Saif Gaddafi may run for Libya's presidency to rescue country from turmoil

Muhammad Irfan 12:12 AM | 21 Mar, 2018
Saif Gaddafi may run for Libya's presidency to rescue country from turmoil
TUNISIA - Nearly seven years after the bloody NATO-backed uprising overthrew Colonel Gaddafi, his son, Saif Al-Islam is reportedly seeking to run in the Libyan presidential elections this year to “rescue” his country from the turmoil.

The second son of the Libyan leader Muammar Gaddafi, wanted by the International Criminal Court (ICC) on charges of crimes against humanity, is seeking to run in the country's presidential election, which is set to be held sometime before the end of this year. The 45-year-old, currently hiding in Tunisia, launched his presidential campaign as a member of the Popular Front for the Liberation of Libya (PFLL) on Monday.

“Saif al-Islam Gaddafi has decided to run in the upcoming presidential elections and does not aspire to power in its traditional sense,” PFLL spokesman Ayman Abu Ras announced during a press conference in Tunis.

Gaddafi’s candidacy will be officially registered at the opening of registration lists in the elections, the spokesman said, noting that the self-exiled man plans to “save Libya” and “establish peace and stability” in the war-torn country. He added that Gaddafi’s reform program includes a comprehensive political, security and social vision for the future of a “modern and open” Libya.

The spokesman vowed that Gaddafi Jr. will directly address Libyans in the coming days to announce his electoral plans and his vision of rebuilding the state. In the meantime, the lawyer representing Saif Al-Islam Gaddafi confirmed that his client will register his candidacy when the registration process officially opens.

“The Libyan people have the right to choose," Khalid al-Ghuwail said.

Libya descended into chaos after the fall of Muammar Gaddafi, with multiple governments competing for control of the oil-rich country. Currently, the north African country is divided between the Tobruk-based parliament and the UN-backed government in Tripoli. The power vacuum in the country, which emerged after the disastrous NATO-led military intervention in 2011, has also been exploited by militants and terrorist groups, including Al-Qaeda and Islamic State (IS, formerly ISIS, ISIL) offshoots.

Gaddafi now “proposes the restoration of the national state with full sovereignty,” Abu Ras said, noting that the PFLL platform advocates the “elimination of terrorism in all its forms.”

Despite Abu Ras' announcement, Saif al-Islam Gaddafi has not appeared in public since his release from prison in the southern city of Zintan in June 2017, where he had been detained by a local militia following his capture in 2011. In July 2015, Gaddafi Jr. was sentenced to death by Tripoli in absentia for war crimes. However, Zintan authorities refused to implement his sentence, ultimately releasing their prisoner after six years of captivity. While the Tobruk-based government granted Gaddafi Jr. full amnesty in June 2017, the 45-year-old still has a standing ICC arrest warrant over crimes against humanity allegedly committed during the 2011 Arab Spring protests. The whereabouts of Gaddafi’s son have been uncertain since he was released by militiamen. He is presumably taking refuge in neighboring Tunisia.

Muhammad Irfan

The writer is a staff member. He has been affiliated with Pakistan's leading English newspapers and worked as News Producer at FM 107.4. Death (as...he is a station, and death is a longest journey from seen to ...


Rupee gains massive recovery against US dollar after SBP relaxes rules for banks

KARACHI – The Pakistani rupee experienced a significant surge in its value in the open market against the dollar.

This surge came after a recent directive from the State Bank of Pakistan (SBP), allowing banks to purchase dollars at the interbank market rate for international card payments. The objective of this move was to narrow the exchange rate gap between the official and informal markets.

According to the Exchange Companies Association of Pakistan, the currency market witnessed the dollar being traded at Rs298, compared to its previous day’s closing rate of 311.

The SBP’s decision was influenced by the International Monetary Fund’s demand for Pakistan to stabilize its currency market before resuming a $6.5 billion bailout program.

In a circular, the central bank stated, “In response to the feedback received from various stakeholders, Authorized Dealers are now permitted to buy USD from the Interbank market to settle card-based cross border transactions with international payment schemes (IPS).”

Market analysts had predicted a decline in the value of the rupee following the implementation of these new guidelines.

Zafar Paracha, the General Secretary of the ECAP, expressed that the SBP’s decision was timely and appropriate. He anticipated that it would lead to a decrease of 20 to 25 rupees in the open market currency rate. Paracha also noted that aligning the rates in the official and informal markets would bolster remittance inflows.

Pracha further emphasized that significant disparities in rates between the official and informal markets encourage transactions outside of the official banking system.

Today's gold rates in Pakistan – June 1, 2023

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 229,000 on Thursday. The price of 10 grams of 24k gold was recorded at Rs197,620.   

Likewise, 10 grams of 22k gold were being traded for Rs181,150 while a single tola of 22-karat gold was being sold at Rs 211,290.

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 229,000 PKR 2125
Karachi PKR 229,000 PKR 2125
Islamabad PKR 229,000 PKR 2125
Peshawar PKR 229,000 PKR 2125
Quetta PKR 229,000 PKR 2125
Sialkot PKR 229,000 PKR 2125
Attock PKR 229,000 PKR 2125
Gujranwala PKR 229,000 PKR 2125
Jehlum PKR 229,000 PKR 2125
Multan PKR 229,000 PKR 2125
Bahawalpur PKR 229,000 PKR 2125
Gujrat PKR 229,000 PKR 2125
Nawabshah PKR 229,000 PKR 2125
Chakwal PKR 229,000 PKR 2125
Hyderabad PKR 229,000 PKR 2125
Nowshehra PKR 229,000 PKR 2125
Sargodha PKR 229,000 PKR 2125
Faisalabad PKR 229,000 PKR 2125
Mirpur PKR 229,000 PKR 2125


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