Top court judge expresses reservations over Panamagate verdict against Nawaz

Mahmood Idrees 09:39 AM | 21 Mar, 2018
Top court judge expresses reservations over Panamagate verdict against Nawaz
ISLAMABAD – In what appeared to be a support to deposed prime minister Nawaz Sharif’s stance regarding Panamagate verdict, Supreme Court Judge Justice Qazi Faez Isa wondered how a disqualification can be done on the basis of Iqama (work permit) when a case is about properties in London.

Justice Isa stated these remarks while hearing a petition filed by Pakistan Muslim League-Nawaz (PML-N) leader Shakil Awan seeking disqualification of Awami Muslim League (AML) chief Sheikh Rasheed for concealing his asset.

His remarks came after Advocate Sheikh Ilyas, representing Awan, gave reference to Panama Papers judgement to bolster his arguments against Ahmed.

He questioned whether the verdict served in the Panama Papers case would be applicable to any errors made by the lawmakers in the asset details while filing their nomination papers, adding whether they would be sent packing on it.

After his disqualification, Nawaz Sharif has been raised objection on the verdict publicly, stating that he was disqualified on the basis of a salary, which he was not receiving.

Justice Isa, who had already raised questions over the verdict that led to the disqualification of Nawaz Sharif, further asked whether the Panamagate verdict would apply to all cases, adding that the principle of strict liability had not been laid down in this case.

Highlighting a legal aspect, he said that was not discussed in the judgment whether the accused concealed the assets mistakenly or intentionally, the Express Tribune reported.

There was a need to scrutinize the objective if there was a problem, the judge said, adding that if the error was not used for taking benefit by someone, then it could not be perceived as mala fide.

According to the Panamagate verdict, anyone who filed asset details with an error was liable to be disqualified; he observed disqualification in the case was made on a simple error. He added that contesting election had become tougher.

Justice Azmat Saeed, who was a member of the bench in the Panama case, said lawmaker would be declared disqualified for concealing his asset. He added that there may also be considered that whether the error was done intentionally or intentionally.

To which, Justice Isa observed that intention has not been examined in the Panama case. Upon this, Justice Saeed remarked every case was different to other as in the Panamagate case no one has confessed to the error but in the current case the AML chief has admitted it.

He said if the court dealt with Sheikh Rasheed’s error strictly, then he could not be sent packing.

Earlier, the Panamagate verdict was mentioned by PML-N leader Hanif Abbasi in disqualification cases against PTI leaders Imran Khan and Jahangir Khan Tareen. Eventually, Tareen was disqualified by the court.

A three-member bench, headed by Justice Azmat Saeed Sheikh, reserved its judgment in the disqualification plea against Sheikh Rasheed. Shakil Awan had lost the 2013 elections from Rawalpindi’s NA-55 constituency against Sheikh Rasheed.

Counsel for PML-N leader said that Rasheed in nomination papers for the 2013 general election declared to own 983 kanals of land but he possed 1,081 Kanals.

He said the AML chief showed the purchase of one Kanal of land in the Bahria Gold City worth over Rs10 million, adding that the actual price for the plot was over Rs48m at the time of booking. He also raised objections to his income.



Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on May 29, 2023

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 May 29, 2023 (Monday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 307.9 311.15
Euro EUR 330 333
UK Pound Sterling GBP 381 384.5
U.A.E Dirham AED 84.6 85.4
Saudi Riyal SAR 82.6 83.4
Australian Dollar AUD 201 203
Bahrain Dinar BHD 762.21 770.21
Canadian Dollar CAD 225.5 227.5
China Yuan CNY 40.6 41
Danish Krone DKK 41.39 41.78
Hong Kong Dollar HKD 36.6 36.95
Indian Rupee INR 3.47 3.58
Japanese Yen JPY 2.15 2.20
Kuwaiti Dinar KWD 932.2 941.2
Malaysian Ringgit MYR 62.42 63.02
New Zealand Dollar NZD 176.98 178.98
Norwegians Krone NOK 26.14 26.44
Omani Riyal OMR 744.58 752.57
Qatari Riyal ‎QAR 78.73 79.43
Singapore Dollar SGD 215 217
Swedish Korona SEK 26.73 27.03
Swiss Franc CHF 316.34 318.84
Thai Bhat THB 8.28 8.43

Today's gold rates in Pakistan – May 29 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 235,800 on Monday. The price of 10 grams of 24k gold was recorded at Rs202,160.   

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.

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 235,800 PKR 2,505
Karachi PKR 235,800 PKR 2,505
Islamabad PKR 235,800 PKR 2,505
Peshawar PKR 235,800 PKR 2,505
Quetta PKR 235,800 PKR 2,505
Sialkot PKR 235,800 PKR 2,505
Attock PKR 235,800 PKR 2,505
Gujranwala PKR 235,800 PKR 2,505
Jehlum PKR 235,800 PKR 2,505
Multan PKR 235,800 PKR 2,505
Bahawalpur PKR 235,800 PKR 2,505
Gujrat PKR 235,800 PKR 2,505
Nawabshah PKR 235,800 PKR 2,505
Chakwal PKR 235,800 PKR 2,505
Hyderabad PKR 235,800 PKR 2,505
Nowshehra PKR 235,800 PKR 2,505
Sargodha PKR 235,800 PKR 2,505
Faisalabad PKR 235,800 PKR 2,505
Mirpur PKR 235,800 PKR 2,505


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