LAHORE – The National Accountability Bureau has decided to auction properties owned by former prime minister Nawaz Sharif to recover the £8m (more than Rs1 billion) fine imposed on him in the Avenfield corruption reference.
The anti-graft buster will deposit the amount, which will be generated through auction, in national exchequer.
Reports said that NAB has sought details of Nawaz Sharif’s properties sealed by the government over corruption cases.
It will sold the properties under the Land Revenue Act, 1967. Properties owned by the former prime minister in Lahore include Moza Manak (940 kanal, 2 marlas), Moza Badoki Sana (299 kanal, 12 marlas), Moza Mall (103 kanal, 6 marals), -Moza Sultankey (312 kanal, 14 marlas) and House No. 135, Upper Mall
On July 06, 2018, an accountability court jailed former prime minister Nawaz Sharif, daughter Maryam Nawaz and son-in-law Captain (r) Muhammad Safdar for 10, 7 and 1 year respectively, in Avenfield properties reference case.
The court had also imposed a fine of £8m on Nawaz Sharif.
The Flagship reference was filed by the National Accountability Bureau (NAB), claiming that that Sharif and his sons set up Flagship Investment Limited and 15 other companies to manage or acquire expensive properties and used the companies to hide their real sources of assets.
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 June 1, 2023 (Thursday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 310.9 | 314.15 |
Euro | EUR | 330 | 333.3 |
UK Pound Sterling | GBP | 382.5 | 386.3 |
U.A.E Dirham | AED | 84.8 | 85.6 |
Saudi Riyal | SAR | 82.2 | 83 |
Australian Dollar | AUD | 201 | 203 |
Bahrain Dinar | BHD | 758.25 | 766.25 |
Canadian Dollar | CAD | 227 | 229.2 |
China Yuan | CNY | 40.26 | 40.66 |
Danish Krone | DKK | 41.04 | 41.44 |
Hong Kong Dollar | HKD | 36.39 | 36.74 |
Indian Rupee | INR | 3.45 | 3.56 |
Japanese Yen | JPY | 2.25 | 2.45 |
Kuwaiti Dinar | KWD | 927.17 | 936.17 |
Malaysian Ringgit | MYR | 61.94 | 62.54 |
New Zealand Dollar | NZD | 172.79 | 174.79 |
Norwegians Krone | NOK | 25.67 | 25.97 |
Omani Riyal | OMR | 740.96 | 748.96 |
Qatari Riyal | QAR | 78.37 | 79.07 |
Singapore Dollar | SGD | 220 | 222 |
Swedish Korona | SEK | 26.36 | 26.66 |
Swiss Franc | CHF | 315.04 | 317.54 |
Thai Bhat | THB | 8.21 | 8.36 |
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 230,500 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 230,500 | PKR 2125 |
Karachi | PKR 230,500 | PKR 2125 |
Islamabad | PKR 230,500 | PKR 2125 |
Peshawar | PKR 230,500 | PKR 2125 |
Quetta | PKR 230,500 | PKR 2125 |
Sialkot | PKR 230,500 | PKR 2125 |
Attock | PKR 230,500 | PKR 2125 |
Gujranwala | PKR 230,500 | PKR 2125 |
Jehlum | PKR 230,500 | PKR 2125 |
Multan | PKR 230,500 | PKR 2125 |
Bahawalpur | PKR 230,500 | PKR 2125 |
Gujrat | PKR 230,500 | PKR 2125 |
Nawabshah | PKR 230,500 | PKR 2125 |
Chakwal | PKR 230,500 | PKR 2125 |
Hyderabad | PKR 230,500 | PKR 2125 |
Nowshehra | PKR 230,500 | PKR 2125 |
Sargodha | PKR 230,500 | PKR 2125 |
Faisalabad | PKR 230,500 | PKR 2125 |
Mirpur | PKR 230,500 | PKR 2125 |
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