Search

x
Join our whatsapp channel for News Updates

PM Shehbaz, CM Hamza's bail extended; warrants issued for Suleman, others in money laundering case

10:11 AM | 21 May, 2022
PM Shehbaz, CM Hamza's bail extended; warrants issued for Suleman, others in money laundering case
Source: File Photo

LAHORE – The special central court on Saturday extended interim bail of Prime Minister Shehbaz Sharif and Chief Minister Hamza Shahbaz in Rs16 billion money laundering case. 

The father-son duo also appeared before the court while strict security arrangements were made around the court. 

The court also issued bailable warrants for Suleman Shehbaz, Tahir Naqvi, Malik Maqsood for not appearing before the Federal Investigation Agency (FIA) during investigation of the case.

A sessions court has already declared Suleman an offender for not becoming part of the money laundering probe.

During the hearing, FIA prosecutor Farooq Bajwa urged the court to complete the process of declaring the three suspects absconders, adding further delay in it will benefit the suspects. 

Top PML-N leader and family are facing money laundering of billions of rupees using accounts operated in the name of their businesses and employees, as per the Federal Investigators.

Earlier, the court was scheduled to indict the both PML-N bigwigs on May 14 but the process was delayed after newly appointed prosecutor sought time for preparation and absence of Shehbaz Sharif, who was in the UK for the medical treatment at that time. 

The special court had to indict the father-son duo and others in the Rs16 billion money laundering case in April but the absence of Shehbaz Sharif delayed it. 

In the year 2020, Shehbaz Sharif and his sons Hamza and Suleman was booked under Anti Money Laundering Act while more than dozen others have also been named in the case.

Advertisement

Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 20 April forex rates

Pakistani currency remains marginally same against US Dollar and other currencies on April 20, 2024. US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 20 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter