited funding case
Source: File photo

ISLAMABAD – The Election Commission of Pakistan has reserved its verdict in the foreign funding case against the former ruling Pakistan Tehreek-e-Insaf (PTI).

The electoral watchdog rebranded a 2014 funding case against Pakistan Tehreek-e-Insaf (PTI) as prohibited funding which was earlier known as foreign funding case.

A three-member bench led by Chief Election Commissioner (CEC) Sikandar Sultan Raja heard the case today in which petitioner Akbar S. Babar’s financial expert concluded his arguments.

Arsalan Wardag, the financial expert for the petitioner, argued that Imran Khan-led party received funding from 12 countries including the US, Britain, Canada, and Australia.

He maintained that the party did not disclose the details of 11 accounts. During the hearing, the chief election commissioner stated that PTI counsel had given his arguments regarding the lack of details of donors, as they were not required by law at the time of transaction.

CEC Raja maintained that the case was a matter of national interest and soon cases of other parties would also be finalized, adding that no one will be discriminated against.

It all started in November 2014, when Akbar Sher Babar sought action against the PTI in accordance with related constitutional provisions, saying that Imran Khan-led party received more than $7.3 million from 2009 to 2013.

Daily Pakistan Global Web Desk

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US Dollar, Euro, Dirham, Pound, Riyal Rate in Pakistan Today - Currency Rates 20 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 20, 2024 (Saturday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 279.15 for buying and 280.85 for selling. Euro's buying rate remains stable at 301.35 and selling rate is 303.25.

British Pound rate is 354.85 for buying, and 358.35 for selling. UAE Dirham AED was at 76.5 and Saudi Riyal lowered to 73.70.

Currency Rates Today

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.15 280.85
Euro EUR 301.35 303.25
UK Pound Sterling GBP 354.85 358.35
U.A.E Dirham AED 76.5 77.25
Saudi Riyal SAR 73.7 74.42
Australian Dollar AUD 184.75 186.55
Bahrain Dinar BHD 741.15 749.15
Canadian Dollar CAD 203.5 205.5
China Yuan CNY 38.35 38.75
Danish Krone DKK 40.05 40.45
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 36.05 36.05
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.25 917.35
Malaysian Ringgit MYR 58.95 59.75
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.39 77.09
Singapore Dollar SGD 202 204
Swedish Korona SEK 26.4 26.7
Swiss Franc CHF 309.05 311.55
Thai Bhat THB 7.5 7.65

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