Lahore court declares Moonis Elahi absconder in money laundering case

02:11 PM | 22 Jul, 2023
Lahore court declares Moonis Elahi absconder in money laundering case
Source: File Photo

LAHORE – A local court in Punjab capital on Saturday declared former minister Moonis Elahi an absconder for not joining investigation launched against him over money laundering charges. 

The judicial magistrate issued the order at the request of the Federal Investigation Agency (FIA) after the son for former Punjab chief minister Chaudhry Parvez Elahi failed to show up before the probe team even after issuance of non-bailable arrest warrant against him.

The court was told by the law enforcement authority that the suspect was not present when the address given in his identity card was visited.

The FIA said the suspect, who is currently in Spain, purposefully avoided the money laundering investigation, hence, he should be declared the absconder.

In another case related to corruption, the PTI leader was also declared a fugitive. He has been accused to receiving bribes in different projects in the case. 


Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 27 Feb 2024

Pakistani currency remains largely stable against US dollar in the open market on February 27, 2024 (Tuesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.4 for buying and 282.3 for selling.

Euro currently stands at 303 for buying and 306 for selling while British Pound rate stands at 351.5 for buying, and 355 for selling.

UAE Dirham AED hovers at 76 whereas the Saudi Riyal saw slight increase, with new rates at 76.7.

Today’s currency exchange rates in Pakistan - 27 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.4 282.3
Euro EUR 303 306
UK Pound Sterling GBP 351.5 355
U.A.E Dirham AED 76 76.7
Saudi Riyal SAR 74.2 75
Australian Dollar AUD 181 183
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207 209
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.56 40.96
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.36
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91


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